Lime Light

AUGUST 14, 2023

Many manufacturing firms don't realize just how much they're missing out on by forgoing dedicated FP&A solutions. Accuracy and efficiency are vital to success to manufacturing firms. In fact, many firms remain stuck at square 1 with the question 'what is FP&A?'? But first, let's start with the basics: what is FP&A?

Manufacturing 40

Manufacturing Budgeting Forecasting Leverage 40

Lime Light

AUGUST 14, 2023

Many manufacturing firms don't realize just how much they're missing out on by forgoing dedicated FP&A solutions. Accuracy and efficiency are vital to success to manufacturing firms. In fact, many firms remain stuck at square 1 with the question 'what is FP&A?'? But first, let's start with the basics: what is FP&A?

Manufacturing 40

Manufacturing Budgeting Forecasting Leverage 40

Centage

JANUARY 17, 2023

As part of this process, the office of finance and department heads spend an immense amount of time creating, reviewing and approving the business’s budget for the fiscal year ahead – but it’s important that financial management doesn’t stop there. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Centage

NOVEMBER 1, 2023

The office of finance, department heads, and C-suite executives spend much of their time making, checking, and approving the yearly budget. And financial management doesn’t stop once the annual budget is approved. This is the budget vs actual statement. What is a budget vs actual statement?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Planning 52

CFO Simplified

FEBRUARY 17, 2022

Nobody likes creating a budget. But budgeting is vital because it’s the company’s plan for the coming year. If the proper analysis is done, then the budget becomes a tool to guide the company forward. Budgeting is a process that may result in multiple iterations before the resulting numbers are acceptable. Evaluation.

Budgeting 52

Budgeting Cash Flow Forecasting Profit and Loss CFO 52

Spreadym

OCTOBER 10, 2023

Variance reporting is a financial and management accounting process used to analyze the differences between budgeted or expected figures and actual performance results. Key aspects of variance reporting include: Budget or Target Figures: This is the baseline against which actual performance is compared.

Budgeting 59

Budgeting Sales Financial Data Manufacturing 59

CFO News Room

NOVEMBER 1, 2022

Deutsche Bank reiterated the stock as a buy and said it was well positioned, but did concede that macro challenges were challenging advertising budgets. SoFi – The fintech company jumped 10% on the back of a smaller-than-expected quarterly loss and revenue that exceeded analysts’ forecasts. billion forecast.

Foreign Exchange 130

Foreign Exchange Budgeting Profit and Loss Pharmaceutical 130

Centage

NOVEMBER 14, 2023

For the finance team, reforecasting (sometimes called budget reforecasting or financial reforecasting) is the best mechanism for effectively managing changes in strategic planning throughout the budget year. What is budget reforecasting? What is budget reforecasting?

Budgeting 52

Budgeting Forecasting Strategic Planning Leadership 52

Centage

APRIL 4, 2023

At Centage, we’re passionate about connecting businesses with the sophisticated financial planning and budgeting tools they need to stay competitive. Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Prioritization 98

CFO News Room

FEBRUARY 1, 2023

Snap had a rough 2022 as a slowing economy led many companies to slash their digital ad budgets. The company’s fiscal second-quarter revenue topped analysts’ forecasts, according to Refinitiv. Snap — Shares of the social media company plunged 10.3% For a third straight quarter, Snap is declining to provide guidance.

Profit and Loss 130

Profit and Loss Strategic Planning Budgeting Manufacturing 130

CFO Share

JANUARY 31, 2024

Forecasting has become too complex or too stressful. Manufacturing, transportation, distribution, real estate and construction are very financially complex and require a specialty fractional CFO. In that case, a fractional CFO will focus on strategy and forecasting, lowering your costs. Why would I hire fractional CFO services?

CFO 52

CFO Forecasting Budgeting Construction 52

Centage

NOVEMBER 21, 2022

Oil & Gas, Energy, Sports & Entertainment, Media, Healthcare, Pharma, Manufacturing but overall, we have clients across many industries. We all know that most finance and accounting departments are working weekends during the Budgeting, Planning & Forecasting cycles. What industries are you focused on?

Problem Solving 98

Problem Solving Budgeting Pharmaceutical Forecasting 98

Bramasol

MARCH 10, 2023

Virtually all segments of the electronics industry have implemented or are considering subscription-based offerings, including OEM makers of devices and systems, as well as the parts manufacturers and distributors within the electronics industry supply chain. For example, customers may choose from different subscription tiers, discounts, etc.

SAP 86

SAP Manufacturing Compliance Leverage 86

Centage

SEPTEMBER 5, 2023

Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting. The end result is that you get the data you need faster for more accurate forecasts all without overburdening staff and increasing budgets.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Navigator SAP

FEBRUARY 17, 2022

Benefits of Cloud ERP in Finance Departments and Other Business Functions Cloud ERP software simplifies operations by allowing your business to centralize documents, create templates, automate and streamline processes, and track manufacturing and distribution progress in real time.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

SEPTEMBER 4, 2023

The firm forecast that emerging market economies’ GDP growth will be 3.9% Highlights of Asia’s emerging market economies China The country’s GDP is forecast to expand 4.6% Elsewhere, manufacturing production growth continues to weaken, and we expect fixed investment growth of 8.0% this year overall and 3.8%

Marketing 52

Marketing Forecasting Budgeting Manufacturing 52

Centage

DECEMBER 21, 2022

You can update your forecasts based on the analysis. By accurately forecasting the impact of a scenario, you can confidently make recommendations to the executive team. By accurately forecasting the impact of each what-if scenario, you can pre-warn the executive team, so they can make contingency plans. Stress Test Your Budget.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

Future CFO

JULY 20, 2023

The manufacturing Purchasing Managers' Index, for instance, has been below 50 for the past three months, indicating contraction in manufacturing activity, while China’s exports fell by 12.4% Fitch forecast the budget deficit to remain stable at 6.5% in 2024 and 4.7% in 2025,” Fitch noted.

Economics 52

Economics Construction Manufacturing Forecasting 52

Centage

APRIL 6, 2022

Or, let’s say a manufacturer has a five-year goal to grow from a $20 million to a $50 million company. Role of Financial Scenario Planning While driver-based budgets are highly accurate, it’s rare that all drivers will align. The delta between forecasts and actuals can have a huge impact on performance. Why Do What-If Planning?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

CFO Strategic Partners

NOVEMBER 17, 2021

This survey was answered by people from a wide range of industries including construction, professional services, healthcare, nonprofit, manufacturing and more. Twenty percent are choosing to use an annual model, while a small percentage of respondents has no formal budget or forecast.

Economics 52

Economics Budgeting CFO Forecasting 52

Future CFO

AUGUST 30, 2021

Companies in the region plan to give employees larger rises next year as they recover from the economic fallout of the pandemic and face mounting challenges attracting and retaining employees, according to the latest Salary Budget Planning Report by the company. Employers in Singapore are expecting an average salary budget increase of 3.2%

Pharmaceutical 40

Pharmaceutical Budgeting Manufacturing Forecasting 40

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. Developing the Finance Agenda Once strategic priorities are identified, the CFO distills these insights into a clear, concise list of goals.

CFO 52

CFO Communication Finance Budgeting 52

Jedox Finance

DECEMBER 28, 2021

Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. Increasing collaboration will come into sharper focus, but it means much more than just asking your colleague in Finance to work together on a new budget report.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Finance Forecasting 105

Future CFO

FEBRUARY 13, 2022

According to WTW, it surveyed 500 global executives from 250 top firms across 20 countries in retail, manufacturing, leisure and hospitality, transportation, NGOs, and charities, including senior executives who are based Australia, China, Hong Kong, Indonesia, and Singapore and responsible for risk strategy across their organisations.

Budgeting 52

Budgeting Transportation Manufacturing Forecasting 52

The Finance Weekly

FEBRUARY 23, 2022

When this is multiplied by many skilled employees, and even more so around budgeting season, the amount of work hours lost can easily reach into the hundreds for an individual company. The scope of manual work is also quite large and covers categories such as budgets, month-end closes, and forecasts. billion lost.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

The Finance Weekly

JANUARY 9, 2022

Environmental standards may seem like a non-urgent issue if laws haven’t been passed yet, but the CFO needs to be the reminder that these issues are imminent for budgeting, forecasting, and the overall long term vision of the company. Climate change adds another layer of volatility and uncertainty to the already shaky market.

CFO 52

CFO Forecasting Leadership Budgeting 52

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Budgeting and rolling forecasts, as well as what-if scenario planning.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

Centage

SEPTEMBER 5, 2023

Sophisticated FP&A software tools like Planning Maestro enable finance teams to automate routine tasks such as manual data entry, accelerating workflows and improving forecasting. The end result is that you get the data you need faster for more accurate forecasts all without overburdening staff and increasing budgets.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52

CFO Treasury Leadership Cash Management 52

Fpanda Club

MARCH 14, 2021

Lean is usually associated with manufacturing and supply chain, but it can be applied to any field including finance. Examples of motion waste in finance processes are: unnecessary meetings and phone calls, people searching for files and folders to find necessary information, unnecessary iterations during budget cycle.

Finance 130

Finance Benchmarking Transportation Accounts Payable 130

Planful

MARCH 16, 2016

This makes it difficult for companies to have confidence in their financial forecasts and models, resulting in a weakened ability to inform business decisions. The cloud also makes it easy to integrate operational and financial data, which increases accuracy and ensures forecasts are aligned with company goals. Advanced Modeling.

Forecasting 40

Forecasting Financial Data Financial Modeling Budgeting 40

Bramasol

DECEMBER 20, 2022

The McKinsey Global Economics Intelligence report says "Global forecasting institutions, such as the International Monetary Fund, the World Bank, and the OECD, as well as central banks, are trimming growth estimates to align with high inflation and slowing economic activity.". Global Inflation and Economic Uncertainty.

SAP 75

SAP Foreign Exchange Economics Budgeting 75

Bramasol

JULY 14, 2022

The report also sees a "trend of data fabric initiatives across all industries — including financial services, retail, healthcare, manufacturing, oil and gas, and energy — as organizations continue executing their digital transformation initiatives.".

SAP 80

SAP Compliance Leadership Healthcare 80

The Finance Weekly

FEBRUARY 14, 2022

This puts more pressure on the CFO, as it is yet another element to keep in mind when budgeting and forecasting. This can affect the supply chain and services along with manufacturing prices. Having to pay more for recruiting or retaining employees directly affects the company’s finances. This takes care of 2 problems at once.

Forecasting 52

Forecasting Valuation Budgeting CFO 52

Creative CFP

NOVEMBER 4, 2021

A key step in assessing the viability of a business plan is forecasting what could be achieved, taking into account as many factors as possible. A Financial Model, as the name suggests, seeks to model the potential performance of a business by combining relevant inputs and assumptions into a financial forecast.

Financial Modeling 52

Financial Modeling Manufacturing CFO Forecasting 52

Creative CFP

NOVEMBER 4, 2021

A key step in assessing the viability of a business plan is forecasting what could be achieved, taking into account as many factors as possible. A Financial Model, as the name suggests, seeks to model the potential performance of a business by combining relevant inputs and assumptions into a financial forecast.

Financial Modeling 52

Financial Modeling Manufacturing Forecasting Valuation 52

Michigan CFO

NOVEMBER 1, 2021

But come funding time, many SaaS companies find in organizing their finances that their budgeting system is a mess. Budget Forecasting With SaaS CFO Metrics. Your SaaS CFO will develop several forecasts based on various strategies your SaaS business can take. Check out these blogs: CFO for Manufacturing Companies.

CFO 52

CFO Budgeting Forecasting Tax Planning 52