Centage

NOVEMBER 14, 2023

Change is a constant in the world of business operations planning. 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?

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

The retailer could see upside to expected profit in 2024 and 2025 as its strategic plan takes shape, according to the firm. 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.

Profit and Loss 130

Profit and Loss Strategic Planning Budgeting Manufacturing 130

Centage

NOVEMBER 21, 2022

Oil & Gas, Energy, Sports & Entertainment, Media, Healthcare, Pharma, Manufacturing but overall, we have clients across many industries. I personally spearhead planning the implementation for our clients, including setting up phases to address immediate needs, and long-term needs. How does Planning Maestro help your customers?

Problem Solving 98

Problem Solving Budgeting Pharmaceutical Forecasting 98

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

CFO Share

JANUARY 31, 2024

Forecasting has become too complex or too stressful. You are pivoting your business plan and results are yet uncertain. Manufacturing, transportation, distribution, real estate and construction are very financially complex and require a specialty fractional CFO. You are entering a new market or pursing vertical integration.

CFO 52

CFO Forecasting Budgeting Construction 52

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 84

SAP Manufacturing Compliance Leverage 84

Navigator SAP

FEBRUARY 17, 2022

Enterprise resource planning (ERP) systems are one way to keep up with ever-changing variables and to derive the insights that are critical to keep growing your business in uncertain times. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Jedox Finance

DECEMBER 28, 2021

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management.

Financial Planning and Analysis (FP&A) 105

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

Centage

JUNE 12, 2023

For manufacturing and distribution organizations, this can be especially challenging. Manufacturing facilities must consider their production line capacities, their customers’ end product projections, and fluctuating material costs as they design their revenue goals and inventory requirements. That’s a lot of moving parts.

Financial Planning and Analysis (FP&A) 98

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

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

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. This is up from the average 4.9% and Indonesia at 6.5%

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. The CFO fosters engagement by involving key team members in the planning process, encouraging feedback, and addressing concerns.

CFO 52

CFO Communication Finance Budgeting 52

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. It’s a CFO’s job to drive home the importance and action plan for these scenarios.

CFO 52

CFO Forecasting Leadership Budgeting 52

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.". In 2023, executives plan to direct $4.6

SAP 73

SAP Foreign Exchange Economics Budgeting 73

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

Planful

MARCH 16, 2017

Bringing the Budget in Line with Other Processes. What does your current budgeting process look like now? You can’t create a budget without drawing information from several sources. Cloud-based EPM budgeting software collects and stores all of this data in one place. A Model Modeling Process. Analytics Can Be Easy.

Planning 40

Planning Budgeting Auditing Manufacturing 40

Creative CFP

NOVEMBER 4, 2021

But leading up to this moment there have been months, if not years, of preparation and planning for every eventuality. Like launching a rocket into space, a business needs a thought-out and refined plan to have any hope of lifting off. low student intake, low volume of accounts, or inefficient manufacturing processes).

Financial Modeling 52

Financial Modeling Manufacturing Forecasting CFO 52

Creative CFP

NOVEMBER 4, 2021

But leading up to this moment there have been months, if not years, of preparation and planning for every eventuality. Like launching a rocket into space, a business needs a thought-out and refined plan to have any hope of lifting off. low student intake, low volume of accounts, or inefficient manufacturing processes).

Financial Modeling 52

Financial Modeling Manufacturing Forecasting Valuation 52

Centage

JANUARY 17, 2023

Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. 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

CFO Thought Leader

OCTOBER 10, 2023

Read More In the early 2000s, it seems, auto parts manufacturer Bend All may well have had traditional expectations for whoever filled the role of controller that didn’t necessarily include undertaking menu of strategic finance initiatives. Howatson: Vena is an intelligent platform for complete planning.

CFO 52

CFO Financial Planning and Analysis (FP&A) Finance Reconciliations 52

Michigan CFO

NOVEMBER 26, 2021

You can improve your financial position for your small business with a CFO that fits your budget. They will handle budget planning and forecasting, develop strategies for growth, and ensure accurate financial records are maintained. Your business will always need financial planning skills and budgetary management.

CFO 52

CFO Budgeting Math Finance 52

Jedox Finance

AUGUST 2, 2022

In this blog post you get the chance to explore the intersection between the planning and technology of your organization and will see how an EPM Tech Refresh that is coming with a modern solution can help you on your digital transformation journey. The intersection of planning & technology. Table of Contents.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Forecasting Planning 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. The SaaS CFO can help plan and strategize for growth with actionable goals and key performance indicators. Budget Forecasting With SaaS CFO Metrics. Check out these blogs: CFO for Manufacturing Companies.

CFO 52

CFO Budgeting Forecasting Tax Planning 52

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

Michigan CFO

NOVEMBER 15, 2021

Like a regular CFO, a virtual CFO provides consulting on strategy, investigates measures to increase net returns, and helps with forecasting, cash planning and improves systems & processes. Check out these blogs: CFO for Manufacturing Companies. A virtual CFO will give you a plan to get your finances under control.

CFO 52

CFO Budgeting Forecasting Manufacturing 52

ProCFO Partners

OCTOBER 28, 2021

Budgeting, expense and cash flow control, reports and records – unlike sales, these activities don’t bring in revenue. For manufacturing companies this can be a powerful advantage. A second, less understood but no less important way to improve the bottom line is protecting the firm’s assets. Saving Money to Make Money.

CFO 52

CFO Healthcare Budgeting Auditing 52

Centage

AUGUST 8, 2023

When an organization first sets up its budget, an easily accessible tool like Excel can be the perfect solution. But as a business grows and financials become more complex, an Excel or spreadsheet-based budget may be holding it back. Plus, more team members will need to have input into the numbers that make up a company’s budget.

Budgeting 98

Budgeting Planning Forecasting Financial Modeling 98

VCFO

MARCH 17, 2023

How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result.

Manufacturing 73

Manufacturing Benchmarking Forecasting Profit and Loss 73

CFO Strategic Partners

OCTOBER 6, 2021

This survey was answered by people from a wide range of industries including construction, professional services, healthcare, hospitality, manufacturing and more. Across the board, organizations are needing to budget for wage raises. See below for a full breakdown of our results.

CFO 52

CFO Profit and Loss Healthcare Construction 52

Future CFO

SEPTEMBER 14, 2020

The virus continues to ravage the global population, effect changes in consumer behavior, unearth workforce planning challenges, precipitate demand drops, and create supply chain shocks across the business world. Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

Planful

JANUARY 11, 2022

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

Planful

FEBRUARY 2, 2017

We’ve touched on the definition of EPM in a number of other posts, but I thought this would be a good time to define EPM from the Planful perspective. companies, government entities, educational institutions, and non-profits) link their strategies to their plans and execution. So here goes. What is EPM? Sounds easy right?

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

CFO News Room

FEBRUARY 4, 2022

Continuing the same spirit in defence allocations, 68% of the defence capital procurement budget for domestic players will also go a long way in strengthening the domestic hi-tech manufacturing ecosystem. Budget 2022 is one of the more progressive Budgets we have had in recent years. By Ankit Agarwal.

Budgeting 130

Budgeting Manufacturing Investments Finance 130

Centage

DECEMBER 21, 2022

The Value of Stress Testing Your Financial Plan. As we approach the end of the fiscal year and begin a new one, business leaders have an overriding concern: How accurate are the assumptions we made when we created our plan? All plans, to a certain extent, are based on assumptions. Scenario Planning and Goal Alignment.

Financial Planning and Analysis (FP&A) 98

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

Planful

MAY 16, 2017

The common thread is that both terms refer to a process and software system designed to help organizations achieve their financial goals and objectives, by linking their strategies to their plans and execution. (as But it also includes Sales, Marketing, Services, Manufacturing, Supply Chain, and other line-of-business operations.

Education 40

Education Budgeting Manufacturing Forecasting 40