CFO Share

JANUARY 31, 2024

Forecasting has become too complex or too stressful. You are pivoting your business plan and results are yet uncertain. SaaS, retail, and consulting services are simpler but still deserve an experienced professional. In that case, a fractional CFO will focus on strategy and forecasting, lowering your costs.

CFO 52

CFO Forecasting Budgeting Construction 52

Planful

MAY 11, 2017

Let’s start with the continuous planning process definition. Industry analyst Rob Kugel Rob Kugel at Ventana Research offers up a very simple explanation: “Continuous planning uses technology to enable rapid planning and review cycles to support a more agile organization.”. What’s the alternative to continuous planning?

Planning 40

Planning Budgeting Forecasting Transportation 40

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

Jedox Finance

SEPTEMBER 3, 2020

This placed an acute spotlight on planning agility. Many pre-crisis business assumptions and planning models became outmoded overnight. The room for poor assumptions and missed forecasts shrank. For some industries like retail and travel, there was virtually no room at all. This post was first published on FutureCFO.

Forecasting 81

Forecasting CFO Planning Budgeting 81

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

PYMNTS

OCTOBER 28, 2016

According to the National Retail Federation ‘s annual consumer spending survey, shoppers may have a more conservative holiday spending budget as a result of the upcoming election. The study used data points for 50 major retailers collected on a weekly basis and have been refined since 2001.

Retail 48

Retail Advertising Budgeting Forecasting 48

Cube Software

MAY 11, 2023

Introduction to the percentage-of-sales method The percentage-of-sales method is a financial forecasting model to assess a company’s financial future by making financial forecasts based on monthly sales revenue and current sales data. That makes it an accessible forecasting method for less experienced business owners.

Sales 52

Sales Financial Planning and Analysis (FP&A) Forecasting Accounts Payable 52

PYMNTS

APRIL 6, 2020

For retailers, it was supposed to be the year of 5G. Recent research from Gartner finds that 46 percent of retailers expected to deploy augmented reality (AR) or virtual reality (VR) solutions this year. At Omdia we are revising our 5G forecast,” said Omdia 5G Practice Leader Dario Talmesio. Some analysts aren’t convinced. “At

Budgeting 61

Budgeting Retail Forecasting Economics 61

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. What Is Financial Forecasting? Forecast vs. Budget Though similar, a budget and a forecast serve different purposes.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

PYMNTS

MAY 22, 2020

The shopping giant has announced plans to hold Prime Day 2020 in September. Crucible,” which is free to play, is the first big-budget game that Amazon Game Studios has released since the unit’s 2012 launch. This is just speeding up the significant change the retail industry was already undergoing.”.

Retail 63

Retail Sales eCommerce Budgeting 63

PYMNTS

JUNE 8, 2020

Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. In London’s Heathrow Airport, a third runway is on hold, and in New Zealand, Auckland Airport is suspending plans for a second runway and a new terminal. . “We

Construction 52

Construction Transportation Budgeting Forecasting 52

Jedox Finance

JULY 18, 2019

We asked several Financial Planning and Analysis professionals to share their perspectives on the mindset needed for success now and in the future. Let’s hear from the practitioners: Gaileon Thompson, Senior Vice President, FP&A Group Manager, US Retail Bank Operations, Citibank, AFP Board of Directors.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Net Present Value (NPV) Budgeting Leadership 59

Future CFO

AUGUST 11, 2020

This placed an acute spotlight on planning agility. Many pre-crisis business assumptions and planning models became outmoded overnight. The room for poor assumptions and missed forecasts shrank. For some industries like retail and travel, there was virtually no room at all. Design for real-time financial transparency.

Forecasting 40

Forecasting CFO Planning Budgeting 40

PYMNTS

JANUARY 22, 2019

However, all of these trips add up – and they comprise a sizeable part of their budgets. These are some of the ways that retailers from Walmart to Publix – as well as Kroger , Albertson’s and ALDI – are bringing grocery shoppers through their doors or other sales channels. households at the end of its fiscal year.

Retail 59

Retail Budgeting Forecasting Technology 59

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. Your company needs to make plans for the future. What Is Financial Forecasting? Forecast vs. Budget. Though similar, a budget and a forecast serve different purposes.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 52

PYMNTS

DECEMBER 22, 2020

To get a sense of how bad it might have been: Traditional financial institutions (FIs), credit unions (CUs) among them, had been forecasting that returns on assets (ROAs) would have been within the range of 60 basis points to 75 basis points, dipping to 30 basis points in 2021.

Budgeting 123

Budgeting Forecasting Retail Investments 123

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

PYMNTS

FEBRUARY 12, 2019

The company plans to use the PowerCARD software system from HPS to help control its payment chain. International Retail Banking Head of Payment Solutions Nicolas Revol said, according to the outlet, “Keeping up with the digital payments revolution is one of the biggest challenges facing financial institutions today, especially in Africa.”.

Budgeting 43

Budgeting Forecasting Finance Banking 43

Planful

APRIL 28, 2015

Examples include driver-based rolling financial forecasts and true marginal cost analysis for what-if scenarios. . The widening gap between what accountants report and what decision makers need involves the shift from analyzing descriptive historical information to analyzing predictive information, such as budgets and what-if scenarios.

Accounting 40

Accounting Cost Analysis Forecasting Budgeting 40

PYMNTS

OCTOBER 7, 2020

But both retailers maintain their choice has less to do with what Amazon is doing, and more to do with what consumers are reflecting they want out of their holiday shopping experience. . So, we’ve adjusted our strategy to adapt to these new shopping preferences. So, we’ve adjusted our strategy to adapt to these new shopping preferences.

Budgeting 56

Budgeting Sales Forecasting Retail 56

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

CFO News Room

NOVEMBER 16, 2022

In case you are interested, I did write a book on the process that I use to convert stories to numbers, but if you are budget-constrained, many of the ideas in the book are captured in posts that I have done over time on valuation. If you are a numbers valuation, you start with some advantages.

Marketing 130

Marketing Valuation Advertising Numbers 130

The Finance Weekly

DECEMBER 20, 2023

If you're in charge of a team, you understand the importance of using ,, workforce planning software in today's business world. Importance of Workforce Planning Tools Workforce planning involves analyzing and predicting the number of employees you need to achieve your business goals in the short and long term.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

PYMNTS

JULY 23, 2019

percent, during the forecast period of 2019-2024. If you tell us, ‘I’m a budget shopper,’ then it’s going to put 80 percent weighting on the price and 20 percent on seat location,” Goldberg said. There are future plans to support Venmo and more Android-based wallets. The global digital payments market was valued at $3.4

Budgeting 53

Budgeting Forecasting Sales Marketing 53

PYMNTS

OCTOBER 11, 2018

Wells Fargo Head of Payments for Virtual Solutions Avid Modjtabai said at the time, “We believe the Greenhouse experience will appeal to a broad base of consumers, many of whom have several income sources or are paid infrequently, which can make budgeting a challenge. Yet there is some adoption of faster payment technologies among corporates.

B2B 60

B2B Forecasting Banking Budgeting 60

Jedox Finance

MAY 11, 2022

Plans, budgets, and forecasts built collaboratively across the enterprise were historically elusive for companies with various technologies and software assembled over years, if not decades. Real-world use case: Kvadrat , a global textile company improved strategic operational planning.

Financial Planning and Analysis (FP&A) 52

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

Musings on Markets

NOVEMBER 15, 2022

In case you are interested, I did write a book on the process that I use to convert stories to numbers, but if you are budget-constrained, many of the ideas in the book are captured in posts that I have done over time on valuation. Why stories matter in a numbers world If you are a numbers valuation, you start with some advantages.

Valuation 90

Valuation Advertising Numbers Investments 90

Planful

SEPTEMBER 23, 2015

The widening gap between what accountants report and what decision makers need involves the shift from analyzing descriptive historical information to analyzing predictive information, such as budgets, cost estimates and what-if scenarios. Decision Support with Cost Planning involves decision making and taking. See graphic below.

Accounting 40

Accounting Business Analytics Valuation Economics 40

PYMNTS

JANUARY 24, 2017

POSB’s chatbot — which can answer user questions relating to account information, balance inquiries, bill payments and fund transfer requests — is currently live on Facebook Messenger, with upcoming releases planned , said Banking Tech, for WhatsApp and WeChat. Chatbot functionality can appear redundant at times.

Budgeting 40

Budgeting Forecasting Banking Startups 40

Planful

JULY 12, 2021

The larger an organization, the greater the need for better financial planning and analysis (FP&A). Any delays or mistakes in financial planning could have catastrophic consequences. Many companies today are struggling to meet these expectations in their financial planning process.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 40

Jedox Finance

MARCH 7, 2023

Take a look at how real teams and organizations around the globe have experienced an elevated state of planning and achieved the adaptability, integration, and simplicity they need to shape the future. Retailer accelerates budgeting and reporting 2. Table of Contents Increasing adaptability 1.

Financial Planning and Analysis (FP&A) 52

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

Centage

DECEMBER 13, 2021

Lockdowns, the retail apocalypse , the Great Resignation , remote workforces , supply chain uncertainties , and major disruptions in the logistics industry pose unprecedented challenges for companies and their FP&A teams. Data-Driven Planning Process. The past 18 months can hardly fit that description! Watch Demo.

Financial Planning and Analysis (FP&A) 84

Financial Planning and Analysis (FP&A) Technology Forecasting Budgeting 84

Future CFO

JUNE 1, 2022

Rigid data silos have been replaced with more fluid methods of working as technology-enabled collaboration provides a comprehensive, company-wide, real-time overview for agility when plans change. Australian footwear retailer. Consider Accent Group , Australia’s leader in retail and distribution of athletic and lifestyle footwear.

Technology 52

Technology Financial Planning and Analysis (FP&A) Budgeting Leverage 52

CFO News Room

JANUARY 4, 2023

Their duties include overseeing the budgeting and financial planning process, analyzing financial data to identify trends and areas for improvement, and developing strategies to optimize the company’s financial performance. They forecast, create budgets, and ensure that developers aren’t overspending or stretching resources too thin.

Investments 130

Investments Budgeting Finance Marketing 130

The Finance Weekly

MARCH 22, 2022

With that in mind, finance teams should understand the fundamental, unambiguous qualities of “intelligent financial planning & analysis” or IFP&A, the uniqueness of this approach to finance, the , tools necessary to carry out the process, and what specific examples of IFP&A look like. Enhancing Forecast Accuracy.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Corporate Finance Analyzing Data 52

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

CFO News Room

NOVEMBER 8, 2022

ANNIE DUKE: Well, first of all, I just want to make something really clear that when you make a decision, whether you’re doing it explicitly or not, you are making these types of forecasts. Now, what’s interesting though is that in normal project planning, people would build the pedestal first. You are making these types of estimates.

Prioritization 100

Prioritization Forecasting Planning Investments 100