The Finance Weekly

MAY 5, 2024

Leading the growth in almost every company is the sales team. For instance, let's talk about car sales. The salesperson usually dives into your life - asking about your family size, daily routine, and more to understand how you plan to use the car. What is Sales Planning? What is Sales Planning?

Planning

CFO Simplified

JULY 22, 2022

Arrange for a meeting to discuss your plans and your concerns, and tell them the kind of help you need. How have your sales been impacted? Ensure you have a full understanding of your sales, costs, and expected net income. Establish a policy so it’s handled uniformly, then communicate it to everyone. HUMAN RESOURCES.

Cash Flow Forecasting

Focus CFO

DECEMBER 6, 2021

Turning Goals into a Strategic Plan. A long to-do list or a list of goals is not a strategic plan. Businesses that set goals and try to hit them without an overarching strategic plan can end up wasting resources, pulling their teams in too many directions, and thwarting their own expansion efforts.

Financial Planning and Analysis (FP&A)

Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. Use these insights to make necessary changes to spending so cash flow remains strong even during periods of slow sales.

Strategic Planning

PYMNTS

JULY 7, 2020

A VAT is levied on a product whenever value is added at each stage of the supply chain, from production to sale. We want things now, and we want them from everywhere,” she said, noting firms that want to sell across borders have to take VAT, tariffs and other costs of doing business into their strategic plans.

Sales

VCFO

NOVEMBER 1, 2023

A review of revenue will often involve examining sales performance. By nature, most salespeople will do exactly what they are incentivized to do (which is why a well-designed sales compensation plan is so important). Year-end sales or special offers to past customers for that product might do the trick.

Finance

Fpanda Club

APRIL 18, 2022

To perform these functions marketing, as a discipline, possesses a wide range of tools and techniques that can be used to analyze data, verify hypotheses and communicate information. SWOT SWOT stands for the analytical tool to uncover Strengths, Weaknesses, Opportunities and Threats and is frequently used in strategic planning exercises.

Financial Planning and Analysis (FP&A)

Future CFO

FEBRUARY 9, 2023

Reflecting on the recent surge in digital transformation within the insurance sector, Boon Boon Lim , head of finance for QBE Malaysia and head of finance operations for QBE Asia, added: “Our business landscape necessitates strong digital infrastructure and capabilities to work, partner and communicate effectively.

Finance

Centage

AUGUST 15, 2022

Managers can then run scenarios with the drivers to improve long-term strategic planning. To that end, companies should do what they can to encourage communication and cooperation across departments. With driver-based planning, companies can limit interdepartmental budget issues by focusing on the big picture.

Budgeting

CFO Simplified

FEBRUARY 13, 2022

Strategically plan for the company’s future . Read our blog, “ Succession Planning: How to prepare to exit your business ” for more information about why planning years in advance (not months) is crucial for a successful transition to retirement. . Your CFO plays a large role in preparing your business for a sale.

CFO

PYMNTS

SEPTEMBER 4, 2020

As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives. The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering.

B2B

Spreadym

NOVEMBER 8, 2023

Communication: Effective communication is essential, both in terms of sharing information and collaborating on the budget, as well as in reporting on budget performance throughout the year. This can lead to more effective strategic planning.

Budgeting

VCFO

JULY 23, 2024

Finding Success as an Aerospace & Defense Supplier Analyst outlooks for the Aerospace and Defense (A&D) industry point to significant, continued growth as strong travel and communication demand fuel the commercial sector, and a changing military landscape feeds more defense spending. Don’t be Passive, be Proactive.

Compliance

Focus CFO

MARCH 3, 2022

However, with guidance and strategic planning led by an experienced CFO, organizations will be well equipped to weather the storm. . It all boils down to data-driven analysis, scenario planning, communication, collaboration, and—just as important—coordination. Elevate scenario planning . LEARN MORE. 855-236-0600.

CFO

Centage

OCTOBER 9, 2023

Aligning planning and budget is a crucial step to achieving your company’s goals and objectives. The relationship between strategic planning and budgeting Your strategic plan is the vision for your company. Detailed financial plans set your organizational goals.

Budgeting

CFO Simplified

JANUARY 9, 2022

Banks do not know how your specific business has been affected, therefore communication is key. Arrange for a meeting to discuss your plans, your concerns and tell them the kind of help that you’re going to need to get this process started. . Plan on telling your bank: How your business has changed – how your sales have been impacted.

Cash Flow Forecasting

Trade Credit & Liquidity Management

APRIL 30, 2025

Senior management has given you ambitious goals: collect in line with the company’s aggressive annual cash forecast, resulting in a reduced Days Sales Outstanding (DSO), improved cash flow, and bad debts below a razor-thin threshold. Why Planning Beats Just Doing It’s tempting to charge ahead, especially when the pressure is on.

Forecasting

PYMNTS

DECEMBER 3, 2020

Knowing the unique constraints the industry is facing this peak season, we worked with our carriers early on to collectively build a strategic plan of execution.”. The problems will undoubtedly be magnified as the record-setting Thanksgiving weekend eCommerce sales work their way (or don’t) through the system.

eCommerce

VCFO

MARCH 17, 2023

How much is being charged to cost of sales? What is the percentage of the cost of sales to revenue? direct labor and absorption rate – fixed, variable, and semi-variable overhead expenses), and All costs associated with preparing goods for sale (e.g., How much inventory is being carried on the balance sheet?

Manufacturing

Planful

AUGUST 22, 2017

For example, driver-based planning can be useful in the long-range strategic planning process, where Finance executives need to project long-term trends for revenues and costs. Sales volumes in units. Sales volumes in units. Average sales price per unit. Advantages of Driver-Based Planning.

Planning

CFO Simplified

APRIL 15, 2022

Sales – $3,500,000. As the company grew, staff was added, and responsibilities for project sales and completion was passed down to staff-level employees. Since sales were at a fixed price, soft specifications resulted in missed communications and unending projects with no increase in revenue. Sales Efforts.

Sales

PYMNTS

DECEMBER 3, 2020

Knowing the unique constraints the industry is facing this peak season, we worked with our carriers early on to collectively build a strategic plan of execution.”. The problems will undoubtedly be magnified as the record-setting Thanksgiving weekend eCommerce sales work their way (or don’t) through the system.

eCommerce

Spreadym

JUNE 27, 2023

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A)

Spreadym

JUNE 2, 2023

Key features and benefits of rolling forecasts Implementing rolling forecasts requires effective data management, robust forecasting methodologies, and clear communication across the organization. For example, if sales volume is a critical driver, any updates or changes in projected sales volume will be incorporated into the rolling forecast.

Forecasting

Spreadym

JUNE 15, 2023

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

Planning

CFO Simplified

DECEMBER 12, 2021

Leaders in finance are most successful when they have skills in communication, quantitative analysis, financial planning, and team building. CFOs are part of the company’s internal finance team just as bankers, and CPAs, are part of the company’s external finance team.

Accounting

Spreadym

JUNE 8, 2023

A plan typically covers a longer time horizon, such as three to five years, and encompasses various aspects of the business, including sales, marketing, operations, and human resources. This helps track progress towards financial goals, identify areas for improvement, and communicate financial results to stakeholders.

Forecasting

CFO Talks

MARCH 19, 2024

By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. This might involve enhancing digital finance capabilities or adopting sustainable business practices.

CFO

The Charity CFO

MARCH 22, 2024

After choosing KPIs and their benchmarks, you can start incorporating data insights into strategic planning. Using data insights from the ads, you can determine which was more effective for increasing ticket sales or donations. In addition to identifying KPIs, you’ll need to establish benchmarks for success.

Nonprofit

VCFO

NOVEMBER 18, 2021

What is a Merger & Acquisition Integration Plan? They should always be adequately addressed in the plan. Each category should have key people, metrics, milestones, merger contingency plans and timelines assigned to them. Sales force integration. Pitfalls in Merger Integration Planning Process.

Mergers and Acquisitions (M&A)

Jedox Finance

NOVEMBER 18, 2021

What does maximum maturity mean in the 5-step Gartner Sales & Operations Model and how do you get there? We will also show you the associated analyses and the step-by-step development to a maximum value-oriented Sales and Operations Planning in Stage 5 of maturity. Stage 2 – operational sales planning.

Forecasting

Centage

JULY 12, 2022

Kate Drenckhahn is Centage’s Senior Product Manager focused on the strategic planning and execution of new and existing Planning Maestro functionality. Kate brings a strong background in the application development lifecycle with over 20 years of professional experience in Fintech and SaaS delivery to the Centage product team.

Compliance

Jedox Finance

AUGUST 23, 2022

The results are a higher transparency within the company, higher relevance and quality of the planning results as well as increased efficiency across the organization. The classical planning approach in comparison. The classic planning approach is functionally controlled and linear. Develop a plan with clearly defined goals.

Planning

CFO Talks

OCTOBER 10, 2022

Let’s talk about Higher Health, you were there for a few years, it’s an NGO, which I imagine would be worlds apart from a private sector business because Higher Health is linked to the Department of Higher Education and Training and most of the funding came from this department, and now suddenly you need sales to make ends meet.

CFO

Future CFO

JUNE 16, 2025

For this matter, automation has taken the spotlight to allow organisation heads to zoom out and look at the big picture, making way for more strategic planning to thrive amid the unending shifts in the market. Consolidating data Digital tools have become essential for finance teams that want to move fast without compromising accuracy.

Profit and Loss

Planful

OCTOBER 25, 2016

One of the other panelists also commented on this, highlighting that one of his areas of focus is ensuring that incentive compensation drives the sales team to balance its focus between servicing existing customers and acquiring new customers. How can Finance minimize and mitigate risk in the business?

Risk Management

Spreadym

JUNE 19, 2023

This forecast serves as a baseline for monitoring and planning your cash flow. Monitor Cash Inflows: Track all sources of cash inflows, such as sales revenue, investments, loans, or other income. monthly, quarterly, or annually). Optimize Cash Flow: Identify opportunities to enhance your cash flow.

Cash Flow Forecasting