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Driver-based planning: the best of basics

Spreadym

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.

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Cash Flow Management: Key Steps

Spreadym

Effective cash flow management is crucial for the financial health and sustainability of a business. It involves several key components and strategies, including: Cash Flow Forecasting : Businesses need to project their future cash flows based on historical data, sales forecasts, and other relevant factors.

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OPEX in Financial Analysis

Spreadym

These expenses include items like salaries, rent, utilities, marketing expenses, administrative costs, and other overhead expenses required to maintain operations. OPEX in Financial Analysis Analyzing OPEX is essential because it provides insight into a company's operational efficiency and cost management.

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A look at Oracle’s Finance Modernization for banking solution

Future CFO

DOWNLOAD NOW. The post A look at Oracle’s Finance Modernization for banking solution appeared first on FutureCFO.

Finance 52
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CFOs predict net profit growth in 2023

Future CFO

Finance automation for profits The Q3/23 CFO survey found that finance automation has the potential to drive cost savings and profits, enabling faster strategic shifts to capitalise on rapidly changing market conditions. The survey also found that CFOs have confidence in their forecasting functions’ capabilities to deliver results for them.

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What it takes to be a leader with competence and capabilities

Future CFO

"Due to the fluidity of the situation, as a business, we had to dynamically manage operations and re-allocate resources to optimise the business outcome," she confided. Inflation and supply chain disruptions resulted in higher cost of doing business. Then there is the talent issue.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. Evaluating Expenses : Evaluate the expenses incurred by the nonprofit, such as program expenses, administrative costs, fundraising expenses, etc. cash, investments, receivables) and liabilities (e.g.,