Remove Data Analysis Remove Economics Remove Forecasting
article thumbnail

PodChats for FutureCFO: Becoming a transformative finance leader in 2025

Future CFO

Financial transformation has emerged as a critical imperative for organisations in 2024, driven by the need to adapt to rapidly changing economic conditions, technological advancements, and evolving business landscapes. CFOs are expected to manage financial risks and drive strategic growth initiatives.

Finance 98
article thumbnail

What You Need to Know: Rolling Budgeting, Rolling Financial Forecasting, and Mid-Year Forecasts

Centage

The current economic circumstances haven’t just resulted in financial uncertainty for millions of Americans. With rolling forecasts, businesses can gain better insight while aligning their sales and production goals with what’s actually happening from a financial perspective. What’s a Rolling Forecast? What’s a Rolling Budget?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. With these spreadsheets, you can store, organize and analyze valuable data.

article thumbnail

Business Budgeting and Forecasting Mistakes Finance Teams Face – And How to Combat Them

Centage

Your ability to provide expert guidance through your business budget and forecasting process will require you to have a deep understanding of your cash flow. After a significant slowdown in March 2020, economic activity has sprung back to life, and SMBs are bullish in their 2022 outlook. How will cash flow through your business?

article thumbnail

How global treasurers and CFOs should approach an erratic economy

Future CFO

Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. This is why nearly half of the surveyed treasurers describe cash forecasting as somewhat or extremely difficult.

article thumbnail

The Backbone of Sustainable Business Growth

CFO Plans

As companies in the financial services industry aim to navigate uncertain economic climates, creating a robust financial roadmap becomes essential. By implementing Data-Driven Financial Strategies , businesses can enhance their cash flow management, ensuring they have the necessary capital to support expansion efforts.

CFO 52
article thumbnail

The Challenges of Constant Change and the Need for Accurate Scenario Planning

Centage

As the country moves out of the crisis period and toward recovery, companies need to abandon earlier forecasting methods based on old information on customer demand. The end result is improved forecasting when it comes to revenue, profitability, and cash flow.