article thumbnail

A Primer for finance managers to chart the sustainability journey in Asia

Future CFO

Sustainability refers to a broader concept of operating a business in a way that meets the economic, social, and environmental needs of the present without compromising the ability of future generations to meet their own needs. The overlap occurs when ESG functions as a tool within the broader context of sustainability.

Finance 98
article thumbnail

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

Centage

The end result is improved forecasting when it comes to revenue, profitability, and cash flow. Evaluating Business Assumptions In today’s economic climate, sticking to your preconceptions can have disastrous results. In fact, companies often suffer financial losses as a result of poor project planning.

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

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

Centage

The end result is improved forecasting when it comes to revenue, profitability, and cash flow. In today’s economic climate, sticking to your preconceptions can have disastrous results. In fact, companies often suffer financial losses as a result of poor project planning. Evaluating Business Assumptions.

article thumbnail

10 Tips CFOs Can Use to Put AI in Finance to Work Today

Planful

And as the economic recovery continues and business operations slowly return to normal, the digital surge shows no signs of slowing down. Research from the Wharton School of the University of Pennsylvania suggests that, since AI can lead companies to become more profitable, companies can then hire more employees.

article thumbnail

Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

In this post, I will start with a rationalization of why I do this data analysis every year, follow up with a description (geographic and sector) of the overall universe of companies that are in my analysis, list out the variables that I estimate and report, and conclude with a short caveat about 2020 data.

article thumbnail

Creating a sustainable future with ESG and finance

Jedox Finance

This is particularly evident when considering how ESG key performance indicators (KPIs) are closely related to aspects in a profit and loss (P&L) statement and significantly impact financial outcomes. For example, incorporating renewable energy sources can influence an organization’s energy costs, affecting P&L figures.

article thumbnail

Making the Move: Cash Flow Forecasting Tips for Turbulent Times

Centage

Limited What-If Analysis: the ability to explore the financial consequences of alternative business growth and funding strategies is critical, especially in fluid or volatile markets. It provides built-in financial intelligence and business rules ensuring absolute data integrity.