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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Along with material costs, finance teams need to consider factors such as labor, storage, equipment depreciation, shipping, and rent or mortgage payments. Don’t be tempted to stop at only one or two of them.

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FP&A Survey Results – Finance Trends and Predictions for 2022

Centage

Centage was created with a simple mission in mind – to empower modern finance professionals with everything they need to help their companies succeed and grow. In creating our financial planning and analysis (FP&A) solution, we gain valuable insight from a wide range of industry experts, including mid-market CFOs and finance leaders.

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Planful vs. Datarails

The Finance Weekly

Planful and Datarails are two of the leading FP&A solutions in 2023. Planful is an FP&A solution that was built for large companies and enterprises. Planful has a great AI feature called Planful Predict and it is a big selling point in 2023.

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The Case for Data Integrations in FP&A Platforms

Centage

Talented finance team members want to provide strategic guidance to business leaders, not spend their days entering data. The Ideal: In today’s dynamic business environment, executives want “living” budgets that are updated with real-time data and actuals as they occur. Static reports can’t meet this need.

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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Along with material costs, finance teams need to consider factors such as labor, storage, equipment depreciation, shipping, and rent or mortgage payments. Don’t be tempted to stop at only one or two of them.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. AI is a tool and not a replacement for finance professionals.

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Three Tips to Increase Profit Margins During Times of Uncertainty

Centage

In fact, a 2022 TransUnion Consumer Pulse Study revealed that 48 percent of consumers were concerned about their ability to fulfill financial requirements. With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. Three Ways to Increase Profit Margins: 1.