Centage

JUNE 7, 2022

Keep reading for best practices for impressing owners and employees alike as a new chief financial officer. Marry Finance With Strategy It’s not enough to provide accurate financial data. Master the Art of Analytics Of course, input is always better received when there’s data behind it.

CFO

Fpanda Club

SEPTEMBER 2, 2021

This is true in all possible economic situations: in times of growth FP&A participates in setting business objectives, analyzing options of growth, assessing market opportunities and risks, while in times of recession FP&A can contribute to corrective action plans, cost-cutting and other initiatives to preserve company’s financial health.

Financial Planning and Analysis (FP&A)

Global Finance

SEPTEMBER 9, 2024

That said, AI and ML systems answer corporate treasurers’ continuing need for better ways to extract meaning from the numbers. By tapping into advanced analytical tools, treasury teams can uncover far deeper insights from their increasingly vast volumes of financial data.”

Treasury

Future CFO

JULY 21, 2024

Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field." While we need accountants with a strong foundation in accounting principles, data analysis skills, business acumen, we also need them to have a willingness to adapt to constant change.

Finance

Centage

JULY 25, 2023

Otherwise, you risk sharing incorrect financial data. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Fortunately, Planning Maestro offers cloud budgeting and planning software that simplifies the financial consolidation process.

Budgeting

Centage

JANUARY 18, 2022

Confidence – Am I confident in the numbers coming out of the model? As each contributor enters financial information and transactional data, those inputs automatically ripple through the budget. That extends from the most meticulous operational details to the highest consolidated financial roll-ups.

Budgeting

Centage

SEPTEMBER 7, 2021

This is what only looking at traditional financial reporting is like. You can examine the numbers and look at what happened over the last month, or quarter, or year. But without digging into more underlying data, it’s difficult to get a complete picture on why. Which is why Business Intelligence is so important.

Finance

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. Excel is an easy-to-use platform for inputting numbers and getting results with simple formulas. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Limited Visibility.

Forecasting

Centage

JANUARY 19, 2024

The focus is on balancing a small number of internal departments and/or projects, ensuring that resources are allocated in a manner that aligns with organizational goals. Reducing reliance on manual data analysis and automating cost allocations significantly improves efficiency and speed.

Financial Planning and Analysis (FP&A)

Centage

SEPTEMBER 6, 2022

Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financial data. Bank reconciliation: Because employees can quickly modify or change numbers, you may run into false reconciliations.

Securities

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit

PYMNTS

SEPTEMBER 12, 2018

There is no shortage of FinTech firms that have emerged since the 2008 financial crisis aiming to facilitate access to small business capital, many of which target supplier and invoice financing specifically. As the industry grows, access to small business financial data is a critical component of risk mitigation and underwriting practices.

Finance

The Finance Weekly

DECEMBER 30, 2021

Based on the results of a number of successful transformation programs, a likely successful digital transformation journey can be outlined by adhering to three practical steps taken by a business: Financial analysis and planning systems’ review. Your Department’s Guide to A Successful New Year’s Resolution.

Financial Planning and Analysis (FP&A)

Future CFO

JUNE 3, 2024

Wood adds that the TCFD recommendations have already formed a mandate in a number of jurisdictions, leading many companies to align their measures accordingly. Cybersecurity threats pose significant financial and reputational risks to organisations, exacerbated by the growing data requirements for reporting," Wood notes.

Finance

The Finance Weekly

AUGUST 27, 2023

These tools are reshaping the financial landscape by simplifying operations and eradicating manual tasks. Predict: Projections This platform empowering business users to swiftly construct precise projections and budgetary possibilities supported by AI-fueled financial forecasting.

Financial Planning and Analysis (FP&A)

Planful

JANUARY 11, 2022

Consider how the State of Pennsylvania overpaid a school district by half a million dollars because the spreadsheet data supplied by the district inflated enrollment numbers. As data collection expands and an organization scales, this type of throw-more-people-at-it strategy is simply unsustainable.

Financial Planning and Analysis (FP&A)