Remove Data Analysis Remove Financial Reporting Remove Forecasting Remove Numbers
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Address Today’s Dynamic Business Environment: Discover How Cloud-Based Financial Reporting Software Can Help You Make the Shift

Centage

While no one can predict what the market will do, accurate forecasts can help you anticipate impacts to sales, investments, and personnel. To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting.

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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. But times have changed – which is why financial forecasting is more important than your annual budget. More than half (57%) are producing P&L forecasts more often than monthly.

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

Centage

In conjunction with your other numbers, your gross profit margin can tell you if your products are profitable enough, if you need to increase sales or if your expenses, like sales costs, are too high. To get this number, subtract your expenses from your revenues to get your net profit. into the calculation.

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The Power of Business Intelligence for the Office of Finance

Centage

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.

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Best Practice Tips to Impress in the Role of CFO

Centage

Once upon a time the role of CFO was focused on backward-looking data. However, these days, chief financial officers do a great deal more than financial reporting. In some cases, the CFO is the only one poised to offer financial implications and realities, potentially preventing businesses from making expensive mistakes.

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Where Can FP&A Career Path Take You?

Fpanda Club

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.

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3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

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.