Remove Data Analysis Remove Forecasting Remove Planning Remove Profit and Loss
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The Challenges of Constant Change and the Need for Accurate Scenario Planning

Centage

Along with being agile and able to pivot on a dime, these businesses have the ability to make decisions and act on them with confidence, and that means mastering the art of scenario planning. The end result is improved forecasting when it comes to revenue, profitability, and cash flow.

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Making the Move: Cash Flow Forecasting Tips for Turbulent Times

Centage

With less cash to count on, knowing your cash flow position with cash flow forecasting has never been more important: how much is really in the bank, how much is available on short notice, what revenues are coming in when, and what resources are going out and when. We examine the reasons below.

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

Centage

Along with being agile and able to pivot on a dime, these businesses have the ability to make decisions and act on them with confidence, and that means mastering the art of scenario planning. . The end result is improved forecasting when it comes to revenue, profitability, and cash flow. Steps for Successful Scenario Planning.

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Financial Planning for Nonprofits – It’s Time to Arm Your Finance Team with Modern FP&A Tools to Thrive in a Post-Pandemic World

Centage

Building and managing an effective budget and plan can be daunting no matter what industry, but financial planning for nonprofits can be particularly difficult. For far too long, spreadsheet-based financial planning has been the standard. Reduce Costs & Minimize Risk – Scenario & Personnel Planning for the Win!

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How to Read a Budget vs Actual Report

Centage

Without a comparison between your forecasted income and expenses and your company’s actual income and expenses, you have no way of knowing whether you are on track, doing better than expected, or falling behind. It is an essential tool for protecting your company’s financial health and for making plans for the future.

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

AI can look at lots of data, find patterns, and predict risks. They can then plan and stop problems more actively. This encompassing approach involves handling financial, strategic, operational, and accidental loss-related risks. For example, it manages borrower’s credit data and spots early financial signs.

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

Planful

Consistent with their 2018 forecast, McKinsey’s late 2020 study found that organizations that invested more in digital than their competitors were twice as likely to report outsize revenue growth. Now is the time for CFOs at organizations of all sizes to lean on AI to plan, budget, and forecast with greater accuracy, speed, and confidence.