VCFO

JULY 8, 2022

While each workplan analysis is performed independently, the team looks at the overlapping functions, processes, and deliverables to deliver a comprehensive assessment with cross-departmental recommendations. The process itself is comprised of three steps: data collection, data analysis and visualization, and findings review.

Data Analysis 81

Data Analysis CFO Education Investments 81

PYMNTS

SEPTEMBER 27, 2019

Data: 1,800: Number of Chipotle locations testing AI voice ordering. 21: Number of basis points by which Yapstone has seen fraud decline due to data analysis. 4: Number of years Devin Wenig led eBay. 18 months: Window of time in which AI-based fraud-fighting solutions pushed into the mainstream. $9:

Data Analysis 59

Data Analysis Invoicing Numbers Securities 59

Spreadym

FEBRUARY 26, 2023

A business performance management system exists for further analysis of how a company grows and develops compared with strategy and current operational plans and financial budgets. From Excel to EPM System Excel allows users to collect data with various resources for on-request data analysis.

Budgeting 52

Budgeting SAP Data Analysis Financial Analysis 52

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) 52

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Numbers 52

Centage

APRIL 6, 2022

The plan must identify critical drivers to meet those goals, e.g. unit price, number of units sold, number of salespeople needed to meet that objective, along with marketing investments required to support the sales team and so on. Sensitivity Analysis. Number of variables. The numbers and/or the plan.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 98

Centage

AUGUST 15, 2022

If your data is less than pristine, it can have a significant trickle-down impact on your business and ultimately hurt your bottom line. By incorporating a driver-based approach, you empower your financial leaders to focus on the data that matters while ensuring the numbers you have are accurate.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

Barry Ritholtz

DECEMBER 8, 2023

That is a significant number to recall whenever people posit we either are in, or just were in, or are about to tumble into a recession. Hence, in the fullness of the data, 199k out of the net sum between ~4 millionish versus ~4 millionish out of a total of 157 million is more or less a rounding error. This is not a popular opinion.

Numbers 103

Numbers Accounting Data Analysis 103

CFO News Room

JANUARY 7, 2023

Mean reversion : I am not a knee-jerk believer in mean reversion, but the tendency for numbers to move back towards averages is a strong one. That said, to use mean reversion in analysis or investing, you need to know what these averages are, either over time or across companies, and data can help in that pursuit. .

Marketing 130

Marketing Valuation Corporate Finance Financial Analysis 130

CFO Leadership

MAY 31, 2023

Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management. Inflation moved down to the third-ranked impact, tied with the US regulatory environment at 13%. That’s up nearly ten percentage points last quarter.

Prioritization 52

Prioritization Technology Leadership CFO 52

Centage

MAY 23, 2022

Rolling budgets come with a number of advantages, including the ability to better predict outcomes and plan for where your company is headed. Fortunately, software tools can help minimize the time and resources required, helping companies get the data they need with less frustration. What’s a Rolling Forecast?

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Budgeting Data Analysis 98

Centage

OCTOBER 3, 2022

Excel is an easy-to-use platform for inputting numbers and getting results with simple formulas. While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. To conduct financial data analysis, your business needs to test various hypothetical scenarios.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Centage

SEPTEMBER 7, 2021

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. After a number of phone calls and emails, and possibly even several days, you finally have the data you need to make decisions.

Finance 52

Finance Data Analysis Forecasting Budgeting 52

Centage

SEPTEMBER 5, 2023

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.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Future CFO

MARCH 21, 2022

An essential skill for every finance professional is the ability to tell the story behind the numbers, according to Keith Chan , chief financial and technology officer at McDonald’s Hong Kong. Visualisation of big data enables ‘speed-to-insights’ of management as people prefer visuals to hard numbers. Keith Chan.

Data Analysis 52

Data Analysis Leverage Leadership Finance 52

PYMNTS

OCTOBER 15, 2020

Such numbers have impressed PayPal and other investors, who joined a $40 million Series B funding round that Extend announced on Thursday (Oct. Instead, the company can look up a receipt using a phone number or email address, and its claims bot (known as “Kaley”) handles 98 percent of claims in under 45 seconds.

Investments 133

Investments Manufacturing Data Analysis Startups 133

PYMNTS

JANUARY 2, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. That means accountants will be expected to become business advisers, not just number checkers.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

The Finance Weekly

JANUARY 21, 2024

You’ll need to first find the data, export the information needed, and then dump it into Excel. With the little time you have to spare, you’ll do your best to validate the numbers, scrub them as necessary, and present the information the best way you can. Are there companies in this space solving this problem?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Embark With Us

JANUARY 19, 2022

In fact, we probably buried the lede on this one since, if we're to distill Alteryx into a single catchy tagline, it would be something like "unlock the power of your data. To borrow a metaphor from The Economist , that data, genuine BI, is "the oil of the digital era." Financial Reporting.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions.

B2C 92

B2C Education Data Analysis Risk Management 92

Centage

MARCH 14, 2023

Automating the process allows your finance team to better control expenses across different operational centers, shifts and products, adjust payroll numbers for high turnover departments, and even budget at an individual employee level to see the cash flow implications of each employee’s taxes and benefits throughout the year.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 98

PYMNTS

JUNE 1, 2020

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Reconciliations 52

Reconciliations Data Analysis Compliance Accounting Firms 52

Centage

MAY 3, 2022

Planning Maestro helps present financial performance data and business insights in reports that are professional and easy to understand. This transforms data into useful information that helps to accelerate business decisions.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 98

Centage

SEPTEMBER 20, 2022

Increase communication across the company to keep your FP&A process nimble A record number of businesses began operating remotely during the pandemic, and many continue to do so today out of either convenience or necessity. Make adjustments as information comes in or adjust goals over the long term to better reflect the changing reality.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Forecasting Budgeting Planning 98

Centage

SEPTEMBER 6, 2022

Excel does not have audit trail capabilities, so it is difficult to prevent fraud as numbers, and other financial data can easily be changed by any user. Without separation of duties or an audit that can track who has had access to the data, fraud can occur.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

Centage

JUNE 7, 2022

Master the Art of Analytics Of course, input is always better received when there’s data behind it. As a CFO, you can better achieve your goals by focusing on numbers and analytics. Before sitting down with CEOs and other decision makers, do your homework to ensure you have the data to back up your recommendations.

CFO 97

CFO Forecasting Budgeting Data Analysis 97

Centage

OCTOBER 28, 2021

Working with accurate, complete data is incredibly important. Cash flow forecasting software can easily produce reporting on historical numbers to simplify this step and ensure you are working with all the pertinent information. #3. But don’t rely only on spreadsheets alone to get the job done.

Cash Flow Forecasting 90

Cash Flow Forecasting Forecasting Budgeting Data Analysis 90

Jedox Finance

JANUARY 23, 2020

EPM bridges the gap between these different planning silos and supports planning, analysis and reporting of business results, KPIs and more. Collection of organization-wide financial and non-financial data. Analysis and calculation of major KPIs. We can look at this as a process: . Target setting for select business drivers.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

Future CFO

MARCH 2, 2023

how functions can strengthen semantic models to improve data quality and transparency how can technology expand the number of teams performing judgment-based activities versus manual activities how autonomous technology in finance can improve business performance by minimising the burden of data analysis and decision making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology Finance Forecasting 52

PYMNTS

OCTOBER 16, 2020

Fast-food giant McDonald’s was not interested in using AI or data analytics until it noticed that many of its competitors were benefiting from the technologies. This revelation prompted the company to launch several innovations, including digital menus that change based on real-time data analysis.

Leverage 109

Leverage Data Analysis Sales Securities 109

PYMNTS

DECEMBER 16, 2020

The move comes at an interesting time for car buying, as the pandemic and digital shift have seen record numbers of people going online and buying vehicles they’ve never actually seen in person. That can be overwhelming for even an experienced data professional trained to identify patterns to comprehend,” the publication said.

Sales 97

Sales Planning Problem Solving Data Analysis 97

The Finance Weekly

NOVEMBER 7, 2023

Collecting and Organizing Data One big problem for FP&A teams is the difficulty of getting data from different places. Doing it this way takes a lot of time and makes mistakes more likely, which can make the data analysis less reliable. This makes the data more accurate and easier to access.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Strategic Planning Concentration Data Analysis 59

The Charity CFO

AUGUST 7, 2023

Enhanced Data Analysis and Decision Making Tired of number crunching? The programs can automatically flag valuable insights from large data sets that may have otherwise gone unnoticed. Key Benefits of AI for Nonprofits The benefits of AI can be as varied as your imagination.

Nonprofit 52

Nonprofit CFO Communication Data Analysis 52

Centage

NOVEMBER 9, 2021

Finance professionals must now consider new office related expenses, headcount attrition and additions tied to an increasingly number of remote working opportunities, a new headcount landscape with more candidates for new roles but also new opportunities for existing staff and the overall complexities of navigating a remote/hybrid workforce.

Planning 93

Planning Financial Planning and Analysis (FP&A) Budgeting Forecasting 93

Centage

MARCH 15, 2022

Stick to Four Scenarios After collecting data and input from multiple sources, you may be tempted to create dozens of scenarios. After all, you can’t effectively plan for an infinite number of possible scenarios. However, experts advise limiting potential outcomes so you don’t get overwhelmed.

Planning 98

Planning Forecasting Budgeting Prioritization 98

Centage

MARCH 2, 2022

For example, in October 2014, the number of outstanding shares of Tibco Software was misstated because of one small spreadsheet error. Each of these drawbacks contributes to a lack of efficiency, accuracy, and coordination. Not to mention, you can make embarrassing and costly errors.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

Barry Ritholtz

APRIL 12, 2023

prior month), the big number is not so big: 5.0% Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment. April 2023 ) As much as I want to jump up and down about 0.1% seasonally adjusted (after a 0.4% A 5 handle is a huge development, even with the core remaining slightly elevated.

Numbers 140

Numbers Data Analysis 140

PYMNTS

FEBRUARY 13, 2020

“Fortunately, advances in big data computation now allow us to actually do more with less, by allowing us to draw inferences from relevant data in ways that mitigate concerns associated with privacy,” she said. Theoretically – but not actually. . But, she added, a heavy lift is not necessarily impossible. “I

Securities 98

Securities Data Analysis Numbers Technology 98