Remove Economics Remove Financial Modeling Remove Prioritization Remove Risk Management
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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. By embracing their expanded role, CFOs can not only safeguard their companies’ financial health but also chart a course for long-term success and resilience.

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What-if analysis or why is it important for good financial planning software?

Spreadym

Risk Management: What-if analysis is also useful in risk management. By simulating various scenarios, you can evaluate the potential consequences of risks and uncertainties on your finances or business operations. For example, you can assess the financial impact of economic downturn or supply chain disruption.

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How To Accelerate Client Growth As An Advice-Only Firm

CFO News Room

And so, they’re always getting the economic updates, or the things that we’re thinking throughout the year. So, I always say like I said, that nobody needs to decide on any kind of maintenance model in any given year. Mindy: I mean, a lot of times they’ll say stuff like, “Time to prioritize this.”

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