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

Spreadym

What-if analysis is a technique used in financial planning and decision-making business software to assess the potential outcomes of different scenarios or changes in variables. It involves evaluating the impact of various "what-if" situations on financial flows projections, business performance measures, or outcomes.

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

Centage

The current economic climate is causing profound challenges for business owners across industries. With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. By doing a profitability analysis, companies can identify specific areas in need of attention.

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Unleashing the Potential of Forecasting, Planning, and Analytics for a Successful 2024 

E78 Partners

In today’s ever-evolving business landscape, characterized by economic uncertainty and rapid changes, staying ahead of the curve has become crucial for organizations aiming to achieve sustainable success. This entails developing a well-crafted plan and budget for 2024, which serves as a critical foundation for success.

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

Centage

The current economic climate is causing profound challenges for business owners across industries. With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black. By doing a profitability analysis, companies can identify specific areas in need of attention.

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Efficiency First: Tech Trends for Finance Teams in 2023

The Finance Weekly

The humble spreadsheet remains an essential, if not critical, component of many financial operations. Although CFOs are optimistic about organizational growth in 2023, they see “cost control as their most urgent imperative” in the face of economic uncertainty, according to the , Grant Thorton 2022 Q3 CFO Survey.

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Three Tips to Increase Profit Margins During Times of Uncertainty

Centage

The current economic climate is causing profound challenges for business owners across industries. In fact, a 2022 TransUnion Consumer Pulse Study revealed that 48 percent of consumers were concerned about their ability to fulfill financial requirements. Three Ways to Increase Profit Margins: 1.

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Top 10 CFO Priorities for 2024

The Finance Weekly

As 2024 approaches, CFOs need to assess their 2023 achievements and plan for the coming year. Analyze the current economic situation, considering challenges such as inflation and rising interest rates. There's a significant demand for individuals proficient in data analysis, forecasting, and the associated technologies.