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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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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. As the outlook for the 2023 economy becomes more uncertain, finance professionals are looking to invest in technology that increases organizational efficiency and contributes to strategic decision-making.

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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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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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3 FP&A Trends Shaping Our Digital Economy

Planful

By staying on top of current FP&A trends. In 2021, that means examining how agility, cloud technology, and microplanning are redefining FP&A. Agile financial planning can help during times like these. Many finance leaders understand the importance of agile planning. JPMorgan Chase lost $3.1