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This FP&A Factor will Cost US Businesses $7,800,000,000 in 2022

The Finance Weekly

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work. .

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When Is It OK to Prioritize Business Growth Over Business Debt?

Planful

In 2019, global corporate debt held by non-financial corporations reached over 75 trillion U.S. Planful’s Total Economic Impact study showed that the benefits of cloud-based services extend to financial planning and analysis (FP&A). But business debt isn’t always a bad thing.

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

Planful

And as the economic recovery continues and business operations slowly return to normal, the digital surge shows no signs of slowing down. 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. Essential Terms.