Centage

OCTOBER 17, 2022

If you want to forecast your financial future, start by looking back at past performance. At minimum, companies should examine three years of data with a focus on sales, costs related to sales, historical depreciation, and taxes, among other factors. Assess your risk tolerance using cash flow forecasts for each scenario.

Strategic Planning 52

Strategic Planning Planning Cash Flow Forecasting Budgeting 52

Jedox Finance

SEPTEMBER 10, 2020

For dynamic forecasting to work effectively, CFOs need a scenario and modeling platform that supports real-time data updates. It combines financial data, customer, and sales data with operational data at scale. No one knows which of the many scenarios on how recession and recovery will play out.

CFO 69

CFO Forecasting Budgeting Financial Modeling 69

Future CFO

AUGUST 6, 2020

For dynamic forecasting to work, CFOs need a scenario and modelling platform that supports real-time data updates. It combines financial data, customer, and sales data with operational data – at scale. No one knows which of the many scenarios on how recession and recovery will play out.

CFO 40

CFO Forecasting Budgeting Financial Modeling 40

CFO Share

MARCH 23, 2021

Budgeting and forecasting are best practices in small business financial modeling. The 12-month (or sometimes 24-month) rolling forecast is the most important financial planning tool for your business. Here’s the advantages of a rolling forecast model. Examples of tests include: What happens if we increase sales 1000%?

Forecasting 52

Forecasting Financial Planning and Analysis (FP&A) Budgeting Cash Flow Forecasting 52

Planful

AUGUST 30, 2016

Here, I was expecting Finance Transformation to be the top response, but was pleased to see Financial Modeling coming in as the top initiative at 49% of responses. This was followed closely by Forecasting with Predictive Analytics (26%), then Financial Transformation (41%). 28% – Use of Big Data or Non-Financial Data.

Finance 40

Finance Budgeting Forecasting Planning 40

Centage

SEPTEMBER 14, 2021

Compounded over many rows, even a simple mistake can lead to faulty financial data. Large or small business that use spreadsheets are taking a risk: Boeing leaked employees’ personal data in a hidden spreadsheet column. Siloed financial data can lead to false assumptions because insight isn’t based on a complete picture.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Onplan

DECEMBER 16, 2021

In a previous blog , we defined strategic finance as “a way to turn what’s traditionally been a siloed set of processes and functions into a unified, integrated view of your financial performance that takes the entire organization’s perspective into consideration.”. The most talented FP&A pros are masters.

Financial Planning and Analysis (FP&A) 52

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

Onplan

DECEMBER 16, 2021

In a previous blog , we defined strategic finance as “a way to turn what’s traditionally been a siloed set of processes and functions into a unified, integrated view of your financial performance that takes the entire organization’s perspective into consideration.”. The most talented FP&A pros are masters.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

APRIL 13, 2024

Key Features Use of modern AI technologies Ease of use Financial forecasting Intuitive dashboard Stakeholder-friendly Financial statement templates Supports over 200 integrations, including essential tools like Quickbooks, Hubspot, Shopify, and OneDrive. Contact Their sales team for a custom quote.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

Centage

OCTOBER 3, 2022

Why Businesses Use Spreadsheets for Financial Forecasting Many small businesses start using Excel spreadsheets for bookkeeping and budgeting. With these spreadsheets, you can store, organize and analyze valuable data. For example, you may use spreadsheets to plan your fiscal year or maintain your client sales list.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

With these spreadsheets, you can store, organize and analyze valuable data. For example, you may use spreadsheets to plan your fiscal year or maintain your client sales list. With Excel’s computing and analytical features, you can identify trends and sort your data into relevant categories. Limited Visibility.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Planful

MAY 7, 2021

Automate the integration of HR, operational, and financial data from any HCM, CRM, or ERP to see the most accurate picture of your business. Categorize data with pre-established financial intelligence and logic, saving you countless hours. 2. The right platform enables high-frequency, data-driven decision-making.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Forecasting Finance 40

Planful

MARCH 16, 2016

The cloud also makes it easy to integrate operational and financial data, which increases accuracy and ensures forecasts are aligned with company goals. Advanced Modeling. Each department requires varying levels of detail in their financial models, and the dimensions will differ between departments.

Forecasting 40

Forecasting Financial Data Financial Modeling Budgeting 40