E78 Partners

FEBRUARY 26, 2025

Implement driver-based forecasting that links operational metrics to financial outcomes. Ensure FP&A leaders participate in performance reviews, business health assessments, and financial insights to enable more informed decision-making. Learn how leveraging financial analytics improves decision-making 3.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Cash Flow Forecasting Forecasting Financial Modeling 59

The Finance Weekly

FEBRUARY 22, 2025

Did you know that 47% of businesses still rely on spreadsheets for financial planning, despite the risks of errors and inefficiencies? Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

CFO Talks

FEBRUARY 5, 2025

A business unit budget is a financial plan that outlines how much money a department expects to earn and spend. Whether its the sales team, marketing department, or operations unit, having a clear budget ensures that each area of the business runs smoothly and efficiently. Are sales likely to grow or slow down?

Budgeting 52

Budgeting SAP Financial Data Planning 52

The Finance Weekly

FEBRUARY 26, 2025

Built with a spreadsheet-style interface, it provides businesses with a centralized financial planning solution, reducing reliance on manual data entry while enhancing automation and accuracy. Prophix is best suited for mid-sized and large enterprises that require a scalable, cloud-based financial solution. Who Its Meant For?

Financial Planning and Analysis (FP&A) 52

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

CFO Talks

NOVEMBER 27, 2024

Review existing data: Look at your company’s historical trends, current financial data, and market research. Even if the data isn’t perfect, it can give you a starting point. For example, what happens if sales drop 10%, 20%, or 50%? Use visuals, like charts or dashboards, to explain financial data.

CFO 52

CFO Budgeting Forecasting Communication 52

Future CFO

SEPTEMBER 26, 2024

This is in the aim of producing timely financial data and other outputs, such as visualisations. Interpersonal skills are also important, as analysts and modelers can be tasked with communicating complex financial data to colleagues in other functions or locations, or with quickly educating senior leaders.

Forecasting 52

Forecasting Planning Budgeting Financial Data 52

CFO Talks

OCTOBER 23, 2024

Forecasting Tools, choosing the Right Fit for Your Business As a CFO, you know that forecasting is crucial to business success. Whether you’re anticipating future cash flows, preparing for market shifts, or managing your company’s resources, having the right forecasting tool can make all the difference.

Forecasting 52

Forecasting Cash Flow Forecasting CFO Financial Data 52

PYMNTS

DECEMBER 14, 2020

Managing financial data across a vast array of platforms, including accounts payable, accounts receivable, accounting and ERP systems, creates a challenging environment in which to understand cash positions and forecast cash inflows and outflows. Many Moving Parts. That's error-prone, very static, and takes a lot of time.".

Accounts Payable 123

Accounts Payable Cash Flow Forecasting Invoicing Prioritization 123

CFO Talks

FEBRUARY 20, 2025

The real value lies not in reporting the past but in questioning, interpreting, and challenging financial data to drive better decisions for the future. Financial reports are produced the same way they have always been. Financial professionals must develop strong analytical skills to extract meaningful insights from data.

Numbers 52

Numbers Financial Analysis Financial Analyst Financial Data 52

Collectiv

AUGUST 18, 2022

To succeed in a highly competitive business landscape, enterprises need a robust financial planning and forecasting strategy. Why Planning and Forecasting are Critical for Enterprises. Financial planning and forecasting go far beyond just day-to-day budgeting. You don’t have the right team in place.

Financial Planning and Analysis (FP&A) 52

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

CFO Share

MARCH 23, 2021

A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar year forecast, a rolling 12-month forecast adds one month to the forecast period each time a month is closed so that you are continuously forecasting for 12 months.

Forecasting 52

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

Spreadym

SEPTEMBER 19, 2023

Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. They are meant to provide a current and dynamic view of expected financial performance.

Forecasting 59

Forecasting Budgeting Cash Flow Forecasting Benchmarking 59

Centage

SEPTEMBER 13, 2022

During turbulent times, your business can forecast and do scenario planning for the future with our forecasting and scenario planning tools at Centage. What Is Financial Forecasting? These trends can tell you more about what your business’s financial status may be in the future.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

Centage

JULY 26, 2022

To survive and thrive in the current corporate environment, you need to have more financial data than the competition. The goal is to gather the necessary information to forecast your cash flow quickly, correctly, and frequently. However, you can also create a cash flow forecast that covers weeks or months.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Data Analysis 52

Trade Credit & Liquidity Management

JUNE 9, 2025

AI-powered tools can automatically extract, organize, and interpret vast amounts of a customer’s financial data from complex documents, thereby reducing manual effort and minimizing errors. 1.81 < Z < 2.99 : "Gray zone"—some risk, but bankruptcy is not imminent.

Manufacturing 52

Manufacturing Leverage Credit Risk Risk Management 52

Navigator SAP

FEBRUARY 17, 2022

Adding ERP in finance departments is very popular for good reason, as the system consolidates financial data automatically and generates reports quickly and simply, regardless of file type and without any need to crosscheck and rekey data. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

CFO Share

MAY 10, 2024

In fact, I never forecast cash flow without bookkeeping help – their insights are too valuable to ignore. By leveraging the detailed financial data they maintain, you can create a 13-week cash flow forecast that provides valuable insights into your upcoming cash obligations and helps you make better-informed decisions.

Forecasting 52

Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. If you want to forecast your financial future, start by looking back at past performance. Set the past as your baseline to predict the future.

Strategic Planning 98

Strategic Planning Planning Cash Flow Forecasting Forecasting 98

Collectiv

MAY 22, 2023

We live in a data-driven world. Accurate and timely business intelligence (BI) is critical to effective planning and forecasting. But organizations face many challenges in their data journey because every facet requires specialized knowledge and expertise to devise the best solution. Collectiv is like a BI Swiss Army knife.

Forecasting 52

Forecasting Planning Healthcare Sales 52

https://trustedcfosolutions.com/feed/

FEBRUARY 18, 2022

Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. Proper control allows your office to collect, calculate, and present financial data according to regulatory rules.

GAAP 116

GAAP IFRS Compliance Accounting 116

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

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Forecasting 52

Forecasting Budgeting Planning Risk Management 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. Why Businesses Use Spreadsheets for Financial Forecasting. Risk of Errors. Limited Visibility.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

Centage

DECEMBER 15, 2022

That means a company’s functional heads – VP of Sales, Customer Care, Operations – also need the ability to run reports that monitor how their departments are performing. But before anyone can examine the data, finance teams must close their books each month. Enter Modern Financial Reporting. a 4 + 8 comparison).

Financial Reporting 98

Financial Reporting Financial Planning and Analysis (FP&A) Profit and Loss Forecasting 98

Centage

JANUARY 17, 2023

Minor changes in pricing, sales and so forth result in a few differences between what was planned for and the actual results. If sales have dropped dramatically, or costs have skyrocketed, it’s critical to the health of the business to understand why that happened. More importantly, why did that sale not come in when expected?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

CFO Talks

SEPTEMBER 28, 2024

To translate financial performance into actionable results, start by understanding the key drivers behind your financial data. Are sales up because of a successful marketing campaign, or did operational efficiencies boost your bottom line? Create a narrative for your financial results each quarter.

Communication 98

Communication CFO Numbers Leverage 98

Jedox Finance

APRIL 8, 2021

It also needs to be based on insights from data. Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). we may need to integrate the financial data with data from the CRM. an approved budget).

Data Analysis 89

Data Analysis Forecasting Analyzing Data Budgeting 89

The CFO College

AUGUST 31, 2021

Using a rolling cash forecast is a value-add service you can provide to assist in cash forecasting. A rolling cash forecast will normally look forward 6 or 9 months, and each month the oldest month is removed and a new month added. The rolling cash forecast is one of many CFO-level skills we teach in our program.

Startups 81

Startups Accounting General Ledger Forecasting 81

Jedox Finance

JANUARY 23, 2020

With that approach, department managers such as sales, HR, and operations had to create their own subset or personal interpretation of the financial plan. Collection of organization-wide financial and non-financial data. Measurement of success and re-forecasting. Analysis and calculation of major KPIs.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

CFO Leadership

JANUARY 5, 2024

Businesses can use it to generate product descriptions, performance goals with employee-specific target metrics, and narrative reporting to accompany financial data. Organizations can’t create forecasts or chart scenarios for the business without an accurate view into their cash position.

CFO 97

CFO Invoicing Cash Management Leadership 97

Centage

JANUARY 3, 2024

As we ring in a new year and brace for all of the opportunities and challenges it will bring, one resolution should be near the top of the list for finance professionals: embracing flexible financial forecasting to future-proof your annual budget. Financial forecasting gives businesses the agility to adapt to changing conditions.

Forecasting 40

Forecasting Financial Planning and Analysis (FP&A) Budgeting General Ledger 40

PYMNTS

NOVEMBER 13, 2018

So, even when they receive an instant payment, as soon as it’s received, it’s already historical data.” ” It may be no surprise, then, that a lack of adequate cash flow forecasting and management solutions may be contributing to small businesses’ negative perception of their banks. In the U.S.,

Cash Flow Forecasting 73

Cash Flow Forecasting Accounting Banking Forecasting 73

Centage

SEPTEMBER 11, 2023

Gather the Data. Collect your company’s financial data, including the budgeted and the actual figures for the same timeframe. Develop a plan to address the variances in your financial forecasting. Our cloud platform, Planning Maestro , makes sophisticated budgeting , planning , and forecasting easy and accessible.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

Planful

MARCH 16, 2016

This makes it difficult for companies to have confidence in their financial forecasts and models, resulting in a weakened ability to inform business decisions. The cloud also makes it easy to integrate operational and financial data, which increases accuracy and ensures forecasts are aligned with company goals.

Forecasting 40

Forecasting Financial Data Financial Modeling Budgeting 40

Centage

NOVEMBER 21, 2022

We focus on business automation within the Finance, HR, Marketing & Sales, and IT departments in a company. We all know that most finance and accounting departments are working weekends during the Budgeting, Planning & Forecasting cycles. What is your primary focus/specialty, and why? Who are some of your notable clients?

Problem Solving 98

Problem Solving Budgeting Pharmaceutical Forecasting 98

Jedox Finance

SEPTEMBER 3, 2020

The room for poor assumptions and missed forecasts shrank. In the old world, fragmented data, disconnected systems, and manual processes made this difficult, if not impossible. Cloud scenario planning platforms can now capture financial data and sub-ledger transactions in real time to provide constant feedback on cost and revenue.

Forecasting 81

Forecasting CFO Planning Budgeting 81