Remove Financial Data Remove Prioritization Remove Risk Management Remove Strategic Planning
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Contingency Planning: The Role of a CFO

CFO Simplified

This, however, does not necessarily mean that strategic planning is off the table. The fact of the matter is that every business is subject to some amount of risk. A proactive way for business owners to mitigate their risk is through contingency planning. Risk Management and Leadership.

CFO 98
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What is Financial Planning and Analysis (FP&A)?

Spreadym

FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making.

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What is the difference between planning, budgeting and forecasting for a business?

Spreadym

They help organizations anticipate potential risks, identify opportunities, and make informed decisions about resource allocation and strategic planning. Allocate financial resources to different departments or activities and establish controls to monitor spending, track variances, and take corrective actions as needed.