Remove Financial Planning and Analysis (FP&A) Remove Financial Reporting Remove Manufacturing
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10 Best Practices for FP&A

The Finance Weekly

Did you know that 35% of organizations identify data quality and timeliness as significant barriers to effective financial planning and analysis (FP&A)? Bad data, inaccessible information, and outdated processes make FP&A more difficult. Present financial data with clear charts for faster decision-making.

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Workday Adaptive Planning Reviews

The Finance Weekly

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.

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How CFOs can win the finance talent war with AI-assisted planning

CFO Dive

Deep Dive Opinion Library Events Press Releases Topics Subscribe Search Subscribe Search Strategy & Operations Financial Reporting Compliance Technology Treasury Risk Management Leadership An article from Sponsored How CFOs can win the finance talent war with AI-assisted planning Published Aug. This is not theoretical.

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3 Levels of Stress Testing Your 2023 Financial Plan

Centage

The Value of Stress Testing Your Financial Plan. As we approach the end of the fiscal year and begin a new one, business leaders have an overriding concern: How accurate are the assumptions we made when we created our plan? All plans, to a certain extent, are based on assumptions. Scenario Planning and Goal Alignment.

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2023 Financial Planning: The Importance of the Budget vs. Actual Statement During Times of Change

Centage

Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. Did manufacturing costs increase? Did commission payouts plummet?

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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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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

With that said, it’s important to gain a greater understanding of your profitability which requires more analysis than a financial statement and a balance sheet. By doing a profitability analysis, companies can identify specific areas in need of attention. Don’t be tempted to stop at only one or two of them.