article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

. “We’ve had a 40% reduction in carbon dioxide, an 80% reduction in nitrogen oxide, and a near 100% reduction in particulates,” she shared during the CFO Club podcast, emphasizing the tangible impact of GDC’s clean energy initiatives on Cameroon’s manufacturing sector. Our last two wells cost over $100 million,” she noted.

Finance 98
article thumbnail

10 Best Practices for FP&A

The Finance Weekly

Conduct Variance Analysis Variance analysis compares actual financial performance to budgeted expectations. For example, if a manufacturer expects a 10% production increase but only reaches 5%, investigating delays in raw materials or equipment issues helps resolve the problem. Automate data collection for consistent reporting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

This model reduces the upfront costs for healthcare providers and ensures a regular income for the manufacturer. Use Case: A company manufacturing diagnostic test kits can offer subscription services for supplying testing kits regularly to clinics and hospitals, ensuring they never run out of stock and streamlining inventory management.

SAP 82
article thumbnail

CFO Corner With Trex’s Brenda Lovcik

Global Finance

Brenda Lovcik is senior vice president and CFO of Trex, a manufacturer of wood-alternative composite decking, railing, and other outdoor items made from recycled materials. Global Finance : You have been the financial head of Trex for almost a year now. What has been the biggest challenge so far? If so, how?

CFO 52
article thumbnail

David Wray: Navigating ESG, Sustainability, and the Evolving Role of CFOs

CFO Talks

And this particular ice cream company realized if it didn’t start doing something to promote healthy colonies of honeybees close to its almond trees, then it was going to have a very serious problem in its ability to manufacture its product.

CFO 52
article thumbnail

From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

Some examples include: Banks and financial services These businesses must follow rules like Basel III, which ensures they have enough money to cover risks. Mining and manufacturing These industries must report on their environmental impact, worker safety, and financial results.

IFRS 52
article thumbnail

Comparing M&A Synergies: What Matters Most in Private Equity Add-Ons?

E78 Partners

The new entity aggressively reduced overhead by consolidating manufacturing, cutting SG&A, and centralizing operations. Sponsors also compare KPIs, financial reporting cadence, and procurement models to determine operational compatibility. They flag legacy ERP systems, siloed data, and leadership gaps as potential risks.