article thumbnail

CFOs up forecasting frequency amid economic uncertainty: survey

CFO Dive

Pricing pressures, labor costs and talent retention struggles are creating new forecasting challenges for financial and business leaders, the AICPA & CIMA survey found

article thumbnail

Tackling the build versus buy forecasting dilemma

CFO Dive

The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data

Insiders

Sign Up for our Newsletter

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

article thumbnail

IMF Cuts China Growth Forecast to 4.4%

CFO News Room

The International Monetary Fund further slashed its growth forecast for China this year to 4.4%, well below what Beijing aims to achieve, as widespread Covid-19 lockdowns and Russia’s invasion of Ukraine exacerbate pressure on the world’s second-largest economy.

article thumbnail

Financial Forecasting vs. Projections

Planful

When you refer to a forward-looking financial prediction, do you call it financial forecasting or a financial projection? Financial forecasting addresses your immediate predictions, while projections focus on the long […].

article thumbnail

Dimon’s Hurricane Forecast

CFO News Room

JPMorgan Chase CEO Jamie Dimon warned of a potential economic “hurricane” down the road, and urged the Federal Reserve to take forceful measures to tackle inflation.

article thumbnail

Navigating uncertainty in cash flow forecasting

CFO Dive

Learn how to navigate the current volatility in cash flow forecasting by thinking long-term and strategic

article thumbnail

How CFOs can supercharge their organization's sales forecasting

CFO Dive

Virtual processes are faster, more granular in detail and provide a fresh sales forecast in a clean, concise dashboard each morning

article thumbnail

A New Era in Cash Forecasting

CFO News Room

Cash forecasting is meant to drive smarter business decisions in all economic climates. Many finance teams —empowered by broader treasury digitization and technology breakthroughs — are now embracing new forecasting solutions that use machine learning to harness data and improve confidence.

article thumbnail

Grinch: Ignore Black Friday Retail Forecasts

The Big Picture

It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. The post Grinch: Ignore Black Friday Retail Forecasts appeared first on The Big Picture.

article thumbnail

Ind-Ra slashes FY23 GDP forecast to 7-7.2% citing Ukraine war

CFO News Room

India Ratings has lowered its GDP growth forecast for FY23 to 7-7.2 per cent in both the scenarios in FY23, which is 10 basis points (bps) higher than their January forecast. per cent in FY23 in these scenarios, respectively, as against the earlier forecast of 4.8

article thumbnail

Demystifying AI- and ML-based forecasting

Anaplan

Platform Product Supply Chain Transformation AI demystify digital transformation Forecasting intelligent forecasting machine learning ML PlanIQ strategic financial planning supply chain planning

article thumbnail

Cash-Flow Forecasting remains KING

Simply Treasury

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

article thumbnail

Webinar: Stages of Cash Forecasting: Improving the Process, Tightening Your Accuracy | November 8

Strategic Treasurer

Stages of Cash Forecasting: Improving the Process, Tightening Your Accuracy. Description : Forecasting cash flows has been one of the top two priorities for treasury groups for nearly 10 years. November 8 | 11:00 AM EST. Register Now. Tuesday, November 8, 2022.

article thumbnail

Using Cash Flow Forecasting to Withstand the Downturn

Centage

However, one of the most important planning tools for a business of any size is cash flow forecasting – and it’s especially important in times of uncertainty. The direct method , however, is better for shorter to medium term forecasting. financial forecasting

article thumbnail

Financial Forecasting Best Practices and Tips

VCFO

Financial Forecasting Best Practices – 7 Tips for Success. Financial forecasts are critically important planning tools. In creating the forecast, research into the profitability of current operations and areas of potential expansion are essential to success.

article thumbnail

Navigate dangerous curves nimbly with rolling forecasts

Anaplan

Connected Planning Finance FP&A Transformation annual planning financial planning Financial Planning and Analysis Forecasting model Rolling forecastsMost people who labor through months-long annual financial planning cycles would admit the process is broken.

article thumbnail

IMF trims FY23 India forecast to 8.2%

CFO News Room

The International Monetary Fund (IMF) on Tuesday scaled down its FY23 growth forecast for India by 80 basis points (bps) from its January projection to 8.2%, as it underscored the ripple effect of the Russia-Ukraine crisis on net oil importers and their aggregate demand.

article thumbnail

Texas Storm Forecast Is Painful Déjà Vu

CFO News Room

The grid operator, as of Thursday evening, was forecasting demand on Friday morning to peak at roughly 73 gigawatts as temperatures drop. The silver lining here is that ERCOT’s forecast seems to bake in a lot of caution.

article thumbnail

WHITE PAPER - CASH-FLOW FORECASTING

Simply Treasury

Download the White Paper here

article thumbnail

What is budget forecasting?

Cube Software

Budgeting and forecasting are the two most common topics people consider when thinking about financial planning for a business.

article thumbnail

Moody’s ups India’s growth forecast to 9.5% for 2022

CFO News Room

“We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 Moody’s Investors Service on Thursday raised India’s growth forecast to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5

article thumbnail

Budgeting vs. Financial Forecasting: What’s the Difference?

CFO News Room

Budgeting vs. Financial Forecasting: An Overview. Budgeting and financial forecasting are tools that companies use to establish a plan for where management wants to take the business —budgeting—and whether it is heading in the right direction—financial forecasting.

article thumbnail

Understanding the basics of forecasting

Anaplan

Finance financial planning Financial Planning and Analysis forecastingOne of the most valuable things Finance can do is provide the business with as much certainty as possible about what to expect in the future.

article thumbnail

Forecasters see 'major risk' of wage-price spiral

CFO Dive

Economists have grown more pessimistic about inflation over the next three years, citing higher wages and supply chain disruptions, NABE said

article thumbnail

Adopt rolling forecasts and roll with the punches

Anaplan

Connected Planning Finance FP&A Transformation annual planning financial planning Financial Planning and Analysis Forecasting model Rolling forecastsMost people who labor through months-long annual financial planning cycles would admit the process is broken.

article thumbnail

Make Better Decisions with Efficient Short-Term Forecasting

Focus CFO

An efficient short-term cash forecasting process helps businesses make better decisions when disruption hits

article thumbnail

Capex forecasting: strategically aligned investment decision making

Onplan

These are complex questions that Finance and the executive team need to have a handle on; making fleet-footed decisions confidently can only be done on the back of an accurate Capex forecast. We created a Capex forecast template to help companies make strategic capital allocation decisions.

article thumbnail

Ukraine crisis: WTO slashes world trade growth forecast to 3%

CFO News Room

percentage points from the earlier forecasts, bringing growth to somewhere between 3.1% Of course, the WTO said the simulations “should not be interpreted as forecasts but rather as an attempt to understand the impact the crisis in Ukraine has through different mechanisms”.

article thumbnail

Forecasting Market Direction With Put/Call Ratios

CFO News Room

While most options traders are familiar with the leverage and flexibility options offer, not everyone is aware of their value as predictive tools. Yet one of the most reliable indicators of future market direction is a contrarian-sentiment measure known as the put/call options volume ratio. By tracking the daily and weekly volume of puts and calls in the U.S. stock market, we can gauge the feelings of traders.

article thumbnail

India GDP growth forecast cut to 7.9 pc: Morgan Stanley

CFO News Room

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India’s GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 Building in higher oil prices, we trim our F23 GDP growth forecast 50bps, to 7.9

article thumbnail

Treasury doesn't have to lose out to FP&A on forecasting

CFO Dive

The two teams bring complementary strengths that can be leveraged if they work together

article thumbnail

What is Headcount Forecasting? [Free headcount forecasting Excel template]

Cube Software

Building a company calls for more than an idea and a dream. It requires a plan.

article thumbnail

Forecasting the future of stores

McKinsey

Shoppers’ behaviors and expectations have changed dramatically—and continue to evolve. If retailers want to keep their physical stores relevant, here are five things they’ll need to get right. Retail Insights Retail environments

article thumbnail

A Step by Step Guide to Rolling Forecasts

Onplan

Rolling forecasts provide companies with live financial plans updated in real-time to respond to internal changes and external events. Rolling forecasts make use of historical financial data, the latest market conditions, and up-to-date understanding of evolving risks and opportunities.

article thumbnail

Warby Parker Shares Slide on Slower Revenue Forecast

CFO News Room

shares fell Thursday after posting weaker-than-expected revenue in the latest quarter and forecasting revenue would rise at a slower pace this year than in 2021. Warby Parker went public in September via a direct listing. Photo: Richard Drew/Associated Press. Michael Dabaie. Charity L. Scott.