Spreadym

JUNE 6, 2023

Financial forecasting refers to the process of estimating or predicting future financial outcomes and performance based on historical data, trends, and assumptions. Financial forecasting is a critical aspect of financial planning and decision-making for businesses, organizations, and individuals.

Forecasting 52

Forecasting Budgeting Planning Financial Modeling 52

Centage

AUGUST 29, 2023

They should forecast and plan for them all year long. By adopting continuous financial planning, financial pros can do better at keeping costs in line, managing investments, taking advantage of opportunities, and reducing the risk of threats. Continuous financial planning is more advantageous to companies for several reasons.

Budgeting 98

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

Future CFO

SEPTEMBER 21, 2023

This includes the pairing and alignment of the chief financial officer and the chief technological officer. Tony Allen , chief technological officer at subscription management software and recurring billing platform Recurly , dives deeper into the critical partnership between the CFO and CTO. Some essential metrics might include: 1.

Forecasting 52

Forecasting CFO Budgeting Investments 52

Centage

JULY 26, 2022

The goal is to gather the necessary information to forecast your cash flow quickly, correctly, and frequently. A crucial business document, the cash flow forecast estimates the amount of money that will move into and out of your business in a given period of time.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Data Analysis 52

Future CFO

JULY 30, 2020

In volatile business environments, annual plans are very quickly overtaken by reality. Traditional financial planning is thus increasingly losing its relevance. Traditional financial planning is no longer sufficient on its own. Companies invest a lot of time and resources in their business planning.

Technology 40

Technology Planning Budgeting Forecasting 40

Centage

APRIL 28, 2022

Back in 2019, Centage made waves when it announced the availability of Planning Maestro , the first-ever FP&A platform designed specifically for the mid-size market. Up until the release of Planning Maestro, only enterprise-sized companies could afford the expense of automated and intelligent cloud-based FP&A technologies.

Financial Planning and Analysis (FP&A) 98

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

Centage

DECEMBER 7, 2022

Earlier this year we announced that we’d teamed up with global technology firm Intuit Inc. , Explore technology – look for technologies that will help you drive a faster, more efficient process and shorten cycle time so you can have more frequent runs on decision making and can turn around quicker answers.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

Centage

MARCH 15, 2022

Designed to help businesses prepare for the unknown, financial scenario planning is a strategic tool for flexible long-term decision-making. With financial scenario planning, companies seek to avoid overpredicting and underpredicting their future by separating content into two categories: things that are certain and things that are unknown.

Planning 98

Planning Forecasting Budgeting Prioritization 98

Centage

AUGUST 10, 2022

Better business planning. Keep reading to discover the best practices for better business planning during times of economic upheaval along with tips on how to prepare for a return to normalcy. If you wait until the recession is upon you to start planning, you may well end up taking steps that damage your business over the long term.

Planning 98

Planning Budgeting Economics Forecasting 98

Spreadym

JUNE 27, 2023

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. What is Financial Planning and Analysis? Why Financial Planning and Analysis (FP&A) is important?

Financial Planning and Analysis (FP&A) 52

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

Future CFO

NOVEMBER 18, 2021

CFOs: Do you get your short term forecasts correct? A survey of 750 global senior finance leaders by Tata Consultancy Services (TCS) indicates that 50% of respondents consistently fail to deliver short term forecasts or make significant errors.

Forecasting 59

Forecasting Finance Budgeting Investments 59

Future CFO

AUGUST 23, 2019

The days of manual, spreadsheet-based budgeting, planning and forecasting processes are numbered.

Forecasting 52

Forecasting Budgeting Planning Financial Data 52

Jedox Finance

SEPTEMBER 11, 2019

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine.

Forecasting 59

Forecasting Budgeting Planning Technology 59

Jedox Finance

NOVEMBER 19, 2020

In the current times of crisis, these buzzwords common in FP&A and planning turn out to be very important characteristics for companies and it becomes clear how well positioned they actually are. In their 35 page report, they provide interesting insights into the current state of planning and highlight where the journey is headed.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

OCTOBER 15, 2020

If you’re confident rolling forecasts would be a useful tool to add to your organization’s existing FP&A toolbox, check out our five tips for implementation. If you have not yet read our previous posts, these questions will help: How big is the gap between your actuals and plan data at the end of the year? Careful planning.

Forecasting 52

Forecasting Communication Budgeting Planning 52

Future CFO

MARCH 2, 2023

Autonomous technology in finance will impact FP&A and controllership in three ways, as acceptance of these technologies among finance leaders is more prevalent, said Gartner recently. “80% The post Autonomous technology in finance to impact FP&A, controllership in three ways appeared first on FutureCFO.

Financial Planning and Analysis (FP&A) 52

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

https://trustedcfosolutions.com/feed/

FEBRUARY 23, 2022

This will allow your team to forecast future financials, ensure compliance, and provide good data for future planning and business strategy. . It will help you with your strategic vision and financial forecasting while managing the day-to-day accounting, business needs, and reporting with speed and ease.

Technology 70

Technology Compliance Forecasting CFO 70

Lime Light

DECEMBER 17, 2021

Organizations everywhere are looking to take charge of their future by using data to back up their decisions and plan more strategically. Its uses are often sequestered to external reporting since it can be difficult to plan the balance sheet at the level of granularity needed for internal decision making but this can be overcome.

Forecasting 52

Forecasting Economics Finance Planning 52

Strategic Treasurer

APRIL 7, 2022

Powering Efficient, Effective Forecasting Through ML and APIs. As a task that is both vital and challenging for treasury, cash forecasting is an area where leveraging effective tools can make a massive difference. May 24 | 2:00 PM EDT. Register Now. CTP re-certification credits ARE PENDING for attendance to this live webinar.

Forecasting 52

Forecasting Treasury Leverage Planning 52

Spreadym

JUNE 29, 2023

Revenue planning is the process of estimating and forecasting an organization's future revenue streams. It involves setting revenue targets, developing strategies to achieve those targets, and creating a plan to monitor and adjust the revenue-generating activities over a specific period, such as a fiscal year.

Planning 52

Planning Forecasting Benchmarking Communication 52

Centage

JULY 19, 2023

Many organizations integrate updated technology to do everything from streamlining processes to facilitating marketing and sales initiatives. However, many push back against upgrading their budgeting and forecasting systems. Using spreadsheets for budgeting and forecasting can have negative consequences for your company.

Budgeting 52

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

Bramasol

APRIL 28, 2022

This episode focuses on how DSE business models present new challenges with regard to Financial Planning & Analysis (FP&A) processes, which require enhanced agility, scalability and end-to-end integration to handle DSE's inherently dynamic requirements. How is FP&A different from traditional accounting?

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 88

Anaplan

MARCH 15, 2021

On the other side sit the skeptics—those who fear these technologies will eliminate jobs […]. On one side of the spectrum, there are the proponents eagerly waiting to see how AI and ML can revolutionize our business and the way we operate.

Forecasting 105

Forecasting Technology Planning 105

Spreadym

AUGUST 23, 2023

Workforce planning is the strategic process of identifying and aligning an organization's human resource needs with its overall business goals and objectives. What are the goals of workforce planning process? This might involve identifying skills gaps and developing plans to fill them.

Planning 52

Planning Leadership Compliance Analyzing Data 52

Jedox Finance

JANUARY 13, 2023

Why is it so difficult to build an operational plan that not only keeps pace with changing priorities but also adds meaningful business value? The answer is simple: most organizations use financial planning solutions that lack the adaptability, integration, and simplicity that high-performing teams need to collaborate effectively.

Planning 52

Planning Prioritization Forecasting Budgeting 52

Jedox Finance

MARCH 7, 2023

ChatGPT is propelling widespread adoption of generative artificial intelligence (AI) and uncovering new ways for teams and organizations to explore the technology. Explore how the Jedox ChatGPT integration can take powerful planning to the next level. Table of Contents What is ChatGPT? Table of Contents What is ChatGPT?

Planning 52

Planning Concentration Forecasting Finance 52

Future CFO

JULY 17, 2023

Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. This is why nearly half of the surveyed treasurers describe cash forecasting as somewhat or extremely difficult.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

Spreadym

JUNE 15, 2023

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

Planning 52

Planning Prioritization Concentration Compliance 52

Future CFO

JULY 30, 2020

Gartner suggests that data and analytics combined with artificial intelligence (AI) technologies will be paramount in the effort to predict, prepare and respond in a proactive and accelerated manner to a global crisis and its aftermath. “To The Jedox AI enables you with predictive forecasting to make smarter decisions.

Forecasting 40

Forecasting Leverage Planning Technology 40

Planful

AUGUST 5, 2021

Technology, and the speed and agility it provides, gave many companies an edge as they quickly adapted to the chaos of 2020. Now, with CFOs and the c-suite reliant on constant re-forecasting and fast scenario planning, FP&A are looking for a return to normal, at least where working hours are concerned.

Planning 52

Planning Forecasting Technology 52

The Finance Weekly

NOVEMBER 17, 2021

Covid-19 has put an additional strain on companies’ financial planning teams, and many departments are looking to them for answers about the future of the business. In March of 2020, FP&A teams worked around the clock to try to forecast what the future would look like both in the short term and long term.

Planning 75

Planning Budgeting Forecasting Numbers 75

Jedox Finance

JUNE 14, 2023

Scenario planning improves decisiveness in a volatile, uncertain, complex, and ambiguous (VUCA) world by providing a structured approach to view different ways the future may unfold based on current trends and assumptions. Explore technologies 10. Challenge assumptions and biases 7. Develop adaptable strategies 8.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Analyzing Data Finance 52

The Finance Weekly

APRIL 5, 2022

A big part of these changes is increased communication between technology teams and other business departments. The impact of data driven financial analysis goes well beyond its traditional role of budgeting and forecasting, and has the potential to contribute greatly as a forward thinking department for real-time decision making.

Financial Planning and Analysis (FP&A) 52

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

CFO News Room

DECEMBER 26, 2022

versus FactSet’s consensus forecast of a 16.9% Micron Technology (MU) – Micron shares fell 2.9% in premarket trading after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts. TuSimple rallied 3.5% in the premarket.

Profit and Loss 130

Profit and Loss Forecasting Startups Technology 130

Planful

JANUARY 2, 2018

The 2017 survey by CFO Research, in collaboration with Planful, asked 154 finance executives about their systems. The spreadsheet as a BPF tool is typically inaccurate, and it isn’t dynamic or flexible enough to provide a complete picture for budgeting, planning and forecasting. A Common Problem. Limitations of Spreadsheets.

Budgeting 40

Budgeting Forecasting Planning CFO 40

Centage

JANUARY 17, 2024

If you think that once you’ve forecast your budget for the year , you’re all set — forecast again. Partially, this is because of the way business budgeting and forecasting has been done in the past. This manual process leads to broken formulas and incorrect data — not to mention regularly recurring forecast errors.

Financial Planning and Analysis (FP&A) 52

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

Jedox Finance

JULY 23, 2019

You do not have to be a data scientist to recognize the impact of technology on FP&A is and will continue to be significant. One of the biggest challenges of automation (Robotic Process Automation) and artificial intelligence/machine learning technologies is our current mindset. Exploring the technology opportunities in FP&A.

Technology 52

Technology Financial Modeling Forecasting Planning 52