CFO News Room

DECEMBER 16, 2022

Maxar Technologies – Shares of the satellite owner and operator surged 122% following news that private equity firm Advent International will acquire the company and take it private in a deal valued at $6.4 Adobe maintained its forecast for the new fiscal year, while announcing a plan to buy hot startup Figma in the quarter.

Technology 130

Technology Auditing Advertising Forecasting 130

Spreadym

SEPTEMBER 19, 2023

Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. Forecast: Forecasts can vary in terms of their time horizon.

Budgeting 59

Budgeting Forecasting Cash Flow Forecasting Benchmarking 59

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

DECEMBER 1, 2021

But times have changed – which is why financial forecasting is more important than your annual budget. More than half (57%) are producing P&L forecasts more often than monthly. What’s the Financial Forecast Look Like? Financial forecasting is especially important when it comes to cash flow. Watch Demo.

Forecasting 98

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

Future CFO

JUNE 11, 2023

What is the easiest way to have Excel create an automated forecast leveraging your time-series data? Dr. Kevin Kelly takes a quick trip to the “Forecast Sheet” in Excel’s data tab to show how to instantly create a forecast, including seasonality and adjusting for confidence intervals. Watch more from the series here.

Forecasting 52

Forecasting Leverage Technology 52

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

Future CFO

JULY 2, 2023

Technology spending in Asia Pacific will remain robust and grow by 5.8% According to Forrester’s Asia Pacific Tech Market Forecast, 74% of growth will come from software and services as cloud adoption in the region increases. Regional projections According to the company, it has the following projections in terms of technology.

Technology 52

Technology Budgeting Forecasting Investments 52

Collectiv

AUGUST 18, 2022

To succeed in a highly competitive business landscape, enterprises need a robust financial planning and forecasting strategy. Why Planning and Forecasting are Critical for Enterprises. Financial planning and forecasting go far beyond just day-to-day budgeting. Why Planning and Forecasting are Crucial for Power BI Users.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

JULY 22, 2020

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. In addition, JLL forecasted that the U.S. will require a further 100 million square feet of cold storage space within the few years to come.

Forecasting 104

Forecasting eCommerce Sales Retail 104

Future CFO

DECEMBER 19, 2022

CFOs: Are your finance function using low code development technologies to fulfill growing demand for fast application delivery and highly customised automation workflows? According to Gartner , the worldwide market for low code development technologies is projected to total US$26.9 growth forecast for 2023, Gartner said.

Technology 52

Technology Finance Forecasting Economics 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

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

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. Rolling Forecasts can be used to find out why. A step-by-step implementation is also beneficial when using rolling forecasts as a supplement. Careful planning.

Forecasting 52

Forecasting Communication Budgeting 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

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

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

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

PYMNTS

JULY 5, 2019

The same principal holds true when it comes to forecasting cash flow. In a new PYMNTS interview, Jessica Cheney, vice president, product management and strategic solutions at Bottomline Technologies , talked about the importance of improving that cash flow situation, and the role intelligent technologies can play.

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

Lime Light

DECEMBER 17, 2021

The balance sheet can become a key tool within the office of finance if an organization rises to the challenge of using minimal resources to create a usable, forecasted balance sheet.

Forecasting 52

Forecasting Economics Planning 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

PYMNTS

OCTOBER 1, 2019

Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”. Wells Fargo’s team of analysts in financial services and technology examined technology’s impact throughout the banking industry in the U.S.

Technology 86

Technology Banking Forecasting Economics 86

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

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

PYMNTS

MARCH 4, 2020

As the COVID-19 virus, or coronavirus, unfolds, financial technology provider WEX Inc. It noted the forecast is based on information that management has access to as of now and is mainly because of the impact on the travel business as well as “minor” over-the-road business impact. has cut its Q1 revenue outlook.

Forecasting 52

Forecasting Technology Retail 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

Future CFO

JULY 30, 2020

However, organizations won’t be able to fully embrace the benefits of flexible, real-time planning without properly adapting to flexible new technology solutions designed to improve planning and enterprise performance management. Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets.

Technology 40

Technology Planning Budgeting Forecasting 40

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

CFO News Room

NOVEMBER 9, 2022

Chief Financial Officer Christine McCarthy tempered investor expectations for the new fiscal year, forecasting revenue growth of less than 10%. Akamai Technologies — The web technology company rose 7% after Akamai reported better-than-expected earnings for the most recent quarter of $1.26 Analysts expected $1.22

Profit and Loss 130

Profit and Loss Entertainment Forecasting Technology 130

PYMNTS

MAY 22, 2019

Moody’s Corporation is partnering with the Foundation for Small Business Development (FFSBD) to connect small businesses with cash flow forecasting solutions and other financial resources. Small business clients of the SBDC can be connected to a six-month subscription of CashFlowTool to manage and forecast cash flows.

Cash Flow Forecasting 40

Cash Flow Forecasting Forecasting Education Risk Management 40

PYMNTS

SEPTEMBER 19, 2019

Supply chain management has morphed into a strategic business initiative combining technological adoption, event forecasting and even politics: awareness of its complexities has never been higher thanks to threats of a trade war between the U.S. Technology to the Rescue — Maybe. Inaccuracy of [a] forecast is unpardonable.”.

Technology 47

Technology Manufacturing Forecasting Prioritization 47

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

PYMNTS

APRIL 28, 2020

But as the coronavirus crisis spread outside of mainland China and became a worldwide phenomenon in the final few weeks of quarter, Starbucks’ earnings took a sharp hit, which is likely to deepen in Q3, according to Starbucks’ current forecasts. billion in revenue.

Forecasting 63

Forecasting Profit and Loss Prioritization Leverage 63

CFO News Room

NOVEMBER 4, 2022

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. Elsewhere, Crowdstrike was down 9.2%, ZoomInfo Technologies lost 10.2%, Bill.com dropped 10.3%, ServiceNow lost 6.9%, and Datadog slid 6.7%. PayPal — PayPal slid 5% after lowering its annual revenue growth forecast.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

Navigator SAP

OCTOBER 7, 2022

Ensuring the smooth flow of the resources you need to keep your business running is crucial, especially in a modern world where buying patterns, changing technology, and global events can affect the price and availability of those resources in unexpected ways. Anyone who runs a business knows how important supply chain management is.

Forecasting 174

Forecasting Technology Marketing 174

PYMNTS

MAY 25, 2018

Touted by observers and industry players as one of the top trends that could impact medical billing and data management for 2018, the technology is increasingly being viewed as part of the path to better efficiency in payments. No matter the technology, companies hoping to make profits in healthcare payments have a tough road.

Healthcare 66

Healthcare Technology Practice Management Forecasting 66

PYMNTS

JUNE 14, 2018

Equifax , the embattled credit scoring company announced Thursday (June 14) that it named Bryson Koehler as Chief Technology Officer. Equifax said Koehler will work with the company’s product, data and analytics teams to drive technology and data insights for customers and partners. ” .

Technology 48

Technology Leadership Securities Forecasting 48