Jedox Finance

OCTOBER 26, 2022

Today’s turbulent times require organizations to plan for inflation. It is just one of the many factors that have a high impact on the course of business but are very hard to plan for. A method that can prepare organizations for any possible future is scenario planning. What is scenario planning?

Planning 52

Planning Strategic Planning Numbers Technology 52

Fpanda Club

JULY 24, 2022

Projected cash flow from innovation is usually compared with 0 representing the scenario of doing nothing where the company’s current business and financial standing are supposed to be unchanged. One of the solutions here can be the use of scenario analysis or simulation modeling. and help identify most probable outcomes.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Profit and Loss Benchmarking Valuation 130

Future CFO

APRIL 11, 2022

“Businesses and households will be hoping for the best but should plan for potential ongoing disruptions and uncertainty.”. With so much uncertainty at present, KPMG’s Global Economic Outlook said it has developed the following three scenarios to examine the prospects for the world economy.

Economics 98

Economics Forecasting Accounting Banking 98

Centage

OCTOBER 23, 2023

The traditional budgeting and forecasting planning processes can be long and painful. The problems that occur downstream from inaccurate or incomplete plans and budgets ultimately impact financial performance and long-term success. The second step is to incorporate these drivers into the heart of the financial planning process.

Budgeting 52

Budgeting Planning Forecasting Financial Modeling 52

Centage

AUGUST 29, 2022

Along with being agile and able to pivot on a dime, these businesses have the ability to make decisions and act on them with confidence, and that means mastering the art of scenario planning. . By identifying and evaluating all your business drivers, you can create the strongest scenario model for your organization.

Planning 52

Planning Forecasting Budgeting Profit and Loss 52

Spreadym

AUGUST 25, 2023

Headcount planning is a strategic process used by organizations to determine the optimal number of employees needed to achieve their business goals and objectives. What is headcount planning? This includes considering factors such as projected sales, production levels, and service needs.

Planning 52

Planning Budgeting Forecasting Leadership 52

CFO Thought Leader

APRIL 7, 2024

This episode our Planning Aces emphasize the importance of leveraging one’s breadth of experience, stepping beyond traditional FP&A roles, and focusing on execution to bring significant value to organizations. Read More 3.Understanding This discrepancy between what was being produced and what the market wanted was critical.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Profit and Loss Leadership 52

Centage

OCTOBER 24, 2022

Companies may also want to invest in cloud-based planning software to gain immediate visibility of their business at a glance. Additionally, businesses should ensure they have access to scenario planning software they can trust. Accurate forecasting is crucial to financial planning before, during, and after a recession.

Financial Planning and Analysis (FP&A) 98

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

Centage

AUGUST 15, 2022

In the current economic climate, proper financial planning and management are more essential than ever before. With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. Managers can then run scenarios with the drivers to improve long-term strategic planning.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

Centage

DECEMBER 1, 2021

Building reports that can drill down into specific regions, product mixes, or staffing models demands extra time and a certain skill set. Produce scenario plans. As a team, you should create a best, middle, and worst-case scenario. Pulling financials from disparate Excel spreadsheets introduces clerical errors.

Forecasting 98

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

Centage

MARCH 2, 2022

CEOs and boards of directors ask their teams tough questions for a reason: They want to know how their company is performing against plans and identify risks or opportunities that lie ahead. To answer their questions, you need up-to-the-minute insight into your business and the ability to test “what if” scenarios on the fly.

Financial Reporting 98

Financial Reporting Budgeting Forecasting Data Analysis 98

Spreadym

MAY 10, 2023

What-if analysis is a technique used in financial planning and decision-making business software to assess the potential outcomes of different scenarios or changes in variables. The best option in this case is if your planning software allows to collect and analyses information from different sources in real time.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Performance Measuring Prioritization 52

Jedox Finance

JANUARY 3, 2023

Financial planning and analysis (FP&A) is evolving into a whole new area of influence with cross-departmental and cross-dimensional impact. Accurate, frequent, and integrated business planning is crucial as geopolitical tensions, worldwide inflation, and supply chain disruption continue to reshape the global economy.

Financial Planning and Analysis (FP&A) 98

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

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

Future CFO

JULY 17, 2023

Accurate and frequent cash forecasts require efficient access to the most current company data, thoughtful forecast-to-actual variance analysis to make continuous improvements, and scenario analysis that anticipates potential economic and interest rate shifts.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

Centage

JUNE 28, 2023

When it comes to accuracy, automated planning and reporting tools are giving organizations real-time performance data. Accurate measurements also allow businesses to engage in scenario modeling. You can test the impact of various scenarios on a dime and explore the consequences of different growth and funding options.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

Centage

SEPTEMBER 28, 2022

Successful businesses recognize the importance of financial planning and analysis. Also known as FP&A, financial planning and analysis refers to various planning and budgeting activities that help a company to make savvy decisions regarding its long-term goals. The end result is you aren’t leaving money on the table.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Financial Reporting Forecasting Budgeting 97

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. Take Care of Your Customers…And Listen No company can be successful without loyal customers that love your products, services, and people.

Planning 98

Planning Budgeting Economics Forecasting 98

CFO News Room

NOVEMBER 16, 2022

With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. Feelings And Scenario Questions, Not Advice, Work Best To Calm Fear-Angered Clients. We planned for events like this.

Communication 130

Communication Planning Construction Marketing 130

Fpanda Club

NOVEMBER 15, 2022

What revenue will the launch of a new product bring us? Though black swans are our blind spots which will never be completely eliminated, there are some techniques that may be helpful in detecting the gaps and having a plan beforehand. What sales will the company generate next year?

Concentration 130

Concentration Forecasting Risk Management Risk Analysis 130

Centage

SEPTEMBER 20, 2022

Between pandemic insecurities, a supply chain crisis, labor shortages, and the growing threat of recession, companies that rely on traditional planning and forecasting may find themselves struggling to stay competitive. The result is that you can evaluate what-if scenarios and adjust your plans as needed.

Financial Planning and Analysis (FP&A) 98

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

Centage

DECEMBER 19, 2023

Without it, you won’t know if you can make necessary capital expenditures to deal with unforeseen changes in the market, or have the funds to hire to ramp up production. Perform what-if analysis To guard against future uncertainty, companies should be scenario planning for a wide range of potential business challenges and opportunities.

Cash Flow Forecasting 52

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 52

Centage

OCTOBER 28, 2021

Is now the time to move forward with that planned investment? With cash flow forecasting your organization can build a plan to ensure you have the liquid assets needed to maintain business operations. Start Your Cash Flow Planning and Forecasting at the Top Sales and revenue are the lifeblood of any organization, but especially SMBs.

Cash Flow Forecasting 90

Cash Flow Forecasting Forecasting Budgeting Data Analysis 90

Future CFO

OCTOBER 8, 2023

Major challenges ahead as IFRS 17 moves into production: Data, availability of skilled resources and systems/technology remain the three greatest challenges. Barriers to understanding and explaining results: Only 55% of 2023 reporters feel “very confident” in explaining IFRS 17 simple scenario results to senior management or investors.

IFRS 52

IFRS Accounting Standards Accounting Investments 52

Centage

OCTOBER 23, 2023

Or that accounting has planned $5,000 for a new printer? What are the plans for the organization? This may seem like more of a strategic planning question than a budgeting process one, but the two are intertwined. Look to your current budget to understand what these outflows look like today as you start the planning process.

Budgeting 52

Budgeting Strategic Planning Forecasting Planning 52

Centage

JANUARY 31, 2022

Without it, you won’t know if you can make that capital expenditure or have the funds to hire to ramp up production. Or perhaps your integrated cash flow reports are based on GAAP accounting rules, not formulas, but aren’t supported in your current planning and forecasting software application.

Cash Flow Forecasting 98

Cash Flow Forecasting Financial Planning and Analysis (FP&A) Forecasting GAAP 98

Future CFO

AUGUST 13, 2023

Lim Swee Keng : Enterprise Planning and Budgeting Cloud-based solution, it provides a unified driver-based planning and budgeting solution. Financial plans and budgets can now be refreshed efficiently driven by changes to business plan assumptions or drivers.

Financial Planning and Analysis (FP&A) 98

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

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

Centage

NOVEMBER 28, 2022

When you think of a business that’s recession proof, you probably imagine a company that provides the type of essential products people need regardless of the state of the economy. Although the base case doesn’t have to be the most conservative scenario you’ve created, it should be less sanguine than your upside cases.

Budgeting 98

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

Bramasol

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 77

Accounting SAP GAAP IFRS 77

Centage

AUGUST 16, 2023

Decreased Planning Time with Automating Budgeting The saying “time is money” has never been as true as it is today. Quickly compare performance against the plan and find holes and ways to improve. Freeing up time spent on manual budgeting processes gives leaders more resources to spend on strategic planning and forecasting.

Budgeting 98

Budgeting Forecasting Strategic Planning Planning 98

Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. All business leaders make assumptions in order to develop strategies and plan for future circumstances. Financial planning comes with numerous challenges.

Strategic Planning 52

Strategic Planning Planning Cash Flow Forecasting Budgeting 52

Spreadym

JULY 6, 2023

Before moving on to consider what the pros and cons of Business Continuity Planning are, let's learn what it is. Business Continuity Planning is a proactive approach taken by organizations to ensure their essential functions and operations can continue or be quickly restored in the event of a disruption or disaster.

Planning 52

Planning Prioritization Compliance Communication 52

Centage

APRIL 4, 2023

To determine profit margins, companies subtract the total cost of providing a product or service from the sales price paid for the item by customers. The goal is to identify ways of maximizing margins without reducing product quality or customer satisfaction. Are your service customers better at producing profits than your products?

Financial Planning and Analysis (FP&A) 98

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

Spreadym

MAY 26, 2023

Budgeting software typically offers features such as: Budget creation and planning: Users can set financial goals, create budget plans for different time periods (monthly, quarterly, yearly), and allocate funds to various categories or line items. There are several the best business budgeting software tools available in the market.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

Creative CFP

NOVEMBER 4, 2021

But leading up to this moment there have been months, if not years, of preparation and planning for every eventuality. Countless inputs are considered and risks mitigated by modelling various potential scenarios. Like launching a rocket into space, a business needs a thought-out and refined plan to have any hope of lifting off.

Financial Modeling 52

Financial Modeling Manufacturing Forecasting Valuation 52