Monthly Archives: August 2021
CFO Journal: C-Suite Insights: CEOs Plan, Invest for Strong Growth Ahead
“Mirroring the expected increase in spending on technology modernization and AI, nearly three out of four CEOs say their organizations are undergoing or preparing for digital transformation.” Read More at Wall Street Journal >
CFO Magazine: A Small Business CFO’s Practical Approach to New Technologies
“Consider how data analytics and visualization tools are becoming more powerful and easy to use. Could you leverage data analytics and visualization tools to enhance finance and other departments’ storytelling abilities, enabling cross-functional partners to understand current realities and trends better and thus make better decisions?” Read More at CFO Magazine >
CFO Dive: Forecasting Cash Flow Under Volatile Conditions
““I think it’s important to forecast cash flows by estimated revenue by product, by customer, by currency, and by breaking down operating costs between fixed and variable and other categories. If there are certain variables, like key input prices that could fluctuate dramatically, having a proper sensitivity analysis can help.”” Read More at CFO Dive […]
Forbes: Driving Digital Transformation In Finance And Beyond
“The finance team has continuously redesigned processes to ensure a focus on transformation, versus repeating traditional processes that slow down execution.” Read More at Forbes >
Industry Week: Too Often, the Right Data Isn’t Getting to the Right Person (Even within Their Own Team)
“Closing the loop means establishing a system where the data is embedded into a continuous feedback process across the formerly siloed teams. Establishing this seamless data continuity fosters a data-driven culture where employees make decisions on a common set of accurate and up-to-date information.” Read More at Industry Week >
CFO Journal: Technology Investments: How to Maximize the Impact
“CXOs who are looking to disrupt or deal with disruption in their industries may want to consider the tech investment practices of technology vanguards.” Read More at The Wall Street Journal >
Accounting Today: Data Analysis and Forecasting Software: Taking a Look Into the Future
“But in some practices, there’s been a degree of hesitation in adopting one of the excellent software applications targeted at this need. As with many applications, building and using an Excel spreadsheet model is still a popular approach. And some practices are hesitant to adopt and apply an analytical application that uses techniques they may […]
SF Magazine: Accounting Curricula in the Digital Age
“Digital technology is transforming value delivery and operational performance of accounting and finance functions across the globe. This transformation, or disruption, of accounting tasks by emerging technologies like advanced analytics, Big Data, AI, and robotic process automation (RPA) influences the evolving expectations of finance and accounting employers.” Read More at SF Magazine >