Monthly Archives: December 2021
FP&A Trends: The Key Steps to Fostering a Data-Driven Culture
“Technology is not the key issue to implement a data-driven culture within an organisation. The first crucial task is to determine the data strategy and focus on the business problem. To be successful though, embracing the changing culture is the most important aspect of all” Read More at FP&A Trends >
CFO Journal: Moving Enterprise Business Planning Into Action
“Scenario modeling and predictive analytics are critical components of EBP’s one-model approach. For example, semiconductor demand is subject to volatility, as the need for chips must react to demand from multiple industries. Moreover, supply is constrained by the availability of critical inputs. Robust scenarios provide management with a ready course of action as incidents occur. […]
SF Magazine: From Controller to CFO
Some of the ways that controllers provide increased value: Driving finance transformation through automation and process improvement Overseeing the integrity of financial data coming from technology systems within the enterprise Providing enhanced information for decision making and resource allocation Increasing speed in reporting critical information and decision makers Read More at SF Magazine >
Industry Week: Digital Transformation Is Increasingly about Reimagining Manufacturing’s Business Model
“Technology will play an inevitable role in the future of manufacturing. As everybody across the manufacturing ecosystem—suppliers, manufacturers, OEMs, and distributors—embraces the digital evolution in some form or fashion, the choice is no longer whether or not to go digital but instead how fast they can do so.” Read More at Industry Week >
SF Magazine: CFO to CFO: Budgeting to Fund Strategic Plans
“It starts with finance being a business partner across the organization. For us, the finance organization isn’t on the sideline, waiting to be called in to the game; they’re on the field, part of running the plays that are called. And with that, there’s a clear partnership with our operations, commercial, and technical colleagues, which […]
FP&A Trends: Rolling Forecasts: The Important Role of Technology
“Year-end forecasts help to make the decisions required to achieve annual goals. However, they can be relatively inflexible. Due to the time needed for preparation, they are also based on data that may be halfway up to date when creating the forecast but quickly become outdated during the fiscal year. This is where introducing Rolling Forecasts is […]
SF Magazine: Facing the Fourth Industrial Revolution
“The FIR will require leadership to ensure members of the profession develop the skills necessary to grow into the next generation of accounting leaders. This is the opportunity to embrace the benefits of new technology and to step away from some of the early-career tedious mechanical tasks.” Read More at SF Magazine >