Monthly Archives: January 2022
CFO Dive: Bad Use of FP&A Costs U.S. Companies $7.8B a Year
“Manual data inputting leads to errors, which can lead to reputational hits. It also leads to siloed operations, which can put an organization at the mercy of a single employee. When a bookkeeper at the Florida Republican Party passed away, the organization couldn’t access the data the person managed, causing it to miss a Federal […]
CFO Journal: The Inflation Outlook: Preparing for the Unpredictable
“In order to help executives prepare for a future no one can predict, Deloitte recently developed a set of scenarios to explore the question: How might inflation evolve in the U.S. over the next three years, and what could be the impacts on large organizations?“ Read More at The Wall Street Journal >
Global Finance Magazine: Global C-Suiters Name Their Fears
“Supply chain disruptions are overwhelmingly felt by executives in the manufacturing sector, who rank them as the top external impact issue in the coming year. However, only 28% of CEOs globally say their organizations are well prepared to address future supply chain shocks.” Read More at Global Finance Magazine >
CFO Dive: 5 CFO trends to watch in 2022
“But few issues that CFOs can expect to deal with in 2022, from pricing goods and services to setting wages and salaries to managing taxes, will be addressed without the specter of inflation hanging over them.” Read More at CFO Dive >
CFO Journal: Talent, Performance, Growth: CFOs’ Top Priorities for 2022
“To improve financial performance and boost their companies’ bottom lines, CFOs indicate that they plan to use a range of levers, such as increasing margins, sharpening EBITDA, increasing efficiencies, managing profitability, and hitting transformational milestones. Pricing is another lever they intend to utilize, including to navigate inflation. In fact, more than three-fourths (76%) of CFOs […]
SF Magazine: Change Management in Disguise
“The success of an analytics transformation depends on the success not only of the technical solution, but also the change management. In other words, organizations need to both drive the business and understand how to go from hindsight to foresight.” Read More at SF Magazine >
SF Magazine: Explanatory Data Visualizations
“Given the speed and volume of data collection in business, managers need ways to make sense of large sets of data to help inform decision making and to help communicate results. Data visualization is a powerful tool that can be used to both facilitate and influence decision making. The power of data visualization is in […]
CFO Magazine: A CFO Action Plan for 2022
“Providing accurate reporting and insightful data, monitoring and managing cash flow, and developing strategic plans for growth (with contingency plans for setbacks) has never been more critical. Now is also the time to revisit organizational and cost structures, identifying opportunities to streamline, cut costs, and protect the business.” Read More at CFO Magazine >
Industry Week: How Manufacturers Will Digitally Transform in 2022
“Just like manufacturers that failed to switch from manual to automated processes during the Industrial Revolution found themselves obsolete, so it goes with the digital era. Manufacturers that are not digitally transforming, learning how to network their shop floors and gather data for long term strategic assessments and planning are going to find themselves falling […]