Monthly Archives: February 2022
FP&A Trends: Measuring FP&A Performance with Key Performance Indicators (KPIs)
“So how can an FP&A function implement a good KPI framework? First and foremost, the questions in formulating the KPIs should be tied to the strategic objectives of the business – the value drivers. Once the right questions are selected for the KPIs, three foundational elements discussed below should be factored in building a strong […]
SF Magazine: Preparing Future Accountants
“The essence of management accounting is internal decision support, which will ultimately impact the internal and external stakeholders of an organization and, consequently, influence the areas of financial reporting, audit, and tax. Management accounting seeks to reflect and provide deep insight into the underlying relationships among resources, processes, customers, economic conditions, and financial and nonfinancial […]
SF Magazine: CFOs’ Evolving Views of Tech
“Pandemic-induced changes exposed the inefficiencies of some finance teams that relied on manual processes and outdated systems to complete their activities each month.” Read More at SF Magazine >
CFO Magazine: Opinion: Zero-Based Budgeting Emphasizes Growth, Cost-Cutting
“The real power of ZBB is not in achieving cost-cutting benchmarks; it lies in combining digital budgeting tools with greater cost accountability and a process that links budgeting discipline to future growth.” Read More at CFO Magazine >
Industry Week: Continuing Supply Chain Challenges for Manufacturers
“Each organization must conduct a thorough assessment of the core elements of its supply chain to ascertain which parts need to be addressed as a priority to mitigate the most pressing risk. Some of the common themes that we see include: Moving away from single sourcing (where possible) and creating a strategic sourcing mix of […]