Monthly Archives: March 2022
CFO Journal: CFOs Seek Stronger Ties With Business Unit Leaders
“Financial performance (42.7%) was the next-most-often mentioned priority for 2022. CFOs plan to use a range of levers to enhance it, such as increasing margins, improving pricing to navigate inflation concerns, managing profitability, focusing on EBITDA, and hitting transformational milestones. Growth (31.6%) was the third most dominant theme among CFOs’ priorities, followed by strategy setting, […]
FP&A Trends: What Skills Should FP&A Develop by 2030
“The term Financial Planning and Analysis is evolving to the broader concept of Scenario Planning, with a rolling planning window opposed to a fixed annual 12-month focus; planning will be a single integrated strategic financial and operational model with on-demand frequency versus 3–5-year corporate plans. The Scenario Planning approach is also highly technological with automated and advanced analytical systems that […]
CFO Journal: Finance at the Center of Data and Analysis at Coca-Cola
“The power of having datasets and data systems that can integrate with each other and connect with others across the enterprise is enormous. That is a big part of what we are doing now. Finance has a critical role to play—to set the tone, to inject the focus and the discipline, and to make sure […]
FP&A Trends: My Top Five Predictive Planning Lessons
“Ask people what predictive analytics is about – they might mention a crystal ball or sci-fi novels. In practice predictive analytics has nothing to do with black magic or rocket science. It is a proven and robust technology, based on math, that can bring concrete benefits to finance organisations, when rightly used.” Read More at FP&A Trends >
SF Magazine: ABC and Value-Stream Costing in Tandem
“Like in most areas of life, it’s generally good to have a lot of choices in accounting. Take, for instance, activity-based costing (ABC) and value-stream costing (VSC), which can be viewed as two alternative approaches to obtaining accurate cost information in complex production and sales environments. You would think that companies that adopt VSC aren’t […]
CFO Magazine: 4 Tips for Cutting Indirect Spend
“In light of price inflation, companies are weighing their options for cost transformation, said Mahoney. Cost transformation is about simplifying and refocusing the organization. It involves a soup-to-nuts analysis of any action taken by a company and deciding: Is this something we should build? Is this something we should deliver internally, or does it make […]