Monthly Archives: June 2022
FP&A Trends: An Annual Plan Is A Map. A Rolling Forecast is A GPS.
“The only way for companies to navigate forward and still achieve existing goals — including simple survival — would be exploring multiple potential changes and building various scenarios to prepare a range of decision-making paths through newly uncertain terrain.” Read More at FP&A Trends >
Forbes: The CFO As Catalyst For Digital Transformation
“Having fundamental accounting skills and a sound financial background are still important skills for our finance employees. Beyond that are increasing demands for digital and technology knowledge. Data analytics, for example, is increasingly important to provide insights that help us be more strategic partners to the business.” Read More at Forbes >
CFO Magazine: 6 Areas CFOs Should Support to Build Business Resilience
“To make informed decisions related to inventory, business expenses, hiring, capital investments, and other areas, management needs clear insight into financial performance. Even if your reporting is timely and accurate, are you providing the right insights and analysis to run the business? For example, if you’ve recently expanded globally, are you providing analysis by country […]
CFO Magazine: For CFOs, Digital Transformation Requires Letting Go
“For the data that executive management and the board used to drive enterprise and strategic outcomes, a centralized, universal approach to data governance is still required. But for tactical outcomes and operational decision-making — like the information operations needs to diagnose performance issues, monitor market shifts, or spot business risks — the objective of data […]
CFO Journal: Energy and Commodities Outlook: Disruptions from the Russian Invasion of Ukraine
“Despite these uncertainties, CFOs and other C-suite executives, who strive to stay ahead of price changes and supply shocks in global energy and commodities markets, can find insights and analyses for their planning and budgeting needs. Four sets of indicators to watch below can help executives identify vulnerabilities and find alternatives, possibly giving organizations an […]
CFO Magazine: 7 Core Skills of Great CFOs
“We’ve identified seven skills that top CFOs need to master in today’s evolving business climate”: Solid Communicator Able to Analyze Technology Aficionado Risk Awareness Look Beyond Finance Strategist Alert to Social Issues Read More at CFO Magazine >
Accounting Today: FP&A is the MVP of Your Organization
“The budget increases are especially good news as FP&A and corporate performance responsibilities continue to grow. Additional resources are needed to help FP&A teams partner with business unit leaders to develop models that include strategic and operational objectives, what-if scenarios, business drivers and key performance indicators. Yet, even with an expanded and more visible role, […]
CFO Journal: Take Five: Steps to Building a Strategically Adaptive Enterprise
“Finance leaders now confront an environment where both the speed and complexity of change forces them to make choices in shorter time frames and disruption has become a continuous, compounding condition. As discussed in the first article in this series, exponential enterprises with a high ability to win reinforced by a high capacity for change outflank their […]