Monthly Archives: July 2022
CFO Magazine: Dynamic Financial Planning for Real Events, Not the Calendar
“With the risk of a recession rising, companies in most industries will have their financial planning processes severely tested over the coming months. They’d do well to replace a fixed annual exercise with a flexible approach that responds to changing conditions. Traditional planning methods have caused firms to be caught flat-footed by external shocks, and […]
McKinsey: Tackling Inflation and Margin Pressure in the Sporting Goods Industry
“The ability to accurately calculate margins on a product-by-product is key to successfully navigating inflationary pressures and raw material shortages. Without it companies are effectively flying blind and making product portfolio decisions with little insight into how those decisions impact overall profitability. How accurately is your organization calculating individual product level margins?” Read More at […]
FP&A Trends: How an Integrated FP&A Can Drive Value Creation
“Three pillars of modern Integrated FP&A: Connected: Optimise planning capabilities by integrating planning techniques Complete: Build a cashflow mindset, stop focusing on local efficiencies Continuous: Focus on growth and value creation while moving at the speed” Read More at FP&A Trends >
FP&A Trends: Top Seven Lessons Learned from the Pandemic
“Being able to plan on request, being able to look at the different scenarios in real-time as and when they happened, what would be the outcome of those different scenarios, how do we then resource these different scenarios, what new KPI’s or Drivers have the pandemic thrown in the mix, how do we include that in […]
SF Magazine: An Internal Controls Mindset for Excel
“The same year, CNBC wrote that spreadsheet blunders are costing businesses billions. Consulting firm F1F9 estimated that 88% of all spreadsheets have errors and 50% of spreadsheets used by large corporations have material defects. An executive at the advisory firm The Hackett Group Inc. mentioned that the pandemic exposed the vulnerability of the finance teams’ […]