Tag Archives: Budgeting and Planning

When You Have Too Much Tech

Surveys show CFOs generally see the need to incorporate technology to help them improve their finance and accounting functions. But knowing which technology is right for their operations and which isn’t — and also when the time is right — is the “opportunity and the curse,” says Bryan Lapidus, FP&A, director of the FP&A practice […]

AFPs Eight Steps to Rolling Forecasts

With more organizations shifting from traditional budgeting to rolling forecasts, The Association for Financial Professionals has shared their list of 8 steps to help finance teams avoid missteps at every stage from goal setting to tracking performance. Read the 8 Steps for Creating a Rolling Forecast >

CFO Trends for 2020

CFO Dive shares it’s list of five trends for CFOs to watch in 2020, including the insight that more finance operations will move to a rolling forecast. By enacting this trend, it creates a “rolling time horizon [that] enables executives to make decisions based on market dynamics rather than an artificial target”. Read CFO Dive […]

Seeing Into the Future

With just 42% of CFOs and finance leaders indicating that their finance systems give them the information they need to be effective business partners and only 31% of them with a dependable platform for decision making, there’s lots of opportunities for finance teams to evaluate their technology architecture. Read The Future of Finance Systems Global […]

How Businesses Are Setting Themselves Up for Success with Integrated Business Planning

Many businesses are updating their legacy planning systems to integrated business planning applications that translate the organization’s strategic objectives into operational terms that provide actionable guidance across the enterprise. Business capabilities are the link connecting strategy and business model to enterprise architecture and the underlying technology that executes the strategy. Understanding this link enables companies […]

How Agile Technology Drives Supply Chain Innovation

Change and uncertainty are inevitable in manufacturing. While effective production planning can support manufacturing processes, there will always be uncontrollable factors that are difficult to manage. Manufacturers are dealing with an increased pressure to meet customer demands quicker and more cost-effectively. Visibility of where manufacturers are within the production process is a key driver and […]

A Futurist’s Framework For Strategic Planning

When it comes to long-term planning, many FP&A professionals should be able to answer these questions: Where do you want to have impact? What it will take to achieve success? How will the organization evolve to meet challenges on the horizon? These questions are the foundation for any achievable plan, both long and short term. Many […]

Competitive Decision Making With Porter’s Five Forces

The goal of every business is to increase and retain profits while surpassing the competition. When it comes to strategic planning, knowing who the competition is and understanding how their actions will affect the business is critical to long-term success. One way to analyze your competition is by using Porter’s Five Forces model to break […]

Increasing Profits with Mid-Year Adjustments

Mid-year adjustments to business plans help many companies improve their tactics while staying on track with long-term initiatives. While many businesses only have impromptu approaches to adjusting business plans, a more structured approach provides flexibility and focuses concentration on the right levers of profitability. Checking in on mid-year financials allows executives and decision makers to […]