CFO Insights: Future scenarios: Are CFOs Too Worried About Inflation—or Not Worried Enough?

“As CFOs watch inflation numbers rise month after month, so may the intensity of their concerns. Now that it has climbed to an altitude unseen for 40 years, they may be tempted to assume that it is bound to go even higher.

But what if the picture we have today isn’t a reliable guide to what’s ahead? What if by next year inflation is trending down? Or maybe even has dropped into disinflation, with the Consumer Price Index hovering between 0% and 1% as a result of a faster-than-expected resolution of supply chain disruptions combined with diminished consumer demand.”

Read More at Deloitte >

CFO Journal: Financial Discipline to Raise Performance

“When future economic performance rests on the shoulders of the finance function, supporting and continually evaluating decision-making that optimizes performance in the long term is essential. Such an approach is possible with a new financial discipline that remodels finance data, forecasting, and delivery to better predict and align to the future of finance.”

Read More at CFO Journal >

CFO Magazine: What Do CEOs Want From Their CFOs?

5 ways that CFOs can meet the wish lists of today’s CEOs:

1. Understand the Business Strategy and Optimize Forecasting
2. Prioritize Cash Flow Planning
3. Provide Better and Cleaner Data
4. Challenge Legacy Technologies
5. Communicate Clearly and Know Your Audience

Read More at CFO Magazine >

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 unable to quickly adapt or reallocate money and other resources.”

Read More at CFO Magazine >

CFO Dive: Practical Tips for Forging a Stronger CFO-COO Partnership

“COOs are learning to recognize the value of the CFO perspective as beyond that of a mere “numbers cruncher.” Empowered CFOs are emerging from their cost-center cocoons for more than quarterly earnings calls. They are morphing from gatekeepers focused on margins and discounts, to respected voices weighing in on enabling and achieving business outcomes.”

Read More at CFO Dive >

CFO Dive: Technology Literacy is Key for Candidates Aspiring to the CFO Seat

“The study of 500 current CFOs as well as CFO aspirants…found a growing desire among respondents to unlock their organization’s data for greater exploratory views and analysis. Both current and aspiring CFOs cited beliefs that greater access and usage of such data could help to drive forward innovation for their organizations.”

Read More at CFO Dive >

CFO Magazine: A 10-Step Playbook for New PE-Backed CFOs

“In addition, 91% of sponsors said their PE-backed CFOs weren’t meeting their “manage the business” expectations. Managing the business is defined as turning clean data into analysis and then into insights to make informed business decisions. It’s a tough task, no doubt, but it’s still very much foundational to the CFO role.”

Read More at CFO Magazine >

CFO Journal: 7 Principles of Dynamic Finance

“Leverage modern, compatible, and continuously updating platforms that can transform and scale with the business. Take advantage of platforms that regularly evolve to bring new capabilities to finance.”

Read More at The Wall Street Journal >

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 >