The Ledger
Curated content foranalytical business leaders
Tag Archives: data
CFO Journal: The Big Deal About Data in M&A
August 30, 2022
“In addition to leveraging intelligent tools, getting an early start and selecting an appropriate data management framework are also essential for increasing M&A transaction value in an environment where data is often an organization’s most valuable asset.”
CFO Journal: Automated Financial Forecasting Built on a Foundation of Data
August 2, 2022
“The effort requires CFOs to take an end-to-end approach to data management, process design, and talent—at the same time. Integration across all three is critical to really enabling automated, real-time financial forecasting. The prize is the ability to produce forecasts on-demand, leaving behind an environment where it takes so long to build quarterly forecasts and annual plans that key drivers may shift, impacting the forecast.”
CFO Insights: Mastering Data for Better Insights—and Competitive Advantage
July 28, 2022
“In some industries, digital technologies have already reshaped certain aspects of how the finance function conducts business—lowering operating costs, effort, and risk while increasing the analytic value and transparency of financial data.”
CFO Magazine: Finance Transformation: Unleashing the Potential of Data
July 19, 2022
“The key to success in finance transformation is to understand and make the most of all the ways a fully integrated data solution can take charge of routine processes from front to back. While managing the routine, the solution also will generate better data, more rapidly for the higher-level analytics that finance uses in budgeting, forecasting, planning, and other key operations. Getting the “how” right will help to optimize decision-making, operational efficiency, and ultimately profitability.”
Harvard Business Review: Build Better Management Systems to Put Your Data to Work
June 30, 2022
“Most companies continue to struggle in managing their data and putting it to work. They expend a lot of time and energy, but don’t get much for their efforts. Quality is low, people don’t trust the data, technical debt is out-of-control, and they miss opportunities to become data-driven, take advantage of advanced analytics and AI, and compete with data.”
CFO Dive: Technology Literacy is Key for Candidates Aspiring to the CFO Seat
June 24, 2022
“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.”
CFO Magazine: For CFOs, Digital Transformation Requires Letting Go
June 8, 2022
“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 governance should be efficiency, Duffy said.”
CFO Magazine: Data Integration Drives Successful Mergers
May 19, 2022
“It’s far too easy for a deal to fail without a data integration game plan because of disparate data and disconnected systems. However, choosing the right approach to data integration depends on several variables, including available resources, timelines, and complexity, to name just a few.”
CFO Journal: Pandemic Sharpens Government Focus on Data
April 14, 2022
“Maintain the emphasis on data technology and relationships established in response to COVID-19. The value generated by these technologies and relationships is too great to let them falter. A data-centric approach provides greater value to constituents while improving performance. And when the next crisis comes, data could play a valuable role.”
