The Ledger
Curated content foranalytical business leaders
Digital and Analytics Key for Consumer Goods Firms
September 20, 2020
“Digital and analytics programs are no longer optional. Companies can’t compete effectively in today’s business environment without harnessing the power and potential of these technologies. Scaling them—so that they work their magic across the entire organization instead of in small pockets—will be increasingly crucial to improving total shareholder returns and sustaining competitive advantage.”
Real-time Approach to Planning is Critical
September 15, 2020
“These new realities demand a real-time approach to planning in which financial teams use scenario modeling and simulation tools to plan for a range of possible outcomes. Leveraging external data in volume and drawing on connected intelligence from across the business, finance teams can ask those all-important “what if” questions to identify the best path forward.”
The Role of Data Analytics
September 10, 2020
“The broad reach and wide applicability of data analytics across industries and professions have been known for decades, but the essential role of data analytics in delivering a competitive advantage to businesses, efficiently enhancing value delivery, and revolutionizing the role of business professionals is now undisputed. Even more, the enormity of the impact data analytics can have in times of crisis is nearly unparalleled, as evidenced by its contribution to progress during the COVID-19 pandemic.”
Better Scenario Planning Helps Companies Benefit During Disruptions
September 8, 2020
“CFOs will play a key role in determining how various scenarios will impact revenue, the cost structure, the balance sheet, and liquidity. Three key areas can shape how companies prepare for and respond to the uncertain environment ahead: identify new data inputs, model data to understand how the business may behave under different circumstances, and act now to allow for flexibility under different scenarios.”
