The Ledger
Curated content foranalytical business leaders
Improving Unit Margins
August 26, 2020
“Pricing to maintain margin is difficult when customer demand is unpredictable, raw material costs are rising and you’re being hit with unforeseen expenses like retrofitting locations for safety. Maintaining an appropriate utilization across the organization and tracking project-by-project profitability helps ensure that your overall gross profit margin as a company stays on track.”
CFOs Take on More Roles as Business Environment Changes
August 24, 2020
“While the pandemic has reinvigorated the strategic role of the CFO, at some point, that enthusiasm will likely fade. Unless, that is, they take steps to reduce the load of repetitive tasks. Further, it’s been the conclusion of many that companies with stronger technology adoption are doing better through the crisis.”
Driver-Based Planning Processes Need a Solid Tech Foundation
August 21, 2020
“The excel-based planning process will not deliver consistency to the performance management process. In contrast, the dedicated planning solutions will let you build and maintain a solid infrastructure for fully integrating actuals and plan data through driver-based planning model.”
Reduce Cost and Risk in Finance Transformation
August 18, 2020
“This renewed focus on transformation is driven by the reliance on the CFO and finance team as businesses try to survive the crisis and plan for the recovery. It has exposed the weaknesses that exist within the typical function (planning and forecasting, for example) and the necessary improvements to meet the expectations of the business. Remote working adds to the challenge.
With cost-cutting high on the agenda for most organisations, the finance team will also come under scrutiny. We need to do more with less, be more efficient and effective.”
