The Ledger
Curated content foranalytical business leaders
Building Transformational FP&A Processes
August 11, 2020
“The almost instinctive reaction to such crises is to batten down the hatches and tough it out until better times return. Although economic downturns can be severe for both business and individuals such a knee-jerk reaction is seldom the best strategy.”
What’s The Right Way to Use What-if Analytics?
August 10, 2020
“When making forecasts, there is a big difference between known levers of change and newly discovered and yet-unproven “nuggets” of information that are teased out of data. Before diving in, business leaders need to know there are right and wrong ways to engage in what-if analysis.”
CFO Priorities for 2021 Includes Digital Transformation
August 6, 2020
“After surviving the initial wave of the pandemic, many organizations obtained a real-world view of how far along they were in their digital transformation journey. In many cases, the verdict was “not nearly as far as we thought we were.” Although most companies have automated processes, fewer have optimized that automation; fewer still have deployed next-generation technology to transform their business models. In fact, our research and experience with organizations worldwide indicates that very few have taken the necessary steps they need to become truly digital. They may have formed a digital veneer around their core capabilities, but being truly digital means changing the organization at its core.”
FP&A Can Help by Asking Better Questions
August 4, 2020
“In addition, the world around us – and in business – is changing rapidly. As decision makers struggle more to make sense of such a world, they need help. Since FP&A is directly supporting business decision making and makers, they can help by asking better questions!”
