The Ledger
Curated content foranalytical business leaders
CFO Magazine: Cycle Time for Short-Term Cash Forecasting: Metric of the Month
“If your team is still forecasting manually with spreadsheets, there’s a good chance you will see dirty data and errors that require rework. Those will add to your cycle time. Automated forecasting tools on the market today can pull in finance data automatically from a banking source or from the general ledger. Creating a template that automatically populates the data you need can cut down on the time that you would otherwise spend finding and keying in that data manually.”
CFO Dive: CFOs to Combat Downturn with More Automation
“Automating part of their teams’ workload is one step CFOs can take to cut costs and improve efficiency in the face of an economic dip. When it comes to financial departments, automation can be applied to categorize expense reports in real time, for example, making previously manual and time-consuming processes more accurate and efficient.”
SF Magazine: CFOs Prepare for 2023
“All industries continue to grapple with global economic and societal upheaval, from the war in Ukraine and social unrest worldwide to rising interest rates and growing debt burdens. Finance leaders are tasked with gauging the potential impacts on their particular organization and industry. This unprecedented combination of factors leading to uncertainty and unpredictability is challenging CFOs to respond to massive disruptions and volatility and plan for various possible scenarios. Finance leaders will continue to apply data analytics and FP&A insights to guide their companies to invest for the long term while evaluating and reacting appropriately to short-term risks and setbacks. The best CFOs help their organization’s finance function to lead the way through choppy waters, overcoming challenges to achieve stability and sustainable success.”
FP&A Trends: The FP&A Role in Hyperinflationary Context (Argentinian History)
“Undoubtedly, one of the biggest challenges in our work is to reduce uncertainty in the construction of future scenarios, understanding the past, anticipating threats and providing analysed information in time for decision-making.”