The Ledger
Curated content foranalytical business leaders
AFPs Eight Steps to Rolling Forecasts
With more organizations shifting from traditional budgeting to rolling forecasts, The Association for Financial Professionals has shared their list of 8 steps to help finance teams avoid missteps at every stage from goal setting to tracking performance.
CFO Trends for 2020
CFO Dive shares it’s list of five trends for CFOs to watch in 2020, including the insight that more finance operations will move to a rolling forecast. By enacting this trend, it creates a “rolling time horizon [that] enables executives to make decisions based on market dynamics rather than an artificial target”.
Seeing Into the Future
With just 42% of CFOs and finance leaders indicating that their finance systems give them the information they need to be effective business partners and only 31% of them with a dependable platform for decision making, there’s lots of opportunities for finance teams to evaluate their technology architecture.
How CFOs Have Evolved to Support Innovation
CFOs and finance teams play an increasing role in enterprise innovation, and the ones with a solid foundation of enterprise technologies are already ahead of the competition. Most companies view innovation as essential to survival. But without the right leadership and direction from finance, enterprise innovation plans inevitably fall flat or divert precious resources away from worthy projects. Supporting innovation is one of the new challenges for finance, but one that is important for CFOs and their finance teams to get right.