The Ledger
Curated content foranalytical business leaders
CFO Magazine: 2023 Outlook: 4 Priorities CFOs Must Consider
December 20, 2022
“The next few years will see the current economic challenges take hold, while the increasingly unpredictable business landscape might trigger new ones. However, those CFOs that take action now and leverage rapidly evolving technologies to ensure that their processes and systems are robust, resilient, and agile will enable their organizations to thrive and gain a decisive competitive edge.”
FP&A Trends: Optimising Budget Efforts with Modern Processes, Mindset and Tools
December 15, 2022
“Calculating one budget scenario is already an extensive and complex exercise, considering the re-calculation of cost and profit centres, legal entities, business divisions, and other parties involved. Therefore, calculating scenario-based budgets to return a landing range of profitability will require powerful ERP and BI tools to process the quantity of data.”
FP&A Trends: FP&A Integration: The Winning Formula
December 15, 2022
“You need unified performance measurements that align the strategy, the operational, and the financial plans. But as Garrett pointed out, companies don’t always have this information at their fingertips. Different information is likely pocketed in various parts of the organisation and, perhaps, disparate systems. By pulling all of that together and sharing the information, everyone has a better-informed basis for optimal decision-making.”
CFO Magazine: Only 27% of Businesses Can Forecast at Scale With Data Analysis Tools
December 15, 2022
“Dependency on data, and the accuracy of that data, is pivotal for any organization. But in a recent research report from insightsoftware, less than a third (27%) of organizations said a majority of their users can forecast at scale using current data analysis tools. As dependency on data increases in all industries, low confidence around that data may result in less reliable business forecasts.”
