The Ledger
Curated content foranalytical business leaders
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.”
CFO Dive: For CFOs Rethinking Growth, Profitability, Data is Key
December 14, 2022
“Upping investments in digital capabilities is one move CFOs could take that could potentially aid them in making the shift to a more balanced model. Many CFOs are already viewing digital investments as a key goal; an October study by the Everest Group found 70% of CFOs agreed implementing digital technologies that could improve efficiency, effectiveness and stakeholder experiences was now a top priority, for example.”
CFO Magazine: 58% of CFOs Said Cost Optimization Is Their Top Concern: Weekly Stat
December 8, 2022
“With workforce rationalization and liquidity also being major concerns for those surveyed (40% and 37%, respectively), the data shows finance executives are most concerned about rising costs heading into the new year.”
Forbes: How CFOs Can Invest For Long-Term Growth Amid Uncertainty
December 6, 2022
“The supply chain constraints presented opportunities for greater efficiency and resiliency. To this end, we have and are implementing both tactical and strategic initiatives to position Carrier to emerge stronger from this environment. This includes for example moving towards multiple sources of supply for critical components, moving some work to other locations globally, redesigning products using different components, automation, holding extra inventory, hedging of materials to provide more predictability in input costs for a period of time, etc. All of these options and alternatives are meant to reduce points of failure in our supply chain and require some form of analysis that our problem solvers and business partners in the finance function work on.”
