The Ledger

CFO Magazine: Scenario Planning: A Roadmap Through Recession and Inflation

“Historical performance and figures can only get a company so far when the road ahead is so unclear. Ultimately, forward-looking organizations that can rely on thoughtful, detailed scenario planning are the ones that make it through risk and economic uncertainty most unscathed.”

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FP&A Trends: Best Practices to Drive Transition to Extended Financial Planning & Analysis (xP&A)

“To achieve an integrated FP&A, organisations and their leaders need to focus on key success factors”

1. Data & Key Drivers
2. Driver-Based Model
3. Way Financial View
4. Integrated Processes
5. Integrated People
6. Integrated Platform

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Harvard Business Review: Bad Data Is Sapping Your Team’s Productivity

“Fortunately, good-enough-to-get-started estimates can be obtained by the applying the “rule of 10”: it costs 10 times as much to complete a unit of work when the data is flawed in any way as it does when the data is good. In practice, this means that if data is good for 90% of your work, finishing the remaining 10% will cost more because of all the added friction.”

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CFO Magazine: 49% of Finance Professionals Worry Cash Flow Data is Unreliable: Weekly Stat

“As the economic outlook for the next twelve months continues to be poor, real-time financial data will be “key to survival” according to the survey. Rising pressures on CFOs will result in more data-reliant decision-making.”

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