The Ledger
Curated content foranalytical business leaders
CFO Insights: Are You Ready to Make the Switch to Lights Out Finance?
November 22, 2022
“Shifting from automated to autonomous allows the finance function to achieve an exponential level of efficiency, reduce costs, and become more agile—while digital technologies autonomously execute processes end to end. Human intervention is the exception, freeing up finance professionals to shift their efforts to higher-value strategic activities and to generating more significant insights for the business.”
FP&A Trends: How FP&A Teams Must Harness Scenario Planning To Aid Decision Making
November 21, 2022
“The need for short-term, dynamic Scenario-Based Planning becomes evident. However, many organisations remain stuck in the traditional planning process, which takes months to prepare and becomes outdated the moment they are finalised.”
CFO Dive: IMA CFO Says Scenario Planning is Constant ‘Balancing Act’
November 18, 2022
“Yet it is also important for CFOs to avoid inflation tunnel vision —“time-traveling” CFOs also have the advantage of being able to think about “what’s going on six months, a year, two years and five or 10 years into the future,” Porter said.”
CFO Magazine: 5 Accounting ‘Turnarounds’: How Manufacturing Fends Off Credit Squeeze
November 17, 2022
“For example, cost accounting takes into consideration fixed and variable costs. If a manufacturer’s operations team is only considering the cost of materials to make a widget — and leaving out the associated labor and overhead — that’s going to be a problem. It’s very difficult to make a profit when you sell something at an unknown cost.”
