The Ledger

FP&A Trends: Automation in FP&A: If You Want to Go Far, Go Together

“Automation will allow organisations to have:

• A single source of truth
• Automated reporting and analytics
• Seamless collaboration between teams
• Easy Scenario Planning and rework
• Permissions and audit trail
• Time for analysis and recommendations”

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CFO Magazine: 80% of CFOs Expect Cost Pressures to Persist Into Next Year: Weekly Stat

“As inflation rises and the quality of labor pools falls, financial executives must develop strategies, not only to juggle the external economic elements bearing down on their companies, but to remain proactive in efforts to sustain growth.”

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CFO Dive: Nearly Half of CFOs Ditching Just-in-Time Supply Chains: Study

“CFOs are left contemplating changes to their supply chains as they attempt to navigate shifting economic trends; factors such as the ongoing war in Ukraine and the lingering impacts of the pandemic as well as inflation have continued to throw up stumbling blocks for organizations across their supply chains.”

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CFO Magazine: A CFO’s Guide to Business Transformation

“Inconsistency across an organization may not seem to be problematic if tasks get completed, but lack of standardization may mask larger issues.  For instance, inconsistent financial processes and cost coding can provide results that cannot be consolidated and compared without significant effort. Standardizing processes and technology is less confusing for employees, and also ensures external stakeholders have a consistent approach.”

Read More at CFO Magazine >