The Ledger
Curated content foranalytical business leaders
Is Your Reporting Holding You Back?
October 4, 2017
Businesses have more access to massive amounts of data than ever before, but many times they have no idea how to report this data effectively for decision-making purposes. Data visualization plays an increasingly important role here as it must ensure that important relationships can be identified correctly and quickly from the abundance of information that prevails in the era of Big Data. Each method of displaying information has its own strengths and weaknesses, and using the wrong kind can be harmful to your business.
Read More at Strategic Finance Magazine >
Changing Your Planning Landscape
October 3, 2017
Nobody likes change, even if that change has no material impact on us. With change comes uncertainty and the need to adapt. This is why static planning has been so difficult for companies to let go of because it is a stable form of planning. Unfortunately, we now live in a world where that luxury of stability no longer exists, and we must have the flexibility and agility to adapt to increasing uncertainty. Now, companies must start transitioning to dynamic planning. The ability to communicate within teams and across departments is vital to the success of implementing and executing dynamic planning.
Read More at The Digitalist by SAP >
Where Will Today’s Financial Innovations Lead?
October 2, 2017
Predicting the future of finance is an interesting task. With all of the financial innovations of some kind or another happening in almost every company, it is difficult to see what the future will bring. “Today, the financial world is at the cusp of enormous change that renders the future both exciting and murky. Blockchain, artificial intelligence (AI), machine learning and robotic process automation (RPA) hold all sorts of promises for solving the banking problems of today. When these technologies are fully realized, what will banking look like?
Read More at Global Finance Magazine >
FP&A Takes Its Place At The Strategy Table
September 29, 2017
CFOs working to transform their finance departments are focused on opportunities to add more value through the FP&A function. Deloitte discusses the “Three C’s” framework – capacity, capability, and collaboration – as a way to “support everything from operational decision-making to organizational strategy.” By focusing on predicting performance and impact, gathering the right talent, and establishing and integrated FP&A function, companies can unlock powerful operational and strategic insights.
