The Ledger
Curated content foranalytical business leaders
SF Magazine: An Internal Controls Mindset for Excel
July 1, 2022
“The same year, CNBC wrote that spreadsheet blunders are costing businesses billions. Consulting firm F1F9 estimated that 88% of all spreadsheets have errors and 50% of spreadsheets used by large corporations have material defects. An executive at the advisory firm The Hackett Group Inc. mentioned that the pandemic exposed the vulnerability of the finance teams’ decisions resulting from a continued dependence on Excel.”
Harvard Business Review: Build Better Management Systems to Put Your Data to Work
June 30, 2022
“Most companies continue to struggle in managing their data and putting it to work. They expend a lot of time and energy, but don’t get much for their efforts. Quality is low, people don’t trust the data, technical debt is out-of-control, and they miss opportunities to become data-driven, take advantage of advanced analytics and AI, and compete with data.”
CFO Dive: 3 Ways CFOs Can Help Tackle Supply Chain Disruptions
June 29, 2022
“CFOs can use scenario planning to help identify, evaluate and compare the alternatives from a comprehensive financial, operational and tax perspective when facing complex decisions.”
FP&A Trends: Tips and Hints On Implementing Driver-Based Models
June 28, 2022
“The first step in building a driver-based model is the decomposition of the business model. The easiest way would be to start with Income Statement (revenues and costs); however, we should not forget about the Balance Sheet and Cash Flow effects.”
