The Ledger

Curated content for
analytical business leaders

FP&A Trends: Tips and Hints On Implementing Driver-Based Models

“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.”

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CFO Dive: Practical Tips for Forging a Stronger CFO-COO Partnership

“COOs are learning to recognize the value of the CFO perspective as beyond that of a mere “numbers cruncher.” Empowered CFOs are emerging from their cost-center cocoons for more than quarterly earnings calls. They are morphing from gatekeepers focused on margins and discounts, to respected voices weighing in on enabling and achieving business outcomes.”

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CFO Dive: Technology Literacy is Key for Candidates Aspiring to the CFO Seat

“The study of 500 current CFOs as well as CFO aspirants…found a growing desire among respondents to unlock their organization’s data for greater exploratory views and analysis. Both current and aspiring CFOs cited beliefs that greater access and usage of such data could help to drive forward innovation for their organizations.”

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CFO Journal: How CFOs Can Drive More Value Through IT

“In the not-so-distant past, finance leaders typically played a limited role in IT, periodically huddling with CIOs to scrutinize the figures in proposed initiatives or budgets. The discussion has now expanded into an ongoing conversation about how best to leverage tech spending to support the company’s strategic goals. That changing dynamic mirrors the critical role technology now plays in the enterprise, driving value and sharpening competitive advantage.”

Read More at The Wall Street Journal >