The Ledger

CFO Magazine: Growing Pains: Stuck on Excel

“But “Excel is not a good tool when you’re seeking to coordinate the operation of a multinational company,” said Bruce Lynn, managing partner of The Financial Executives Consulting Group (FECG). “I have my spreadsheet, you have your spreadsheet, everybody else has their spreadsheets, and none of them talk to each other.”

Still, many finance departments are reluctant to let go of Excel even when more powerful purpose-built applications are available.”

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FP&A Trends: Financial Planning and Analysis: Relevant, Reliable and Agile

“Scenario Planning is key, but it needs to be predicated on the right business drivers, run at the right frequency, and address the right business questions.”

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Global Finance Magazine: Navigating The New Wave Of Food Price Hikes

“With the warring countries accounting for around one-third of global wheat exports, prices are at an all-time high, but that’s just the tip of the iceberg. In addition, sanction-hit Russia is a major exporter of fertilizer ingredient potash, a shortage of which could lead to lower yields and higher prices for a range of crops. Fuel prices are also making logistics expensive.”

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FP&A Trends: Practical Cash Flow Modelling – A Technological Perspective

“A spreadsheet is not a database, it is a personal productivity tool. Data, structure and business rules are all mixed together in an insecure environment that is prone to corruption. In my view, even the most sophisticated cash flow spreadsheet is no more than a prototype.”

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