The Ledger
Curated content foranalytical business leaders
CFO Magazine: 3 CFO Priorities for An Unstable Time
“CFOs are asking their crews to sail across the ocean without a map. Finance chiefs need to step up their focus on reliable demand forecasting.
Technology can be a major help. Has your company’s finance group started using digital tools such as predictive analytics and business visualization applications? These tools improve management’s understanding of business drivers and their impacts.”
CFO Journal: The CFO Agenda
“Although weekly reforecasting or monthly scenario planning may wane as the pandemic does, CFOs are not likely to revert to their prior ways of doing things. As a result, CFOs will likely have to demonstrate their own agility as leaders, equipping the enterprise with what it may need most: insight on what drives its value and fulfills its purpose and options to maximize both.”
Supply Chain Dive: ‘One thing after another’: More Disruption Looms Over Semiconductor Market
“The cascading supply threats come amid record demand from semiconductor customers, as they increasingly incorporate chips into phones, automobiles and appliances. And semiconductor stock levels have dropped 43% in the past two years to reach the lowest point in over a decade, according to an Avnet report.”
CFO Dive: CFOs Cling to Spreadsheets Despite Their Limits as FP&A Tool
“The biggest complaint among spreadsheet users is the time required by manual processes to complete even basic tasks, such as budget preparation.
“With so much time spent on manual processes, the analysis part of Financial Planning and Analysis gets lost,” the report says.
It takes between four weeks and three months for the typical organization to complete its annual budget, after which more time is spent correcting mistakes and updating data.”