The Ledger

Forbes: Why Today’s CFO Must Embrace Enterprise Strategy

“Aspiring finance professionals need to be agile and curious. We need critical thinkers who understand business value drivers and are adept at allocating resources towards the activities that will drive the highest returns on investment. People in financial roles need to be more tech savvy than ever to leverage automation and eliminate mundane transactional work. By creating “time to think,” finance professionals can deliver more timely, actionable insights to the business.”

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CFO Magazine: Prakash Hariharan: ‘CFOs Need to Have a Good Partner Ecosystem’

“However, we believe in order for you to be able to manage a problem like [inflation], you need to have the ability to make some forward-looking decisions coupled with a few scenarios. Think about scenario analysis as a method that organizations are now using to make flexible medium to long-term plans. You start with identifying one of your driving forces — it could be around revenue, cost, or margin — and then you identify the uncertainties within this broader objective, and then you develop models. And as the scenarios play out, you get to execute a set of predefined actions.

All of that requires you to get data insights across the enterprise, and maybe outside the enterprise as well. A few forward-looking statistical models. And as you learn more in terms of the evolving situation, you need to act — you need to hone in on one of the [levers] or scenarios that you can take a set of actions.”

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CFO Magazine: Using Automation to Supercharge FP&A Teams

“How do you know if your company actually needs or stands to benefit from automation? If your team is over-reliant on spreadsheets, spends hours manually entering data, and has trouble processing and disseminating that data to decision-makers, you could be a prime candidate.”

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CFO Dive: Small Businesses See Inflation as No. 1 Challenge

“Rising prices for months have disrupted CFO budgeting, risk management, forecasting and pricing, and show no signs of easing.”

Read More at CFO Dive >