The Ledger

Curated content for
analytical business leaders

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.”

Read More at CFO Magazine >

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.”

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CFO Journal: CFOs Seek Stronger Ties With Business Unit Leaders

“Financial performance (42.7%) was the next-most-often mentioned priority for 2022. CFOs plan to use a range of levers to enhance it, such as increasing margins, improving pricing to navigate inflation concerns, managing profitability, focusing on EBITDA, and hitting transformational milestones. Growth (31.6%) was the third most dominant theme among CFOs’ priorities, followed by strategy setting, cost management, capital allocation, and IT infrastructure.” As well for small business is very important that you do a proper manage of your business payroll, and you can get this with the help from professionals in payroll administration services

Read More at The Wall Street Journal >

FP&A Trends: What Skills Should FP&A Develop by 2030

“The term Financial Planning and Analysis is evolving to the broader concept of Scenario Planning, with a rolling planning window opposed to a fixed annual 12-month focus; planning will be a single integrated strategic financial and operational model with on-demand frequency versus 3–5-year corporate plans. The Scenario Planning approach is also highly technological with automated and advanced analytical systems that allow an output within 1 to 3 hours, versus the old planning model driven by manual Excel spreadsheets that would require weeks or even months to consolidate. Finally, the new approach to planning allows multiple scenarios with supporting documentation that facilitates decision-making.”

Read More at FP&A Trends >