The Ledger
Curated content foranalytical business leaders
CFO Journal: CFOs Seek Stronger Ties With Business Unit Leaders
March 8, 2022
“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.
FP&A Trends: What Skills Should FP&A Develop by 2030
March 7, 2022
“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.”
CFO Journal: Finance at the Center of Data and Analysis at Coca-Cola
March 4, 2022
“The power of having datasets and data systems that can integrate with each other and connect with others across the enterprise is enormous. That is a big part of what we are doing now. Finance has a critical role to play—to set the tone, to inject the focus and the discipline, and to make sure that we stay the course, working closely with our functional and operational counterparts.”
FP&A Trends: My Top Five Predictive Planning Lessons
March 4, 2022
“Ask people what predictive analytics is about – they might mention a crystal ball or sci-fi novels. In practice predictive analytics has nothing to do with black magic or rocket science. It is a proven and robust technology, based on math, that can bring concrete benefits to finance organisations, when rightly used.”
