The Ledger

FP&A Trends: The Key Steps to Fostering a Data-Driven Culture

“Technology is not the key issue to implement a data-driven culture within an organisation. The first crucial task is to determine the data strategy and focus on the business problem. To be successful though, embracing the changing culture is the most important aspect of all”

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CFO Journal: Moving Enterprise Business Planning Into Action

“Scenario modeling and predictive analytics are critical components of EBP’s one-model approach. For example, semiconductor demand is subject to volatility, as the need for chips must react to demand from multiple industries. Moreover, supply is constrained by the availability of critical inputs. Robust scenarios provide management with a ready course of action as incidents occur. Predictive analytics can also leverage external macro data to better inform those scenarios.”

Read More at The Wall Street Journal >

SF Magazine: From Controller to CFO

Some of the ways that controllers provide increased value:

• Driving finance transformation through automation and process improvement
• Overseeing the integrity of financial data coming from technology systems within the enterprise
• Providing enhanced information for decision making and resource allocation
• Increasing speed in reporting critical information and decision makers

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Industry Week: Digital Transformation Is Increasingly about Reimagining Manufacturing’s Business Model

“Technology will play an inevitable role in the future of manufacturing. As everybody across the manufacturing ecosystem—suppliers, manufacturers, OEMs, and distributors—embraces the digital evolution in some form or fashion, the choice is no longer whether or not to go digital but instead how fast they can do so.”

Read More at Industry Week >