The Ledger

Curated content for
analytical business leaders

FP&A Trends: Rolling Forecasts: The Important Role of Technology

“Year-end forecasts help to make the decisions required to achieve annual goals. However, they can be relatively inflexible. Due to the time needed for preparation, they are also based on data that may be halfway up to date when creating the forecast but quickly become outdated during the fiscal year. This is where introducing Rolling Forecasts is particularly valuable for organisations in industries and markets with high volatility.”

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SF Magazine: Facing the Fourth Industrial Revolution

“The FIR will require leadership to ensure members of the profession develop the skills necessary to grow into the next generation of accounting leaders. This is the opportunity to embrace the benefits of new technology and to step away from some of the early-career tedious mechanical tasks.”

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Harvard Business Review: 4 Principles to Guide Your Digital Transformation

“Clearly, digital transformation is no longer an option, but an imperative. In fact, recent research from Accenture has found that in the three years prior to 2018, firms who led their industry in enterprise technology adoption grew two times faster than laggards. Today, they are growing five times faster. The risk is no longer merely getting left behind, but being eliminated altogether.”

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Industry Week: A National Supply Chain Dashboard Could Prevent Bottlenecks—but It’s Not There Yet

“To improve supply chain efficiency and resiliency, this dashboard must collect and share granular-level real-time data about container movements at the ports; train and truck movements to and from warehouses; and inventory movements to retailers. It is essential for the government to cooperate and collaborate with private companies to collect and aggregate this requisite data. Only by analyzing this data can one predict supply chain performance in the near future.”

Read More at Industry Week >