The Ledger
Curated content foranalytical business leaders
McKinsey: The CIO agenda for the next 12 months: Six make-or-break priorities
“The biggest issue with data is that there’s so much of it that companies have tremendous difficulty making sense of it. Data users can spend between 30 to 40 percent of their time searching for data and 20 to 30 percent on cleansing it. The result is often a kind of data drunkenness where companies chase after different ideas in an uncoordinated and disjointed fashion. In effect, they’re trying to manage the scale rather than extract the value.”
CFO Journal: Reduce Misstatement Risk While Creating Value
“Advanced technology, including automated workflow and controls testing, is an increasingly common feature of a modern internal control environment. These tools can provide real-time information and seamless communication among critical stakeholders—control owners, the internal controls team, and external auditors—to provide an efficient, effective program.”
CFO Magazine: The ABCs of CPM Software
“While some CFOs are ahead of the curve in using CPM, most are not. They often see spreadsheets as the quickest and fastest way to stand up some level of CPM-related competencies. Unfortunately, that approach is usually not very successful.”
FP&A Trends: What is Integrated FP&A?
“FP&A is all about managing the value of the company through understanding, describing the value through models, supporting decision making, telling the story, and communicating to the stakeholders. Integrated FP&A involves harmonising the three levels of planning – Strategic, Financial and Operational levels”.