The Ledger

Deloitte: Crunch Time Series for CFOs: Finance 2025 Revisited

This Deloitte report re-visits their 8 finance trend predictions for CFOs in 2025:

“Finance will, as predicted, focus more on service, analytics, and business insights, all of which mandate new capabilities. CEOs will continue turning to Finance for an integrated view of business performance, as they did
during the pandemic. Financial planners will need to bake operational components into financial models to assess potential top- and bottom-line impacts—even as the goalposts keep moving.”

Read More at Deloitte >

CFO Dive: Work Backwards When Replacing Legacy Systems, Accounting Specialists Say

“When replacing your legacy finance and accounting system with something automated and cloud-based, first understand what both you and your non-finance business users need out of the system, and organize implementation around that.”

Read More at CFO Dive >

SF Magazine: Forecasting the Future

5 ways to use predictive analytics:

1. Expand the data available
2. Tools: Start small and add on
3. Use scenario planning
4. Address the knowing-doing gap
5. Model building: Think causality

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SF Magazine: Leverage Procurement to Build Resilience

“Statistically speaking, three-quarters of the incurred external costs of any business start with suppliers. It varies by sector, and different businesses have different needs and purchase requirements. The guiding principle remains the same, with the vast majority of Fortune 500 companies all incurring far greater external costs than internal ones, making effective supply-chain management an asset to the finance function.”

Read More at Strategic Finance Magazine >