The Ledger
Curated content foranalytical business leaders
CFO Dive: Driver-Based Budgeting Touted for Integrating Financial and Operational Planning
August 25, 2021
“Driver-based budgeting links real resources and activities to your budget, and most FP&A organizations are striving to achieve that. From my perspective, it really acknowledges that the budget is the articulation of a series of operational items or activities. It’s different from traditional budgeting in that it shifts the focus to outcomes, and that’s ultimately how you drive your annual budget.”
CFO Dive: Transformation Starts with Fixing One Big Tech Problem, Former Oracle CFO Says
August 24, 2021
“Where much of the value-add comes from today from a technology standpoint is in the specialized applications that surround the ERP, and that’s where finding out where the pain points are, or bringing in a business systems team, can make a difference in how well the CFO tech stack is adding value to the broader organization’s business goals.”
CFO Dive: Making FP&A Analysts the CFO’s Braintrust
August 23, 2021
“The goal is to identify levers in each function area that drives that part of the organization’s overall success, put a dollar amount to the levers so leadership can know how much spend will result in how much improved performance, and then course-correct as the metrics rise or fall.”
Industry Week: Visibility Is Everything in the New Automotive Supply Chain
August 20, 2021
“Traditionally, it has been very difficult to create a line of sight through an entire automotive supply chain for a variety of reasons, including a lack of trust and communication between stakeholders, reliance on poor volume forecasts and outmoded data management systems. The result is an unknown number of potentially disastrous threat vectors that remain buried until it’s too late to avoid them.”
