The Ledger

Industry Week: The Complex Choreography of Supply Chain Resilience

“Building a resilient supply chain requires precise forecasting, the ability to rapidly adapt to short-term situations, supply chain flexibility, and being able to detect problems at an early stage. These capabilities must be captured in processes that rely on decision-making based on data available any time, any place.”

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CFO Journal: By Stepping Up, Controllers Can Keep Pace With New Demands

“As CFOs turn their attention to these enterprise-level and business model transformations, they often rely more on their controllers to drive finance transformation. Why? Controllers are critical to the three outcomes finance transformation seeks to deliver: enhanced information for decision-making and resource allocation; increased speed in reporting critical information to decision-makers; and increased productivity, cost efficiency, and capabilities of the finance organization.”

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SF Magazine: Budgeting Revisited

6 things to consider when innovating your budget:

1. Corporate Culture

2. Comprehensive Approach

3. Strategy & Scenario Planning

4. Relative Target Setting

5. Compensation System

6. Flexible Planning

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CFO Journal: CFOs Target FP&A, Analytics for Improvement

“Among core finance functions, 63% of CFOs cited FP&A as the one they would most like to improve. Perhaps because of the increased demand on FP&A teams during the pandemic—from providing robust scenario modeling to monitoring and maximizing key priorities such as cash flow and liquidity—CFOs may have gained a clearer vision of how they’d like to reinvent FP&A.”

Read More at Wall Street Journal >