The Ledger

SF Magazine: Financial Forecasting Amid COVID-19

“Companies are missing opportunities to grow revenue and improve margins by approaching the data they collect too narrowly.”

Here are “three steps to move toward dynamic planning”:

1. Democratize your data
2. Bring financial data into operations
3. Bring financial data into strategy

Read More at SF Magazine >

CFO Journal: What Are Your Supply Chain’s Weakest Links?

Duties that CFOs are having to take responsibility for in relation to their company’s supply chain have been on the rise after a year of an unpredictable supply chain. Here are some things that will take precedent so that CFOs can keep up and prepare to identify critical bottlenecks and prepare for long-term disruptions:

1. Supporting the supply chain function
2. Improving supplier data collection
3. Upgrading metrics
4. Creating a playbook

Read More at Wall Street Journal >

Forbes: Accounting And Finance Tech Transformation In Hyper-Drive

“The tech revolution that is transforming business is not just about technology. It is about the humans behind the technology, and their ability to leverage these new and exciting tools in ways that add value to the business.”

Read More at Forbes >

CFO Dive: CFOs Facing an Unprecedented Range of Risks Find an Edge in Analytics

There are better ways to plan your business finance strategy than on a spreadsheet with old data!

““I’m afraid a lot of firms today do their forecasting on the back of an envelope,” Keating said. “The use of predictive analytics is a very important way to compete.””

Read More at CFO Dive >