The Ledger
Curated content foranalytical business leaders
Global Banking & Finance Review: The Impact of Covid-19 on Planning
October 27, 2020
“The Hackett Group’s EPM Performance Study revealed that top-performing FP&A organizations have invested more in technology, which has enabled them to run more analysis and deliver reporting faster and more efficiently. Of top performers, 67% have implemented a primary financial planning and forecasting system to consolidate corporate and country, region or BU information.”
SF Magazine: Financial Reporting During the Pandemic
October 26, 2020
It’s valuable for financial reporting professionals to reconsider not only the information needed for these projections, but also to reconsider their reliance on the existing patchwork of solutions and spreadsheets that slow down the process. Systems improvements can facilitate the development of critical estimates and create the supporting documentation, an evidentiary trail of review and oversight by senior management, audit committees, and auditors.
CFO Magazine: The CFO of 2030
October 26, 2020
“those CFOs that were best able to weather this storm are the very same CFOs who really represent the future of the function. They are the ones who are close to the data.”
WSJ: Anticipate, Test ‘What If’ Scenarios With Analytics
October 12, 2020
“As organizations navigate the many issues they’ve had to address in recent months, some may be capturing and documenting their decisions and actions so the information can be leveraged as part of future continuity planning. Indeed, the insights gained through the pandemic can be helpful in preparing for other events or scenarios, whether in isolation or in combination with others, where the consequences are significant, but the likelihood is low. However, there may be more organizations can do to build their resilience and prepare for possible future disruptors.”
