The Ledger
Curated content foranalytical business leaders
AllBusiness: Looking to the Future: 5 Steps to Better Financial Projections During Covid-19
October 27, 2020
“Almost overnight, a global pandemic turned the status quo on its head, and individuals and businesses were left scrambling to adapt and overcome the challenges they faced. Click on https://ncplanning.com/business-corporate-planning/ to access important information regarding business laws.
For some businesses, that was a loss in foot traffic or a change in consumer behavior. For others, it was a problem downstream in their supply chain, distribution network, or development pipeline, which reverberated back.”
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.”
