Jedox Finance

APRIL 8, 2021

Most strategic and operational planning processes in organizations are based upon three recurring stages: Plan: The decision-making phase where organizations set a direction (budget, sales goals, etc.). Analyze: Using information and knowledge from the data the organization collected over time. an approved budget).

Data Analysis 89

Data Analysis Forecasting Analyzing Data Budgeting 89

Jedox Finance

APRIL 9, 2020

A modern enterprise performance management solution helps decision makers to prepare and analyze data and share insights. Plans and budgets can thus be continuously and automatically adjusted to take account for rapidly changing circumstances. Better agility increases resiliency.

Analyzing Data 84

Analyzing Data Budgeting Planning Economics 84

Fpanda Club

FEBRUARY 5, 2024

Get the basics right Advancements in automation, data practices, and innovative systems make it much easier to generate financial and non-financial insights. This is supposed to enable finance professionals to devote more time to interpreting and analyzing data, offering meaningful insights that contribute to better decision-making.

Finance 130

Finance Analyzing Data Benchmarking Communication 130

Centage

MAY 31, 2022

For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data. In fact, according to a recent survey by Centage FP&A Trends, 61 percent of respondents said budgeting and forecasting was their top priority.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Forecasting Planning Analyzing Data 92

The Finance Weekly

DECEMBER 15, 2024

Whether youre a CMO or a marketing operations manager, the challenge of making the most of your budget while hitting your targets is no small feat. Analyze Data: Take a closer look at who your audience is, what they care about, and how they behave. Your budget dictates whats possible, so its crucial to allocate it wisely.

Planning 52

Planning Marketing Auditing Budgeting 52

The Finance Weekly

AUGUST 30, 2022

Today, the average FP&A analyst , only spends 25% of their time analyzing data , while the other 75% of their valuable time is spent on activities such as collecting and cleaning the data. In 2018 , Jedox was awarded for Excellence in Budgeting Transformation, and won the CFO Innovation Editor’s Choice Award.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Analyzing Data Budgeting Startups 95

Lime Light

OCTOBER 20, 2022

Typically, when it comes to planning for operational expenses, finance team members make use of Excel spreadsheets to collect inputs from budget users, which involves manual inputs, back-and-forth emails, and manual consolidation of multiple Excel files. Here are a few common issues: Versioning issues : “Opex Budget Template Version 7 final”.

Budgeting 52

Budgeting Analyzing Data Auditing Financial Data 52

The Finance Weekly

NOVEMBER 8, 2022

From accounting and payroll management to budgeting and forecasting, finance is the reason and numbers behind every bit of data that passes through the organization. All of this allows finance professionals to spend more time analyzing data instead of conducting manual and repetitive work. How each winner was chosen?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

Centage

DECEMBER 13, 2021

Now more than ever, FP&A teams need to forecast, budget and plan on a monthly, and sometimes even a weekly, basis, but for many, that’s a tall order, especially if they rely on spreadsheets to reforecast and provide strategic advice on a regular basis. This is what we heard: Collaboration & Coordination. Watch Demo.

Financial Planning and Analysis (FP&A) 84

Financial Planning and Analysis (FP&A) Technology Forecasting Budgeting 84

PYMNTS

JUNE 9, 2017

You give AI technology the target — and you let it manage the budget as well — and then what it does is it automatically bids, buys, places and optimizes all of the creative materials you give to it,” said Subramanyam. “It It behooves a company to create lots of raw creative materials for the AI to play with.

Analyzing Data 71

Analyzing Data Retail Technology Budgeting 71

CFO Talks

NOVEMBER 20, 2024

The challenge of analyzing data, identifying trends, and making informed decisions based on complex factors inspired me to learn more. Start with deepening your understanding of financial planning and analysis, budgeting, and forecasting to support data-driven decisions.

CFO 52

CFO Prioritization Leadership Communication 52

The Finance Weekly

DECEMBER 20, 2023

The software includes features for budgeting, planning, reporting, and workforce planning. Key Features: Easily analyze data from various perspectives. Cube ,, Cube is a tool that assists organizations in managing their finances, budgets, forecasts, and headcount planning. Offers a quick overview of the General Ledger.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

The Finance Weekly

DECEMBER 20, 2023

In the end, the selected tool should seamlessly link your data, offer user-friendly features, and stay flexible to meet your business requirements, enabling you to stay nimble and proactive as your business expands. It helps manage financial and operational data, promotes teamwork, and offers instant insights for better decision-making.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger Budgeting 52

Centage

SEPTEMBER 27, 2022

Also known as FP&A, financial planning and analysis refers to various planning and budgeting activities that help a company to make savvy decisions regarding its long-term goals. By identifying budget variances, companies can better assess how changes will cascade through the rest of the fiscal year.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Reporting Forecasting Budgeting 52

CFO News Room

NOVEMBER 4, 2022

While 58% of companies in our dataset have a dedicated DEI budget, just 21% of companies have a senior role fully dedicated to DEI. This client was able to have an impact on a short time horizon by being laser-focused on hiring and measuring data to track progress toward the desired changes. Source link.

Investments 100

Investments Leadership Accounting Analyzing Data 100

Spreadym

JUNE 27, 2023

It involves forecasting, budgeting, analyzing, and reporting financial information to support strategic planning and operational decision-making. This involves projecting revenues, expenses, and other key financial metrics based on historical data, market trends, and business strategies. The primary objectives of FP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

Boston Startup CFO

FEBRUARY 1, 2023

No budgeting process in place A budget is a financial plan that outlines how you will allocate your resources over a certain period of time. Explaining your financial data : A CFO can help you understand your financial data, such as your income and expenses, and use it to inform your budgeting decisions.

CFO 40

CFO Startups Cash Flow Forecasting Budgeting 40

Collectiv

NOVEMBER 16, 2021

Highlighting budget changes on a certain project. Analyzing inventory, impact, price, and/or volume. Microsoft’s built-in KPI visualization allows you to take one number— a forecast or a budget—and compare it against itself. Maps allow users to efficiently interact with your data or drill into the data.

Financial Reporting 75

Financial Reporting Profit and Loss Budgeting Analyzing Data 75

Centage

DECEMBER 14, 2023

Forecasting errors are an inevitable part of the budgeting process. Understanding and addressing these errors is crucial for effective budget management. Quickly identifying forecast errors in your budget is not a sign of failure, but an opportunity for improvement. There’s no such thing as a flawless budget.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Budgeting Analyzing Data 40

Jedox Finance

MARCH 7, 2023

Retailer accelerates budgeting and reporting 2. Chemical manufacturer plans for any scenario Integrating cross-organizational data 3. Cleantech provider integrates data seamlessly 4. Wholesale data was extracted and stored separately, and running macros took up to one hour during the planning and budgeting process.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting SAP 52

CFO Share

JUNE 20, 2024

When interviewing, I look for people who listen actively, ask provocative follow-up questions, and refuse to let me settle for the intuitive decision without analyzing data. An ideal Fractional Chief Financial officer will first seek to understand your business and vision, then respectfully challenge your ideas. This is a good sign.

CFO 52

CFO Analyzing Data Communication Budgeting 52

Collectiv

JUNE 13, 2023

Additionally, the manual nature of these spreadsheets makes the process prone to human error when inputting, interpreting, and distributing data. By contrast, a tool like Power BI makes it easier (and quicker) to reliably collect, organize, and analyze data.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

The Charity CFO

OCTOBER 9, 2024

To achieve this, fundraising software is flexible and customizable to meet the unique needs of different campaigns and donor interactions.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

PYMNTS

SEPTEMBER 4, 2019

“But if you need 12 months, you have to apply machine learning to the patterns that you see, pull out [information] from the sales pipeline in the CRM [customer resource management] system, commitments from longer-term contracts, purchase order details, bank data, your budget, etc.”. But that data is siloed and often unstructured.

Cash Flow Forecasting 61

Cash Flow Forecasting Accounting Forecasting Accounts Payable 61

Planful

MARCH 18, 2019

Department Budget vs. Actual Reports. Every department in the business is responsible for a budget. Throughout the month, department managers need help from the FP&A team to understand how actuals are tracking against their budget targets. This is a high-impact value-add to the organization. Operation Review Reports.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Financial Reporting Cash Flow Forecasting Forecasting 40

Planful

FEBRUARY 2, 2017

To support this, EPM includes the following management processes: Budgeting, planning, forecasting and modeling. Analyzing performance vs. plan, prior years, across divisions or products. Packages such as Hyperion Pillar helped manage the process of budgeting and planning across the enterprise.

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

PYMNTS

DECEMBER 27, 2017

There are many tools available to harvest data about your customers and stakeholders, both internally and externally: CRM systems, social media analytics, web analytics and more. Some smart systems have all this data available in one platform. As response rates for paid media dwindle, the interest in earned media is growing.

Analyzing Data 46

Analyzing Data B2B Budgeting Communication 46

The Finance Weekly

AUGUST 30, 2022

Today, the average FP&A analyst , only spends 25% of their time analyzing data , while the other 75% of their valuable time is spent on activities such as collecting and cleaning the data. In 2018 , Jedox was awarded for Excellence in Budgeting Transformation, and won the CFO Innovation Editor’s Choice Award.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Analyzing Data Budgeting 52

The Finance Weekly

NOVEMBER 27, 2022

As an example, before xP&A, the parts of the finance team that would work on demand planning would traditionally only be able to use supply data due to data and time constraints. The advantages will then spread to the rest of the company as well. The role of FP&A software tools in xP&A.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Leadership 52

The Charity CFO

AUGUST 16, 2023

Therefore, measuring data on a quarterly basis may be more effective when it comes to the NPO’s website as opposed to week over week or month over month analytics. NPOs also work on a conservative budget basis, meaning that they can stretch a dollar.

Nonprofit 52

Nonprofit Marketing Analyzing Data CFO 52

PYMNTS

MARCH 16, 2017

The company also allows Shopify’s eCommerce merchants to compare various cross-border service providers, similar to how Kayak.com compares airline routes and prices, so they can choose a provider that meets their specific budget and timeline. Cost of Delivery. We get less and less surprised as we grow the network,” he said.

eCommerce 43

eCommerce B2C Analyzing Data Budgeting 43

The Finance Weekly

MARCH 22, 2022

But the consensus in corporate finance is that FP&A describes plan creation (mainly financial), analyzing data, and interpreting its meaning with the aim of providing senior management with information to support strategic leadership and operational decision-making. Financial Planning & Analysis is more difficult to define.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Corporate Finance Analyzing Data 52

Jedox Finance

AUGUST 6, 2019

In the past, what made you a successful FP&A professional was your technical skills like Excel modeling and ability to analyze data. A radically different skills model. To some extent that will always be the backbone of FP&A, yet they are not the determinants for your future success.

CFO 52

CFO Analyzing Data Communication Finance 52

Collectiv

OCTOBER 12, 2021

Even if you’re not a developer, it’s possible to create highly complex applications without spending a huge chunk of your budget or waiting around for months or years. If you’re looking for someone to thank…thank the low-code no-code approach.

Analyzing Data 59

Analyzing Data Budgeting Securities Planning 59

Collectiv

SEPTEMBER 26, 2023

Approval Flows Approval flows automate the process of requesting approval for things like invoices, budgets, or scheduling requests. Monitoring and Analyzing Data Keeping data organized manually is very time-consuming.

Analyzing Data 52

Analyzing Data Communication Invoicing Budgeting 52

Planful

APRIL 29, 2021

With so many shifts in recent years, from workplace policies and company structures to digital transformation and constantly evolving markets, there’s always going to be a need for immediate, granular data to make accurate forecasts. Microplanning requires the ability to pull and analyze data on the fly.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Finance Analyzing Data 40

CFO Leadership

DECEMBER 15, 2022

Beyond SAF, EU organizations will monitor sustainability efforts and track toward cleaner habits in three ways: by making emission rates more visible, allowing users to set a carbon budget, and surfacing nonstop flights over ones with layovers—even when it could save the company money. . Nina Herold, EVP, GM, TripActions Travel.

Mergers and Acquisitions (M&A) 97

Mergers and Acquisitions (M&A) Budgeting Leadership Analyzing Data 97