Fpanda Club

SEPTEMBER 2, 2021

This process usually presumes the close collaboration of FP&A teams with business leaders and executives to align goals and expectations and create a common financial model of future revenues, costs and cash flows based on the external and internal factors and conditions.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Forecasting 130

CFO Talks

NOVEMBER 11, 2024

Financial Acumen : A deep understanding of financial principles, reporting, and analysis is fundamental. This includes proficiency in budgeting, forecasting, and financial modelling to make informed strategic decisions.

CFO 52

CFO Leadership Problem Solving Communication 52

VCFO

MAY 30, 2022

Jose is a senior finance professional with more than 30 years of experience in financial management roles in manufacturing and international energy ventures. His leadership skills have been honed through years of working strategically with CEOs, executive leadership teams, boards of directors, and building and mentoring diverse teams.

CFO 52

CFO Auditing Financial Modeling Leadership 52

The CFO College

AUGUST 31, 2021

If they have to rely on capital raising, it’s hard for companies to attract private or institutional investors in competitive markets without a great accountant and strong financial model. The deck includes: Bullet-proof financial model. Management team that shows prior proven success.

Startups 81

Startups Accounting General Ledger Forecasting 81

CFO News Room

FEBRUARY 5, 2022

The second method is preferable because financial modeling works best when it is transparent, detailed, and easy to audit. The trouble with piling all the calculations into a formula is that you can’t easily see what numbers go where, or what numbers are user inputs or hard-coded. .

Net Present Value (NPV) 130

Net Present Value (NPV) Investments Numbers Corporate Finance 130

Centage

OCTOBER 3, 2022

The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. The multi-dimensional model could also be challenging to envision, which may lead to errors and oversights. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Bramasol

APRIL 15, 2024

Interactive queries, such as identifying potential challenges with upcoming audits Proactive modeling and evaluations, such as impacts of pricing increases or discounts segregated by channels, geographies, etc. to drive financial models.

SAP 81

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 81

The Finance Weekly

JULY 19, 2022

FP&A teams are responsible for a variety of activities, including periodic financial close and consolidations, strategic and annual planning, monthly forecasting, cash flow forecasting, financial reporting, financial modeling, and what-if scenario planning and analysis. Strategic financial planning.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Forecasting Budgeting Planning 96

Spreadym

MAY 26, 2023

Spreadym combines the features of a complex corporate performance management system for automating operational and financial processes in enterprises and Excel spreadsheets. Users can create complex budgets that combine the information from all company division in one financial model that is related to the operating results of the enterprise.

Budgeting 52

Budgeting Forecasting Financial Modeling SAP 52

Spreadym

SEPTEMBER 27, 2023

Pros of SAP Business Planning and Consolidation Comprehensive Financial Planning: SAP BPC is known for its comprehensive financial planning capabilities, making it suitable for complex financial modeling and budgeting processes. You can start with a basic configuration and expand as your business grows.

SAP 59

SAP Budgeting Forecasting Auditing 59

CFO Talks

SEPTEMBER 12, 2024

Instead of relying on a single forecast, consider creating multiple financial models that reflect best-case, worst-case, and moderate scenarios. Actionable Steps: Conduct an audit of your current cost structure and identify areas where fixed costs can be converted to variable costs (e.g.,

Leverage 52

Leverage Forecasting Communication Economics 52

Centage

OCTOBER 3, 2022

The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. The multi-dimensional model could also be challenging to envision, which may lead to errors and oversights. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52

CFO Simplified

DECEMBER 12, 2021

Preparation for annual audits. CFOs are part of the company’s internal finance team just as bankers, and CPAs, are part of the company’s external finance team. Roles and Responsibilities in the accounting department include: Maintaining the books (Bookkeeping). AR/AP Accounts receivable and payable . Invoicing and collections. The Upshot.

Accounting 52

Accounting Finance Cash Flow Forecasting Quantitative Analysis 52

CFO Talks

MARCH 14, 2024

Building Flexible Financial Models: The ability to quickly adapt to changes is a competitive advantage. CFOs can lead the development of flexible financial models that account for various scenarios, including shifts in the global economy and potential technological disruptions.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

The Finance Weekly

JANUARY 21, 2024

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. These legacy financial models typically appear overly complicated.

Financial Planning and Analysis (FP&A) 40

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

Spreadym

AUGUST 10, 2023

Collaboration: Tools for multiple users to collaborate on creating, reviewing, and approving financial reports. Audit Trail: A record of changes made to financial data and reports, ensuring transparency and accountability. Security: Robust security measures to protect sensitive financial data and prevent unauthorized access.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) Accounting Standards CFO 52

The Finance Weekly

APRIL 13, 2024

Drill-down and audit control allow each finance team to understand and control every aspect of their budget and forecast. 2) Anaplan Anaplan is a cloud-based platform for financial modeling and planning, designed to assist businesses in modeling transactions, calculating commissions, and mapping the relationships among diverse data sets.

Financial Planning and Analysis (FP&A) 52

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

BlueLight

AUGUST 21, 2020

While at PWC I started writing business plans and creating financial models for startups. For the first few years, I was building financial models for founders that were fundraising. Ultimately, doing a spend audit is a particularly good exercise for any startup. before they became PricewaterhouseCoopers.

Planning 52

Planning Startups Marketing CFO 52

Future CFO

OCTOBER 20, 2021

During the fluctuating pandemic, skills in financial modelling that requires the incorporation of internal and external data including macroeconomic data as well as the skill of using AI and other predictive analytical tools in forecasting have become important on top of sophisticated accounting, auditing, and compliance.

CFO 52

CFO Leadership Finance Problem Solving 52

Cube Software

MAY 11, 2023

These financial modeling tools are one of the most important to help a company prepare for any kind of scenario imaginable and map out a future trajectory. Pro forma statements are financial projections that ask and attempt to answer "what if" questions. That's where pro forma statements come into play.

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

The Charity CFO

APRIL 15, 2022

I used to audit nonprofit organizations. Tosha Anderson: So, um, it was at that time that I realized how vulnerable nonprofits are when they don’t have good financial management. And there’s the other 20% of us that really like financial modeling and yeah. Geeking out on Excel spreadsheets.

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

Onplan

NOVEMBER 30, 2022

OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. The Basic level offers essential modeling and planning features, while the Professional and Enterprise plans offer additional security and compliance features, like Audits and App Lifecycle Management. Customers success.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JULY 31, 2023

His expertise spans financial analysis , budgeting, business partnering, financial storytelling, excel, and audit. Improved financial modeling and investment banking management are among the notable benefits that AI brings to growing companies.

Corporate Finance 52

Corporate Finance Finance Leverage Accounts Payable 52