Future CFO

APRIL 12, 2023

This cover maximising the workload of the financial team, automating the financial administration process, as well as easing the financial data analysis," he added. Looking inward, Nurfadhli said the setup has accelerated the real-time decision-making process, including financial management.

Finance 98

Finance Benchmarking CFO Data Analysis 98

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Spreadym

SEPTEMBER 19, 2023

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Variance Analysis: Implement a system for regularly monitoring and analyzing budget variances (differences between budgeted and actual figures).

Forecasting 59

Forecasting Budgeting Cash Flow Forecasting Benchmarking 59

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Here are some more key practices that leverage technology to enhance collaboration, streamline accurate forecasting and reporting, and unlock more time for high-value strategic analysis.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Risk Management Leverage 40

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process.

CFO 52

CFO Marketing Cash Flow Forecasting Forecasting 52

The Finance Weekly

FEBRUARY 21, 2024

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. Introducing Datarails Connect, a pioneering solution from Datarails, recently acclaimed as one of the Fast 500 companies in 2023 by TechCrunch.

Finance 40

Finance Benchmarking Data Analysis Leverage 40

Spreadym

JUNE 29, 2023

Review historical data Analyze past revenue performance, identify trends, and understand the factors that influenced revenue generation in previous periods. This analysis helps in setting a baseline for future revenue projections. Targets may be set for the overall organization, specific business units, products, or customer segments.

Planning 52

Planning Forecasting Benchmarking Sales 52

Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit 52

Nonprofit Leverage Analyzing Data Budgeting 52

Centage

APRIL 12, 2022

Our goal is to establish benchmarks, identify trends, and support on-going development of products and services that best fulfill our customers’ needs. Moreover, we continue to engage with this audience through our Annual FP&A Trends & Insights Report to gain a better understanding of priorities and areas of focus for the year ahead.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

AUGUST 30, 2021

Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. As the pandemic continues to unfold, finance teams are heavily reliant on Controllers to gather and analyse snapshot data to manage bottom-line projections.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Problem Solving CFO 52

Centage

SEPTEMBER 5, 2023

Three: Benchmark Industry Profitability Ratios Your profit margin might look weak to you, but is it? Benchmark your industry before looking at your profitability so you know what to aim for. Different industries have different levels of profitability. Real estate, health care, and financial services tend to have high profit margins.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

APRIL 15, 2016

“There is very little use of data in collaboration across the supply chain,” said Barnett, “and data, for these companies, resides in a lot of locations,” which leads to inefficiencies and missed opportunities. A poor reputation can offer warning signs of poor performance.

B2B 40

B2B Benchmarking Manufacturing Communication 40

Collectiv

FEBRUARY 2, 2022

In this class, drill down on topics like advanced PowerQuery, M Coding, advanced modeling techniques, and using Data Analysis Expressions (DAX). Benchmarking adoption helps users continuously learn to use Power BI and be rewarded for their efforts. Specialized training for IT support staff.

Education 52

Education Benchmarking Data Analysis Prioritization 52

Future CFO

FEBRUARY 15, 2021

He also suggests comparing your organisation to your peers in other markets, identify the right set of benchmarks for your business. “If 36% agree that there is a need to increase their finance headcount in finance to focus more on valuable activities such as data analysis and forecasting.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Planful

DECEMBER 28, 2016

The Hackett Group benchmark research shows that world-class companies will consolidate and close the month-end books within 3 days, and report within 2 days. Look for opportunities to simplify and streamline the process, while ensuring integrity of the data. This includes looking at industry benchmarks and implementing best practices.

Benchmarking 40

Benchmarking Reconciliations Data Analysis Technology 40

Future CFO

MAY 26, 2020

Soriano noted that irrespective of where they are in the world, finance professionals face a major skills gap—particularly when it comes to digital finance skills such as data analysis and data visualization, technical skills such as forecasting and modelling, and soft skills like visual storytelling. “FP&A

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Treasury Education 40

Barry Ritholtz

FEBRUARY 13, 2023

And because remember, Lehman had the Lehman Agg and that was the benchmark. There is above benchmark returns to be generated by active selection of credit quality duration and specific bonds. They’re using, you know, sort of our methodology around data analysis, and making sure we’re keeping our kids up to a level.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Marketing Education 59

Global Finance

DECEMBER 6, 2024

These include first-class risk analytics and portfolio management services that serve as a benchmark for many in the industry. This AI-powered wealth management platform utilizes extensive data analysis to make asset allocation decisions and predict market trends. As a result, the bank attracted more than 5,400 new clients.

Banking 89

Banking Education Leadership Investments 89