VCFO

NOVEMBER 1, 2023

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. It seems obvious, but actively reviewing actual vs. planned results and understanding the variables at play is imperative to identifying areas of improvement. It is important to ensure that is happening.

Finance 88

Finance Strategic Planning Auditing CFO 88

Fpanda Club

APRIL 18, 2022

SWOT SWOT stands for the analytical tool to uncover Strengths, Weaknesses, Opportunities and Threats and is frequently used in strategic planning exercises. Within the FP&A function SWOT analysis can be used, for example, in self-assessment purposes which can be done with the help of internal customers and benchmarks.

Financial Planning and Analysis (FP&A) 130

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

Spreadym

JUNE 27, 2023

What is Financial Planning and Analysis or FP&A? FP&A is a process used by organizations to develop and manage their financial plans and make informed decisions based on financial analysis. What is Financial Planning and Analysis? Why Financial Planning and Analysis (FP&A) is important?

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

JULY 14, 2024

Are you planning for a Saturday night? How about, planning to buy a house in the next five years? That’s exactly how Long-range Planning (LRP)works – not only for individuals but for businesses as well. It also differs from mid-range strategic planning processes. Welp, that’s kind of short-ranged!

Planning 52

Planning Leadership Budgeting Financial Analyst 52

VCFO

MARCH 2, 2023

Some may think that makes financial management and strategic planning in a professional services firm simpler. This approach often manifests itself through mental exercises of “we did X in revenue this year and want to do Y% more next year,” but lacks sufficient thought and planning as to how that’s going to happen.

Strategic Planning 62

Strategic Planning CFO Budgeting Planning 62

Fpanda Club

FEBRUARY 5, 2024

Moreover, over 30% of finance leaders still do not have a seat at the table during strategic planning discussions. The State of Strategic Finance. Vena Industry Benchmark Report 2022. However, 22% of business managers don’t consider any other financial implications but revenue when making operational decisions.

Finance 130

Finance Analyzing Data Communication Benchmarking 130

Boston Startup CFO

APRIL 12, 2024

13-week Cash Flow Forecasting We offer a comprehensive and forward-looking approach to cash planning.

Planning 40

Planning Cash Flow Forecasting Financial Modeling Forecasting 40

Spreadym

JUNE 8, 2023

Planning, budgeting and forecasting for a business are three distinct financial management tools used in business, each serving a different purpose. Key differences between planning, budgeting and forecasting for a business Here are key difference between planning, budgeting and forecasting for a business.

Forecasting 52

Forecasting Budgeting Planning Risk Management 52

CFO Talks

JULY 4, 2024

For instance, retail businesses need to benchmark their payment solutions against industry standards and customer expectations to ensure seamless and efficient transactions. Key Takeaway: CFOs should develop strategic plans for the integration of digital currencies into their financial systems.

CFO 52

CFO Strategic Planning Currencies Prioritization 52

VCFO

SEPTEMBER 21, 2023

Whether the plan is a near term sale or a sale transaction in the distant future, proactively identifying and adopting the right strategies and activating the optimal value creation levers will result in the maximization of value and the accomplishment of owner overall financial objectives. Discussion of several common adjustments follows.

Valuation 84

Valuation Marketing Benchmarking CFO 84

VCFO

MARCH 17, 2023

A benchmark exercise can also provide insight here. Transparent conversations provide an avenue for issue resolution, continuous improvement, and dialogue around ways the vendor can support upcoming plans and initiatives. Effective purchasing managers also help communicate expectations to vendors to support capacity planning.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

Planful

SEPTEMBER 22, 2016

What are some of the biggest problems with the annual budget, and how can teams improve budget planning? After all, a budget is simply a financial plan for a set duration of the company, including the projected income and expenses of the business. Rely on benchmarks and external indicators to improve accuracy.

Budgeting 40

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

Spreadym

JULY 26, 2023

Financial variance analysis is a valuable tool for financial management, budgeting, and strategic planning. Early Detection of Issues: Financial variance analysis can act as an early warning system, helping companies identify potential problems or deviations from financial plans.

Budgeting 52

Budgeting Benchmarking Forecasting Strategic Planning 52

The Charity CFO

MARCH 22, 2024

Consider working with knowledgeable data and financial teams, such as The Charity CFO, to help create your data plan. Once you have a data technology and a data governance plan in place, make sure to invest in staff and volunteer training on the programs and policies.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Focus CFO

NOVEMBER 18, 2024

Building a powerful annual budget that aligns with your company's vision and strategic plans is crucial for success, especially as we head into 2025. By carefully examining historical data, setting clear objectives, and developing a comprehensive plan, you can navigate the year ahead with confidence. You're not alone.

Budgeting 52

Budgeting Economics Benchmarking CFO 52

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios.

Financial Planning and Analysis (FP&A) 52

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

VCFO

MARCH 30, 2023

A good place to start is benchmarking yourself against your competition. Anyone with thoughts of selling their business within five years would be wise to get to work now. Below, we explore several factors that contribute to business value and what can be done to move the needle in the desired direction.

Valuation 86

Valuation SAP Concentration Benchmarking 86

Centage

JANUARY 18, 2024

Financial planning and analysis is at the heart of strategic decision-making for businesses, and as we step into 2024, it’s crucial to align your FP&A processes with the latest trends and best practices. Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year.

Financial Planning and Analysis (FP&A) 40

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

The Finance Weekly

NOVEMBER 27, 2023

They are widely used in , strategic planning and reporting to guide investment decisions. This measure aids in predicting future profits and establishing profitability goals and benchmarks. These objectives may include things like total revenue, profit, or the ratio of debt to equity.

Budgeting 52

Budgeting General Ledger Sales Concentration 52

Planful

OCTOBER 25, 2016

He cited the recent example at Wells Fargo with associates opening up new accounts for clients and collecting millions in fees for the bank due to its incentive compensation plan. And as such, it should be considered as part of corporate goal setting, strategic planning, and financial and operational planning and reporting.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Global Finance

JULY 24, 2024

Citi is leveraging its physical presence and leadership in all three markets by assisting in implementing this plan to create a single trading platform. BNP continues to expand the custody franchise as part of the overall group’s 2025 strategic plan around growth, technology, and sustainability themes.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

Citi is leveraging its physical presence and leadership in all three markets by assisting in implementing this plan to create a single trading platform. BNP continues to expand the custody franchise as part of the overall group’s 2025 strategic plan around growth, technology, and sustainability themes.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

CFO Talks

MARCH 19, 2024

This list should encompass both quick wins, such as automating invoice processing to improve cash flow management, and long-term objectives, like integrating AI-driven analytics for more accurate financial forecasting and strategic planning.

CFO 52

CFO Communication Finance Budgeting 52

Barry Ritholtz

FEBRUARY 21, 2023

And we had prioritized all our strategic plans, we had to figure out how to get them done while people were remote. And right now, you look back over 10 years, our active funds, 94 percent are outperforming their competitive group averages, 68 percent are outperforming their benchmarks. So we’ve rebuilt.

Leadership 112

Leadership Investments Profit and Loss Technology 112

Barry Ritholtz

AUGUST 20, 2024

And the advice that he gave to David Einhorn about it that helped lead Einhorn to start really kicking the benchmark’s butt again for the past couple of years. What was the initial career plan? Mike Green : Well, the, the initial career plan, actually, so I grew up on a farm in Northern California.

Concentration 69

Concentration Valuation Marketing Investments 69