CFO News Room

FEBRUARY 5, 2022

The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.

Budgeting 130

Budgeting Healthcare Manufacturing Economics 130

Centage

AUGUST 15, 2022

In the current economic climate, proper financial planning and management are more essential than ever before. With that in mind, many businesses are turning to budgeting and planning drivers as a way of obtaining more accurate information. Still, including too many drivers in your company’s budgeting model can make it overly complex.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

PYMNTS

JULY 30, 2020

While larger enterprises have had the resources to embrace financial forecasting technologies that wield sophisticated tools to bring greater value to that data, smaller businesses have historically been shut out of the market for such financial solutions. “With the pandemic, the whole world flipped upside down.

Forecasting 78

Forecasting Economics Cash Flow Forecasting Accounts Payable 78

Centage

JULY 19, 2022

Business budgeting is a crucial factor with the ability to impact a business’ long-term success or failure. Along with providing important information regarding day-to-day operations, an accurate budget better enables companies to predict revenue, trim costs, and make decisions regarding expenditures and opportunities.

Financial Planning and Analysis (FP&A) 111

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 111

Focus CFO

NOVEMBER 22, 2024

Heading into 2025, accurate sales forecasting is more critical than ever. Economic uncertainties and rapid technological shifts make it essential to have a crystal-clear picture of your revenue pipeline. This clarity not only informs your budget but also drives strategic decision-making across your entire organization.

Forecasting 52

Forecasting Budgeting Sales CFO 52

Centage

OCTOBER 3, 2022

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. However, there can be some disadvantages to using Excel for your company’s financial forecasting.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

MAY 23, 2023

However, the current economic crisis isn’t just affecting families shopping for groceries and other goods. As we approach the halfway point of 2023, it’s a good time to take a close look at your budget and determine where you and your team are succeeding versus falling short.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) Forecasting Data Analysis 98

Centage

JULY 11, 2023

Budget season is just around the corner, and being prepared is integral. Planning 2024 budgets takes forethought and considerable prep work. CFOs drive the success of next year’s budgets with the prep work they do today. Here are 6 actions CFOs need to take to create valuable, accurate 2024 budgets. #1

Budgeting 98

Budgeting Forecasting Sales CFO 98

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. The government also intends to tax transfer of ‘digital assets’, widely interpreted as cryptocurrencies, at 30%.

Budgeting 130

Budgeting Currencies Finance Banking 130

Future CFO

FEBRUARY 27, 2022

Hong Kong budget seeks to deploy its considerable fiscal buffers to cushion the economic impact on households and businesses as the city pursues a so-called dynamic”zero infection policy with a range of social restrictions, said Fitch Ratings recently. Zero covid strategy curb economic growth to 1.5%

Budgeting 97

Budgeting Economics Forecasting Finance 97

CFO News Room

FEBRUARY 5, 2022

The Budget on Tuesday proposed to extend the validity of its flagship guaranteed loan scheme by a year through March 2023 and widened its coverage by Rs 50,000 crore to Rs 5 lakh crore, acknowledging the need for a protracted period of succour to start-ups and small businesses as they grapple with the spread of the latest Covid strain.

Budgeting 130

Budgeting B2C Healthcare Economics 130

Centage

DECEMBER 7, 2022

the maker of QuickBooks Online Advanced, to bring automated budgeting, forecasting, reporting and analytics capabilities to QuickBooks Online Advanced customers and mid-market organizations looking for more robust and streamlined budgeting capabilities. Real-time reporting – specifically around variance reporting, and alerting.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

Centage

AUGUST 22, 2023

In a perfect world, budgets would always line up perfectly with actual spending. Even the most strategically-crafted budgets can take hits from unforeseen circumstances. Expecting that something unexpected will occur throughout the year weakens the argument for creating a traditional budget. What Is a Driver-Based Budget?

Budgeting 98

Budgeting Planning Forecasting Finance 98

Centage

JANUARY 17, 2023

As part of this process, the office of finance and department heads spend an immense amount of time creating, reviewing and approving the business’s budget for the fiscal year ahead – but it’s important that financial management doesn’t stop there. Budget vs Actual Statement – What It Is and What It Isn’t.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

PYMNTS

MAY 20, 2020

Coca-Cola CEO James Quincey said he is not anticipating a fast economic rebound now that the world is reopening for business. The Congressional Budget Office said on Tuesday (May 19) that real gross domestic product (GDP) will contract by 11 percent in the second quarter of 2020 — equal to a 38 percent drop at an annual rate.

Economics 91

Economics Entertainment Budgeting Forecasting 91

PYMNTS

JANUARY 6, 2021

The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city's economy won't fully recover for years. billion budget gap. The report forecasts budget gaps of $2.3 billion of expense funds not allocated to balance the 2021 budget.

Economics 99

Economics Budgeting Entertainment Forecasting 99

Global Finance

JULY 25, 2024

Austerity implemented under Sultan Haitham bin Tariq Al Said, Oman’s head of state, has since pushed it back to around 35%, according to London-based Capital Economics. And its expected impact on Oman’s budget—adding just 0.2% to GDP by 2026, according to Fitch Ratings’ forecasts—is minimal.

Budgeting 119

Budgeting Economics Forecasting Planning 119

Focus CFO

OCTOBER 31, 2024

Budgeting for 2025 requires more than just setting annual goals. In today's dynamic economic environment, businesses need a clear, continuously updated view of cash flow in the short to mid term in order to confidently make decisions and seize opportunities. That's where a 13-week rolling cash flow forecast becomes invaluable.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Budgeting Economics 52

Centage

JUNE 21, 2022

For most businesses, the current economic circumstances – and looking at what may lay ahead – haven’t just resulted in financial uncertainty, it’s also brought to light the inherent challenges with using conventional budgeting methodologies to track and anticipate future business performance. The answer?

Forecasting 52

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

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 News Room

FEBRUARY 6, 2022

Days after presenting the Budget for FY23, finance minister Nirmala Sitharaman on Sunday exhorted corporate India to step up investments and take advantage of the country’s economic resurgence after a Covid-induced slump in FY21. The Economic Survey has projected a real growth rate of 8-8.5%

Budgeting 130

Budgeting Economics Forecasting Investments 130

CFO Selections

NOVEMBER 20, 2024

As such, their responsibilities include: budgeting and forecasting, managing mergers or acquisitions, and handling compliance issues. The CFO role is forward-thinking as they consider economic, industry, tax, government regulation and social issues.

CFO 105

CFO Tax Planning Leadership Budgeting 105

Future CFO

MARCH 26, 2023

Security budgets are forecast to net increase by 29% in 2023 compared to a year ago, after a 26% rise in 2022, said S&P Global Market Intelligence recently when releasing the report of the Voice of the Enterprise: Information Security, Budgets & Outlook 2023 study.

Budgeting 52

Budgeting Securities Economics Forecasting 52

CFO News

JANUARY 5, 2023

The first advance estimates are early forecasts and they usually undergo revisions as more data become available. However, the growth projections will come weeks ahead of the Budget 2023 announcement that is scheduled for February 1.

Forecasting 52

Forecasting Budgeting Economics Finance 52

Fpanda Club

SEPTEMBER 2, 2021

FP&A analyst, in turn, is a promising yet developing profession that can be interesting to graduates with finance, statistics, economics or business degrees as well as to finance professionals from adjacent disciplines. Planning, budgeting and forecasting are linked together forming financial planning processes.

Financial Planning and Analysis (FP&A) 130

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

CFO News

JULY 21, 2024

Budget 2024: Nirmala Sitharaman will present the Economic Survey before Budget 2024-25. GDP forecast rose to 7.2%, IMF predicts 7% growth. President grants pre-budget permission before parliamentary debates. Inflation at 4.5%, retail inflation up. Fiscal deficit pegged at 5.1%. RBI's repo rate combats inflation.

Budgeting 40

Budgeting Economics Forecasting Retail 40

PYMNTS

JUNE 2, 2020

The model, which offers a “nowcast” of the official estimate before its release, had forecast a 51.2 The branch noted that GDPNow is not an official forecast, but is “best viewed as a running estimate” built from available information. Real gross domestic product ( GDP ) is projected to plummet 52.8 percent drop to a 58.1 percent drop.

Forecasting 110

Forecasting Budgeting Economics Investments 110

The Finance Weekly

JANUARY 8, 2024

While company leaders can't control everything, such as market fluctuations and economic changes, they can influence expenses. This is why expense forecasting is valuable for CEOs, CFOs, and other executives when predicting a company's future financial performance. What Is an Expense Forecast?

Forecasting 52

Forecasting Budgeting Startups Strategic Planning 52

Global Finance

OCTOBER 21, 2024

Daniel Stanton, head of Transactional FX in Global Payments Solutions, Bank of America, says for corporate treasurers, volatile FX markets exacerbate the challenge of cash flow forecasting. Securing guaranteed FX rates of longer tenors can help them improve forecasting, which will lead to better informed decision-making.”

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Forecasting Cash Management 111

CFO News Room

JANUARY 23, 2023

Nathan Grawe, an economist who maintains a forecast known as the Higher Education Demand Index, projects enrollment declines in some states of over 15 percent. million , much of which is restricted from supporting annual budgets. David is a graduate of Hampden-Sydney College where he received a BA in Economics. Births rose to 4.3

Education 130

Education Budgeting Economics Forecasting 130

The Finance Weekly

SEPTEMBER 22, 2024

Every budgeting season brings a chance to push your business forward into the new year. With 2024 coming to a close and the 2025 budgeting season around the corner, the pressure is really on you and your finance team! Of course, there are plenty of challenges to juggle as you balance all your company's needs and goals.

Budgeting 52

Budgeting Forecasting Compliance Economics 52

Centage

MARCH 14, 2023

The ongoing economic uncertainty continues to pose a serious challenge for CEOs and financial leaders. As companies slash budgets, finance teams need to find ways of making the company’s cash go further while accomplishing the same goals with fewer resources.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Budgeting Forecasting 98

Future CFO

SEPTEMBER 9, 2022

CFOs are telling their FP&A leaders that they need to improve flexibility of budgeting and forecasting, enable faster capital reallocation, and updated financial models to reflect rapidly changing business realities,” Pritika Bhattacharjee, vice president, research in the Gartner Finance practice, pointed out.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Technology Forecasting Budgeting 97

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. Here are the key steps involved in budget preparation: Define Objectives and Goals : Begin by establishing clear financial objectives and goals.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

Centage

SEPTEMBER 13, 2022

There is some risk to using past performance to inform your long-term plans, and this can be compounded during times of economic uncertainty. During turbulent times, your business can forecast and do scenario planning for the future with our forecasting and scenario planning tools at Centage. What Is Financial Forecasting?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

Simply Treasury

NOVEMBER 2, 2020

After a period of crisis that preceded a Sino-American trade war, there are fears of a budget war. The overall uncertainty manifests itself in economic forecasts with a larger range of growth projections for America and Europe in the next year. The fight will be fierce, especially as American elections are looming in the autumn.

Currencies 130

Currencies Economics Treasury Budgeting 130

Centage

AUGUST 29, 2022

As the country moves out of the crisis period and toward recovery, companies need to abandon earlier forecasting methods based on old information on customer demand. The end result is improved forecasting when it comes to revenue, profitability, and cash flow.

Planning 98

Planning Forecasting Profit and Loss Budgeting 98