The Finance Weekly

FEBRUARY 23, 2025

Strong FP&A practices help finance teams improve data accuracy , use technology effectively, and make well-informed financial decisions. This leads to better budgeting, more reliable forecasting, and stronger financial stability. Create a Budget - Estimate costs for hiring, training, and licenses.

Financial Planning and Analysis (FP&A) 52

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

CFO News Room

DECEMBER 16, 2022

One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. And while the finance industry has seen its share of ups and downs over the years, it generally bounces back fairly quickly after a downturn.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Centage

SEPTEMBER 14, 2021

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Centage

JULY 25, 2023

Though some businesses rely on Excel for budgeting and financial management needs, the software has some notable disadvantages that may make it a less-than-optimal solution for your business. To maintain multiple spreadsheets, you will be required to perform manual data entry.

Budgeting 98

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

Centage

SEPTEMBER 11, 2023

Staying on top of your financial performance is vital for running your business. Unfortunately, creating a perfect budget doesn’t mean that you’ll follow it. Budget vs actuals analysis is one of the most effective ways to maintain a clear picture of your company’s performance. Gather the Data. Monitor and Repeat.

Financial Planning and Analysis (FP&A) 105

Financial Planning and Analysis (FP&A) Budgeting Forecasting Performance Measuring 105

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. Key Priorities & Requirements for Finance in 2023.

Budgeting 98

Budgeting Planning Forecasting GAAP 98

Musings on Markets

DECEMBER 11, 2024

I like to make a difference : I do not expect my students to agree with all or even much of what I have to say, but I would like to think that I sometimes change the way they think about finance, and perhaps even affect their choice of professions.

Valuation 130

Valuation Corporate Finance Finance Investments 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 69

Budgeting Forecasting Compliance Economics 69

CFO Talks

MARCH 13, 2025

Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. This is the power of Financial Information Systems (FIS). From Spreadsheets to Smart Systems Traditionally, businesses used basic spreadsheets to manage their finances.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

Centage

JANUARY 17, 2023

Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. 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

Future CFO

NOVEMBER 17, 2022

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different countries report complete confidence, said Blackline recently. According to survey results, C-suite and finance and accounting respondents see that the three biggest challenges facing them in the coming year are:

Finance 96

Finance Financial Data Economics Budgeting 96

The Finance Weekly

FEBRUARY 26, 2025

Prophix aims to address these challenges by offering advanced, cloud-native financial planning solutions. Prophix is an enterprise financial management software designed to streamline budgeting, planning, reporting, and analysis. Self-service Reporting Empower stakeholders with easy access to real-time financial data.

Financial Planning and Analysis (FP&A) 52

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

Collectiv

JANUARY 24, 2025

Did you know that 96% of finance teams still rely on spreadsheets for planning and 93% rely on them for reporting? They function as both an analysis and data entry tool, making them a convenient choice for many finance teams. 60% of FP&A teams face moderate to significant challenges with reliable and accessible data.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

FEBRUARY 22, 2025

Did you know that 47% of businesses still rely on spreadsheets for financial planning, despite the risks of errors and inefficiencies? Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.

Leadership 98

Leadership Finance GAAP Forecasting 98

The Charity CFO

JANUARY 22, 2025

But what if the key to financial clarity and stability lies in sharing the load? The truth is, many successful nonprofits empower leaders to manage their own department budgets. In this article, well explore why financial management is a shared responsibility and how nonprofits can use this strategy to drive their missions forward.

Nonprofit 52

Nonprofit Leadership Accounting Budgeting 52

Future CFO

MARCH 1, 2023

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. CFOs must accelerate their finance transformation journey towards autonomous finance or risk falling behind.

Finance 91

Finance Benchmarking Compliance SAP 91

The Finance Weekly

NOVEMBER 8, 2022

A finance software stack is a list of top solutions that will produce the best results for finance teams. Finance is responsible for a large number of critical operations in a business. Here are the 7 best finance software solutions broken down into different categories: 1) Accounting. Low implementation times.

Financial Planning and Analysis (FP&A) 98

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

Fpanda Club

SEPTEMBER 2, 2021

The growing variety and complexity of tasks within the finance function has resulted in the creation of a discipline that is supposed to become a bridge between the finance and business to support decision-making process by leveraging data and technology. This relates to FP&A which stands for financial planning and analysis.

Financial Planning and Analysis (FP&A) 130

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

Spreadym

NOVEMBER 8, 2023

Collaborative budgeting is an approach to financial planning and management that involves the active participation of multiple individuals or teams within an organization. It goes beyond the traditional top-down budgeting process, where senior management sets financial targets and allocates resources.

Budgeting 59

Budgeting Communication Strategic Planning Analyzing Data 59

Future CFO

FEBRUARY 22, 2024

The financial landscape is evolving at breakneck speed, driven by big data, globalisation, and digitisation. The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. The increased workload can hobble finance team productivity and limit their scope of analysis.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Cube Software

MAY 20, 2024

Why spring cleaning is essential to finance Spring cleaning your financial data is more than a routine check—it's a critical practice that ensures healthy, efficient finance operations.

Financial Data 52

Financial Data Finance Forecasting Budgeting 52

Jedox Finance

MARCH 16, 2022

When choosing the right budgeting method for your business, the management style and corporate structure of an organization have a significant influence on the design and implementation of corporate budgeting processes. What is Corporate Budgeting? Corporate Budgeting in need of Agility and Flexibility. Table of Contents.

Budgeting 52

Budgeting Benchmarking Planning Financial Data 52

Centage

MAY 3, 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 cloud-based FP&A solutions.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

FEBRUARY 2, 2025

In navigating the current world that is ever-changing, evolving constantly with various technological advancements that almost always force their way in to day-to-day routines of organisations, it is a no-brainer that the Finance function has shifted its focus on artificial intelligence for some time now.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

The Charity CFO

MARCH 13, 2025

Master Your Budgeting Process Know exactly what your grants and funding coverand what they dont. Maintain strict budget oversight and ensure spending aligns with your organizations mission and restrictions. Do You Struggle to Make Sense of Your Financial Statements? Download it for later. Get the free guide!

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

Spreadym

OCTOBER 10, 2023

Variance reporting is a financial and management accounting process used to analyze the differences between budgeted or expected figures and actual performance results. Key aspects of variance reporting include: Budget or Target Figures: This is the baseline against which actual performance is compared.

Budgeting 59

Budgeting Sales Financial Data Manufacturing 59

The Finance Weekly

APRIL 13, 2024

Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health. This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

MAY 25, 2022

Planning, Budgeting, Forecasting. A company’s plan, budget, and forecast are usually talked about all together, whether it be in the boardroom, in a company goal-setting sheet, or in general talk about FP&A. Finance leaders and executives build teams and make decisions based on the financial data and the goals that result from it.

Forecasting 52

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

Spreadym

AUGUST 8, 2023

An operating budget is a financial plan that outlines the projected revenues and expenses of an organization or business for a specific period, typically a fiscal year. It serves as a detailed guide for managing day-to-day operations, allocating resources, and achieving financial goals.

Budgeting 52

Budgeting Prioritization Profit and Loss Construction 52

Future CFO

JUNE 24, 2024

It took me years to be skilled in financial planning and analysis. Not every finance professional can be sharp enough to detect key highlights and provide analysis for the financial statements. The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends.

Auditing 111

Auditing Financial Analysis Forecasting Reconciliations 111

Centage

NOVEMBER 1, 2023

Financial planning is a crucial part of sustaining and growing your business. The office of finance, department heads, and C-suite executives spend much of their time making, checking, and approving the yearly budget. And financial management doesn’t stop once the annual budget is approved.

Financial Planning and Analysis (FP&A) 52

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

KG Virtual CFO

OCTOBER 8, 2020

A budget provides the financial data that support your company’s vision, mission, and goals. It outlines key information on both the current state of your finances (including income and expenses) and your long-term financial goals. Don’t forget to factor those expenses into your budget as well.

Budgeting 52

Budgeting Financial Data Sales Planning 52

The Charity CFO

JUNE 26, 2023

Whether you’re a new organization or an established one working to get its finances under better control, there are few more important things to get right than your nonprofit operating budget. Nonprofit operating budgets differ from regular for-profit business budgets in key ways.

Nonprofit 52

Nonprofit Budgeting Benchmarking CFO 52

Centage

OCTOBER 17, 2022

To that end, it’s essential to have a software program that lets you create multiple versions of your budget based on different financial models. Test the impact of proposed scenarios and gain immediate insight into how your assumptions may affect your finances. Financial planning comes with numerous challenges.

Strategic Planning 98

Strategic Planning Planning Cash Flow Forecasting Forecasting 98

CFO Share

JUNE 18, 2024

As your business grows and success becomes more tangible, the complexities of managing your finances increase as well. Whether you’re working with a bookkeeper or virtual bookkeeping services , adopting advanced techniques can significantly improve your financial management. Operations – validates inventory records.

General Ledger 105

General Ledger CFO Accounts Payable Financial Data 105

KG Virtual CFO

OCTOBER 12, 2020

Your business budget puts you in control of your company. It helps you avoid overspending and track financial goals. But with the coronavirus in full swing, you may have had to throw your business budget out the window to stay afloat. Track your finances in your accounting software to see where you stand.

Budgeting 52

Budgeting Cash Flow Forecasting Prioritization Forecasting 52