Remove Data Analysis Remove Financial Data Remove Performance Measuring
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Fulfilling CFOs' future roles

Future CFO

Ho notes that CFOs, with their wider lens, can lead a team to draw insights from data to address specific strategic needs. There is a clear distinction between data analysis for analysis sake (e.g. CFOs will find it even more challenging to move into the space of non-financial data and customer data platforms."

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Differences Between Budgeting and Forecasting in Business

Spreadym

Performance Measurement Budget: Budgets are primarily used to measure actual performance against planned performance. Variances between budgeted and actual figures are analyzed to assess how well the company is meeting its financial goals. This allows for proactive adjustments and better cost control.