article thumbnail

10 Types of Financial Models

The Finance Weekly

Financial models are essential for organizations, helping forecast financial performance using historical data and future projections. Financial modeling involves creating a mathematical representation of a company's financial situation, typically using tools like Excel.

article thumbnail

Prophix Reviews

The Finance Weekly

With its automated workflows, anomaly detection, and in-depth financial modeling tools, the platform aims to help organizations drive smarter financial decision-making while minimizing manual work. Data Visualization and Reporting Prophix simplifies financial reporting with intuitive dashboards and customizable reports.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. These legacy financial models typically appear overly complicated.

article thumbnail

Top 6 Financial Modeling Software Tools for 2025

Lime Light

Responsible decision-making in the fast-paced business environment requires rigorous analysis, evaluation of previous results, and a thorough examination of current financial health.

article thumbnail

Taking a strategic approach to AI adoption

Future CFO

Platforms like Hitachi iQ enable advanced financial modelling and anomaly detection, while automation has reduced the burden of reconciliation and regulatory reporting, allowing teams to focus on strategic decision-making."

article thumbnail

Transforming Audit Readiness into a Strategic Advantage

E78 Partners

Take a critical look at areas prone to audit issues—such as revenue recognition, procurement, impairment, and financial reporting—ensuring that controls in these high-risk areas meet compliance standards.

article thumbnail

Why PE-Backed Companies Struggle with FP&A—and How to Fix It

E78 Partners

Overextended FP&A leaders with tactical burdens The Challenge: FP&A leaders often spend excessive time on manual data aggregation and spreadsheet maintenance, limiting their ability to provide strategic financial insights. Solution: Invest in automation tools to streamline reporting and free up FP&A capacity.