Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Planning relates to determining the company’s short-term (1-year) and long-term (3-5 years) objectives. This process usually occurs once a year and lasts several months.

Financial Planning and Analysis (FP&A) 130

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

The Finance Weekly

JANUARY 8, 2024

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? An expense forecast is a prediction of your future business costs. While the idea is simple, creating an accurate forecast is more complicated than it seems.

Forecasting 52

Forecasting Budgeting Startups Strategic Planning 52

The Charity CFO

MARCH 22, 2024

Leveraging Data in Nonprofit Leadership How can you use data effectively as a nonprofit leader? After choosing KPIs and their benchmarks, you can start incorporating data insights into strategic planning. For example, historical financial data can help you with budgeting or creating financial forecasts for your organization.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

Planful

JUNE 17, 2021

But not every CFO thrives in the strategic planning side of their role. ” A McKinsey survey also indicates a gap between “the leadership that CFOs currently demonstrate and what other business leaders expect of them.” Many finance leaders confuse financial planning with strategic planning.

Strategic Planning 40

Strategic Planning Financial Planning and Analysis (FP&A) Planning CFO 40

VCFO

NOVEMBER 1, 2023

A common outcome of this mindset is a rationalization on the part of the CEO that they (perhaps along with the CFO) can adequately represent the views of People Ops as strategic planning commences, check some HR-oriented items off the list themselves, and not bring focused People Operations expertise to the table.

Strategic Planning 73

Strategic Planning Leadership Planning Compliance 73

CFO Selections

MARCH 4, 2024

The “branches” off each decision alternative that result use data analysis to forecast the most likely outcome of each decision. A decision tree is a critical part of strategic planning because it allows decision makers to analyze the effects of a significant change throughout different areas of the business.

Planning 86

Planning Data Analysis Strategic Planning Forecasting 86

CFO Talks

NOVEMBER 21, 2024

Recognizing the need to enhance my managerial capabilities, I pursued a Postgraduate Diploma in Management, which equipped me with essential leadership skills. First and foremost is financial acumen—understanding financial reporting, budgeting, forecasting, and compliance is foundational.

CFO 98

CFO Leadership Communication Problem Solving 98

Centage

AUGUST 15, 2022

With driver-based planning, companies identify a set of factors that influence their success and model that data to better understand its impact. Managers can then run scenarios with the drivers to improve long-term strategic planning. Driver-based planning lets businesses focus on key indicators while ignoring the noise.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

Focus CFO

DECEMBER 6, 2021

Turning Goals into a Strategic Plan. A long to-do list or a list of goals is not a strategic plan. Businesses that set goals and try to hit them without an overarching strategic plan can end up wasting resources, pulling their teams in too many directions, and thwarting their own expansion efforts.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Strategic Planning CFO Communication 92

VCFO

OCTOBER 10, 2023

monthly, annual) performance, much more is needed for effective strategic planning – proactive planning that looks beyond what the business will do in the short term to where you want it to be in five years, ten years, or a similar timeframe. While the Income Statement does provide a view of historical (e.g.,

Strategic Planning 80

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 80

Centage

AUGUST 16, 2023

Quickly compare performance against the plan and find holes and ways to improve. Freeing up time spent on manual budgeting processes gives leaders more resources to spend on strategic planning and forecasting. Automated budgeting tools don’t just increase leadership’s productivity.

Budgeting 98

Budgeting Forecasting Strategic Planning Planning 98

CFO Talks

NOVEMBER 29, 2024

Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Under Elizabeth’s leadership, GDC has achieved remarkable environmental milestones. Elizabeth Burns: My favorite book is The Maxwell Leadership Bible by John Maxwell.

Finance 98

Finance Profit and Loss CFO Leadership 98

The Finance Weekly

MARCH 25, 2024

Pichette's notable contributions to Alphabet's transition from Google improved its operational efficiency and leadership in sustainability initiatives. His expertise and leadership make him a valuable asset as CFO. The CFO's job is to decipher various departmental forecasts to create profit projections for the CEO and shareholders.

CFO 97

CFO Finance Forecasting GAAP 97

Future CFO

FEBRUARY 9, 2023

Finance leaders need to adopt new technological advancements to streamline financial planning and analysis, reporting and finance operation process.” Most challenging aspects of finance leadership in 2022 Wong opined that the COVID pandemic led to a sharp inflexion point. Finance is right there in the thick of things.

Finance 96

Finance Leadership Communication Accounting 96

CFO Thought Leader

DECEMBER 3, 2024

His career journey, spanning roles in pricing and market dynamics to strategic planning at BlackRock, shaped his approach to finance leadership. These milestones underscore Nagy’s ability to address immediate financial challenges while positioning organizations for longer-term opportunities.

CFO 52

CFO Strategic Planning Prioritization Leadership 52

CFO Selections

JUNE 8, 2022

Rising inflation, COVID surges, interest rate hikes, a dramatic increase in the cost of living, the war in Ukraine, and a potential recession all have business leadership mired in a constant state of uncertainty. Today’s culture is wrought with uncertainty that is absolutely sweeping through every industry.

Strategic Planning 52

Strategic Planning Leadership Manufacturing Forecasting 52

Jedox Finance

JANUARY 23, 2020

Set organizational, strategic, high level goals and targets. Measurement of success and re-forecasting. Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems are primarily transactional systems. Cascade goals into functional areas of the organization. Target setting for select business drivers.

Financial Planning and Analysis (FP&A) 88

Financial Planning and Analysis (FP&A) Budgeting Data Analysis Forecasting 88

CFO Simplified

FEBRUARY 13, 2022

Strategically plan for the company’s future . Additionally, a CFO’s ability to forecast a company’s financials based on past numbers and projections is arguably the most important piece of the puzzle. Review your business’ financial performance with your CFO prior to making any set-in-stone plans regarding your exit. .

CFO 52

CFO Strategic Planning Communication Forecasting 52

VCFO

MARCH 2, 2023

Some may think that makes financial management and strategic planning in a professional services firm simpler. Visualizing and articulating goals for the business provides an endpoint that one can then walk back year-on-year to chart milestones, build meaningful budgets, and form the basis of the strategic plan.

Strategic Planning 62

Strategic Planning CFO Budgeting Planning 62

Centage

NOVEMBER 14, 2023

For the finance team, reforecasting (sometimes called budget reforecasting or financial reforecasting) is the best mechanism for effectively managing changes in strategic planning throughout the budget year. There is no question of the value that budgeting and forecasting provides an organization. What is budget reforecasting?

Budgeting 52

Budgeting Forecasting Strategic Planning Leadership 52

VCFO

APRIL 21, 2022

Gary takes pride in his aptitude for organizational development, has significant experience as a senior advisor to leadership, and excels in formulating strategies to facilitate the attainment of business targets.

CFO 52

CFO Strategic Planning Auditing Finance 52

CFO Talks

SEPTEMBER 19, 2024

Set up regular “change updates” where the leadership team shares progress, answers questions, and addresses concerns. Adapt Your Leadership Style CFOs must be flexible in their leadership approach during periods of change. Open channels for feedback and questions to ensure everyone feels included in the process.

Leadership 52

Leadership Communication CFO Strategic Planning 52

The Finance Weekly

OCTOBER 13, 2021

These offices, sometimes called the Office of Strategy Management (OSM) or Project Management Offices (PMO), handle measures, reporting, strategic projects, alignment, communications, and strategic planning, which are all under the guise of CPM. New FC Competencies and Their Relation to CPM.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

E78 Partners

AUGUST 15, 2023

Unveiling the Role of FP&A Teams: A Holistic View FP&A teams are responsible for orchestrating financial strategies, facilitating planning, budgeting, forecasting, organizing & transforming data, and driving insightful analysis to improve decisions.

Financial Planning and Analysis (FP&A) 52

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

The Charity CFO

OCTOBER 14, 2024

Financial Management and Budgeting : Understanding your numbers, creating realistic budgets, and forecasting for future growth are essential skills for nonprofit leaders. The Importance of Strategic Planning Sarah stressed the need for both a business plan and a strategic plan. Need help scaling?

Nonprofit 52

Nonprofit Strategic Planning Budgeting CFO 52

Beacon CFO Plus

MAY 9, 2022

Perhaps your small business is currently operating without a full-time CFO in place and you lack that key financial leadership to inform your business decisions. Here’s more of what a forward-thinking CFO can bring to your business: Help with short-term and long-term planning. Guide company messaging based on future goals.

CFO 52

CFO Strategic Planning Leadership Forecasting 52

Future CFO

SEPTEMBER 17, 2023

The Financial Planning and Analysis ( FP&A ) team performs budgeting, forecasting, and analysis that support major corporate decisions of the CFO, the CEO, and the Board of Directors. Very few, if any, companies can be consistently profitable and grow without careful financial planning and cash flow management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO SAP Leadership 52

Beacon CFO Plus

NOVEMBER 15, 2023

They provide insights into budgeting, forecasting, and financial planning. Strategic Planning: Fractional CFOs contribute to overall business strategy by aligning your company’s financial goals with broader organizational objectives. Cash Flow Management: Managing cash flow is critical for SMEs.

CFO 52

CFO Budgeting Financial Analysis Strategic Planning 52

The Charity CFO

JUNE 10, 2022

PRO TIP: To get even more capacity from your finance committee, include them in your strategic plan! Every nonprofit should periodically develop a strategic plan. As part of the strategic plan, your organization should set goals for financial oversight and the overall accounting function.

Nonprofit 52

Nonprofit Finance Strategic Planning Cash Flow Forecasting 52

The Finance Weekly

JULY 14, 2024

That’s exactly how Long-range Planning (LRP)works – not only for individuals but for businesses as well. It extends beyond conventional budgeting, planning, and forecasting processes which usually span a year, and concentrates mainly on financial goals and key initiatives that are 5-10 years or more into the future.

Planning 52

Planning Leadership Budgeting Financial Analyst 52

Future CFO

NOVEMBER 8, 2023

For companies starting out in the business, some resort to hiring fractional chief financial officers to share their expertise in finance, strategic planning, and other CFO-related activities. CFOs partner with business owners to develop an annual plan that's focused on your goals and dreams.

CFO 52

CFO Strategic Planning Forecasting Planning 52

The Charity CFO

JULY 19, 2024

The CFO role generally includes: responsible for the strategic direction and goal setting of a nonprofits accounting and financial management. Advanced analysis and reporting Budgeting and forecasting A nonprofit CFO oversees all financial operations to ensure the organization’s financial practices align with its long-term goals and mission.

CFO 52

CFO Accounting Nonprofit General Ledger 52

CFO News Room

DECEMBER 16, 2022

CFOs are some of the highest-paid finance professionals because they have experience and networks and excel at financial leadership. Most financial managers have previous experience working in market analysis and forecasting positions similar to this one. Financial Manager. Average salary: $134,180 per year.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

Planful

JUNE 15, 2017

During the event, a panel of two FP&A experts shared their insights on the current state of the FP&A function, the forces driving an increased need for accurate planning and forecasting, and where the function is going in the future. Learn More.

Financial Planning and Analysis (FP&A) 40

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

Future CFO

SEPTEMBER 26, 2024

By looking internally for existing capabilities and externally for leading practices and support, CFOs can develop a strategic plan to not only achieve compliance, but also embed sustainability reporting into the organisation's decision-making and performance rhythm over time.

CFO 52

CFO Strategic Planning Compliance Forecasting 52

CFO Talks

NOVEMBER 11, 2024

She is driven to deepen her expertise in digitalization, AI, and machine learning , applying them to improve financial wellness and business efficiency and aims for international leadership roles that contribute to the economic development of Africa and values cross-disciplinary collaborations for impactful projects.

CFO 52

CFO Leadership Problem Solving Communication 52

CFO Simplified

JUNE 1, 2023

For example, do you have a cash flow forecast? You should be spending your time creating a strategic plan to take your business to the next level, and getting buy-in from your employees. We tackle the “except fors,” and, give you the means to build a forward-looking plan. They’re just running historical reports.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52