CFO Talks

OCTOBER 23, 2024

Forecasting Tools, choosing the Right Fit for Your Business As a CFO, you know that forecasting is crucial to business success. Whether you’re anticipating future cash flows, preparing for market shifts, or managing your company’s resources, having the right forecasting tool can make all the difference.

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Forecasting Cash Flow Forecasting CFO Financial Data 52

Barry Ritholtz

NOVEMBER 25, 2022

It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. As we have seen historically , holiday sales forecasts tend to be a reflection of people’s mood at the moment — not an actual measure of intended holiday spending. billion and $960.4

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Forecasting Retail Sales Accounting 117

Centage

JUNE 28, 2023

When it comes to automation, what’s particularly beneficial is the way technology can automate how financial data flows through models and forecasts, freeing financial teams from the manual labor of attempting to create forecasts via spreadsheets. Fortunately, automation allows for increased agility.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

Spreadym

APRIL 23, 2023

In-Memory technology: In-memory computing technology is becoming increasingly popular for financial analysis and planning (FA&P) and sales and operational planning (S&OP) software as it enables real-time analytics. Here you can read why it is rather good solution for business.

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Forecasting Technology Sales Planning 52

Cube Software

DECEMBER 30, 2022

Choosing the right sales forecasting software is essential to budgeting, planning, and the overall strategic direction of the sales division–and the entire organization.

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Forecasting Sales Budgeting Planning 52

Centage

FEBRUARY 2, 2023

However, one of the most important planning tools for a business of any size is cash flow forecasting – and it’s especially important in times of uncertainty. Knowing the timing, amount and predictability of future cash flows with cash flow forecasting should be an essential component of the budgeting and planning process.

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

Anaplan

NOVEMBER 16, 2022

Align your sales and finance teams to boost growth. A more reliable, accurate sales forecast is a win across business – improving financial decision-making. In this white paper, learn how […].

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Forecasting Sales Finance 52

Barry Ritholtz

AUGUST 21, 2023

I share that caveat because making a bet and staying with it, is very different than making a forecast. Khoo looked at Michael Burry’s predictions since 2015 and whether markets followed his forecasts or not. It’s the entire idea that you as an investor should care about anyone else’s forecasts.

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Forecasting Marketing Sales 98

Future CFO

SEPTEMBER 26, 2024

APQC says business goals can also influence headcount decisions in finance, as if one company is going through a growth cycle, whether increasing sales volume or expanding to new locations, adding finance experts might help them achieve the desired performance.

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Forecasting Planning Budgeting Financial Data 52

Anaplan

NOVEMBER 20, 2018

What is sales forecasting? Sales forecasting is a projected measure of how a market will respond to a company’s go-to-market efforts. At its simplest, sales forecasting is the process of estimating future revenue by predicting the amount of product or … Beginner’s guide to sales forecasting Read More »

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CFO Share

JUNE 11, 2024

Accurate financial forecasting is crucial for small businesses, but developing and updating forecasts can be time-consuming, frustrating, and ultimately inaccurate. Precise forecasts provide the roadmap for future growth, but most small companies spin their wheels developing and maintaining forecasts.

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

PYMNTS

JULY 22, 2020

Goldman Sachs has predicted that online shopping will expand by 19 percent each year during the next three years to come, which marks a rise from its past forecast of 16 percent. In addition, JLL forecasted that the U.S. will require a further 100 million square feet of cold storage space within the few years to come.

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Forecasting eCommerce Sales Retail 104

Centage

MAY 23, 2022

With rolling forecasts, businesses can gain better insight while aligning their sales and production goals with what’s actually happening from a financial perspective. Read on to discover the benefits of rolling budgeting, rolling financial forecasting, and mid-year forecasts for your business. What’s a Rolling Forecast?

Forecasting 98

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

Jedox Finance

JANUARY 13, 2023

These 12 sales trends serve as a roadmap for sales leaders looking to cultivate a more adaptable and integrated organization that evolves with today’s sophisticated buyers. Sales and marketing partnership. Enabling decisiveness through simplified forecasting. Table of Contents. Upskilling to build hybrid relationships.

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Sales B2C Forecasting B2B 98

PYMNTS

NOVEMBER 25, 2020

Power and LMC Automotive forecasts that new vehicle retail sales for November 2020 will drop slightly from the same month the prior year, according to a Wednesday (Nov. Retail sales for new automobiles are forecast to be 1.04 The average new vehicle retail transaction price this month is forecast to be just under $38,000.

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Forecasting Sales Retail Numbers 56

CFO News Room

FEBRUARY 3, 2022

Merck’s newly authorized molnupiravir treatment logged sales of $952 million in the fourth quarter, the first period when the drug contributed revenue. Meanwhile, sales of Covid-19 antibodies for Lilly grew by 22% year over year to $1.06 Sales of Covid-19 antibodies for Lilly grew by 22% year over year to $1.06 a share to $8.65

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Sales Pharmaceutical Forecasting Numbers 130

Centage

NOVEMBER 21, 2023

Having a solid grip on your cash flow forecast and reporting is one of the most important factors for any business to track. For many businesses, having an accurate cash flow forecast can help to avoid potential cash flow problems, predict end of year profits (or debt), and set realistic goals for the upcoming quarters and year.

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Cash Flow Forecasting Forecasting Budgeting Auditing 52

Centage

OCTOBER 28, 2021

Dynamic market conditions may not be anything new but navigating the current business environment and its unprecedented unpredictability has shined a spotlight on just how critical cash flow forecasting is to an organization. Here are three best practices to improve your cash flow forecasting: #1.

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Cash Flow Forecasting Forecasting Budgeting Data Analysis 90

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.

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Forecasting Budgeting Startups Strategic Planning 52

CFO Share

MAY 10, 2024

In fact, I never forecast cash flow without bookkeeping help – their insights are too valuable to ignore. By leveraging the detailed financial data they maintain, you can create a 13-week cash flow forecast that provides valuable insights into your upcoming cash obligations and helps you make better-informed decisions.

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Forecasting Cash Flow Forecasting Invoicing Accounts Payable 52

The Finance Weekly

MAY 5, 2024

Leading the growth in almost every company is the sales team. For instance, let's talk about car sales. But, growth isn't just about sales; it's about taking a well-rounded approach that involves everyone in the organization. What is Sales Planning? What is Sales Planning?

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Planning Sales Forecasting Strategic Planning 72

Cube Software

MARCH 4, 2024

What to look for in revenue forecasting software Revenue forecasting software is a tool designed to help businesses predict future sales and income over a specific period. It leverages historical data, sales trends, and market analysis to provide an estimate of the revenue a company can expect to generate.

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Forecasting Leverage Sales Marketing 52

Centage

DECEMBER 1, 2021

But times have changed – which is why financial forecasting is more important than your annual budget. More than half (57%) are producing P&L forecasts more often than monthly. What’s the Financial Forecast Look Like? Financial forecasting is especially important when it comes to cash flow. Manage every dollar.

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

Jedox Finance

JULY 6, 2021

When considering the performance of any forecasting model, the prediction values it produces must be evaluated. An error metric is a way to quantify the performance of a model and provides a way for the forecaster to quantitatively compare different models 1. Where y’ is forecasted value and y is the true value.

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Forecasting Math Numbers Planning 105

PYMNTS

FEBRUARY 11, 2020

As it experiences strong competition from Lululemon and Nike, Under Armour is predicting a sales drop this year as it grapples with bringing customers to its training sneakers and shirts that wick sweat. Under Armour has been having challenges with growing sales for the past couple of years. Analysts had forecast $1.47

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Forecasting Sales Investments Marketing 52

Jedox Finance

JULY 8, 2024

Revenue forecasting plays a crucial role in business planning. Through an analysis of historical performance data, market trends, and other important factors, organizations can also identify potential risks and optimize sales strategies.

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Forecasting Budgeting Planning Sales 52

Spreadym

SEPTEMBER 19, 2023

Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. Forecast: Forecasts can vary in terms of their time horizon.

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Forecasting Budgeting Cash Flow Forecasting Benchmarking 59

Spreadym

JUNE 2, 2023

Rolling forecast is a financial planning and forecasting approach that involves continuously updating and extending the forecast based on the latest available data and information. As the current period elapses, the forecast is extended by adding a new period, maintaining the same forecast horizon.

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Forecasting Budgeting Communication Planning 52

Spreadym

MAY 23, 2023

Cash forecasting refers to the methods and approaches used by businesses to predict and estimate their future cash flows. To forecast cash flows, companies can use a variety of tools that can include simple models in Excel spreadsheets and special business software that contain tools and features for cash forecasting.

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Forecasting Cash Flow Forecasting Budgeting Accounts Payable 52

CFO Dive

NOVEMBER 22, 2023

Consumer sentiment sagged this month, a survey showed, bolstering forecasts that holiday sales and consumer spending will decline in coming weeks.

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Forecasting Sales 291

PYMNTS

JUNE 29, 2020

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Vehicle sales are projected to drop by 1 million units, a 5.7 Power’s pre-COVID-19 forecast and 11.3 Power’s pre-COVID-19 forecast and 11.3 percent decrease compared with J.D. million units, down 4.4

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Forecasting Sales Manufacturing Retail 52

Jedox Finance

SEPTEMBER 29, 2021

Does it make sense to have a complete separation between your company goals, sales reps targets, and compensation models? In this blog post, we’ll look at how you connect the dots between Sales Performance Management and xP&A. What is Sales Performance Management? xP&A. Connecting the dots.

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Financial Planning and Analysis (FP&A) Sales Forecasting Reconciliations 124

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. For example, you may use spreadsheets to plan your fiscal year or maintain your client sales list.

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Forecasting Budgeting Data Analysis Financial Modeling 98

PYMNTS

SEPTEMBER 18, 2020

When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard in most every executive interview or earnings call. Now that the holiday sales season is imminent, the operative phrase is … well … “let’s try to forecast during a pandemic.”.

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Forecasting Economics Retail Advertising 91

Jedox Finance

OCTOBER 24, 2019

A high-quality business forecast delivers far more than just numbers. Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning. For this to succeed, your forecast must be of high quality. A forecast should be prepared and adjusted on a regular basis.

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Forecasting Finance Budgeting Communication 100

PYMNTS

DECEMBER 4, 2020

Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Black Friday sales stretched across the entire month of November as retailers launched special deals as early as Nov.

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Forecasting Benchmarking eCommerce Treasury 115

The Finance Weekly

JULY 19, 2023

The inflow of cash is typically derived from sales, but it could also encompass funds from debt repayments, selling unnecessary assets, rebates, and grants. Combine Short-Term and Mid-Term Projections Short-term forecasting proves valuable in boosting , KPI. A single cash shortage can drastically alter the course of an organization.

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