CFO Simplified

DECEMBER 10, 2021

The post It’s the time of the year for strategic planning and budgeting appeared first on CFO Simplified. To paraphrase the conversation between Alice and the Cheshire Cat in Alice in Wonderland, “If you don’t know where you’re going, any road will get you there.”.

Strategic Planning 52

Strategic Planning Budgeting Planning Financial Modeling 52

Planful

JUNE 17, 2021

But not every CFO thrives in the strategic planning side of their role. Many finance leaders confuse financial planning with strategic planning. But when it comes to strategic planning components, CFOs shouldn’t be in a pure finance mindset. Strategic Planning Component #1: Revenue.

Strategic Planning 40

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

Fpanda Club

JANUARY 23, 2025

Detailed workforce planning and head count analysis Hiring, onboarding, and managing personnel are typically the responsibility of human resources departments, rather than FP&A. Yet, many organizations exclude FP&A from these discussions, leaving marketing or sales teams to make decisions without a detailed financial perspective.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Mergers and Acquisitions (M&A) Prioritization Forecasting 130

Centage

OCTOBER 17, 2022

As you start your financial planning for 2023 and beyond, follow these steps to solidify your three-year strategic plan and boost the odds of achieving your business’ goals. Use these insights to make necessary changes to spending so cash flow remains strong even during periods of slow sales.

Strategic Planning 52

Strategic Planning Planning Cash Flow Forecasting Forecasting 52

VCFO

MAY 5, 2022

Below is a summary of the discussion points from all professionals on the ‘ M&A: Preparing for Sale ‘ panel. Planning for the end goal needs to be carefully considered. Optimizing the sale of your company requires planning – it is not serendipitous. Maximizing Net After Tax Proceeds from a Sale.

Sales 76

Sales Mergers and Acquisitions (M&A) Planning Valuation 76

The Finance Weekly

FEBRUARY 22, 2025

Key Features of Workday Adaptive Planning 1) Financial Planning Workday Adaptive Planning provides advanced financial tools to streamline forecasting, budgeting, and strategic planning. Scenario Planning - Utilize AI-powered "what-if" modeling to assess financial outcomes and optimize strategies.

Financial Planning and Analysis (FP&A) 52

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

CFO Simplified

JULY 22, 2022

Arrange for a meeting to discuss your plans and your concerns, and tell them the kind of help you need. How have your sales been impacted? Ensure you have a full understanding of your sales, costs, and expected net income. The pandemic changed plans for nearly every business. Update your strategic plan.

Cash Flow Forecasting 96

Cash Flow Forecasting Strategic Planning CFO Planning 96

CFO Simplified

JANUARY 23, 2025

Proactively arrange a meeting with your bank to discuss your plans, concerns, and the support youll need to achieve your goals. Take time to analyze current sales, expenses, and net income. Use these insights to project your financial performance based on your strategic plan.

Cash Flow Forecasting 52

Cash Flow Forecasting Communication Budgeting Forecasting 52

Jedox Finance

AUGUST 5, 2021

Sales is the growth engine of a company. To ensure the sustainability of success, it is not enough to look at sales only from an operational or transactional perspective. A long-term, well thought-out, strategic alignment of sales with long-term and short-term business goals is key. .

Sales 52

Sales Planning Strategic Planning Marketing 52

Nerd's Eye View

OCTOBER 14, 2024

Many employee advisors gravitate toward service-oriented roles; this preference often stems from their initial motivation for entering the profession – wanting to help clients or perform the more analytical aspects of investing and financial planning. Rarely do they enter the field to be in a sales or marketing role.

Strategic Planning 98

Strategic Planning Sales Planning Budgeting 98

Jedox Finance

JANUARY 12, 2022

Integrated financial planning is a vital component of modern planning that supports long-term business performance. Types of corporate financial planning. In corporate financial planning, there is a distinction between operational and strategic planning, and between short-term and long-term planning.

Planning 138

Planning Profit and Loss Sales Investments 138

PYMNTS

JULY 7, 2020

A VAT is levied on a product whenever value is added at each stage of the supply chain, from production to sale. We want things now, and we want them from everywhere,” she said, noting firms that want to sell across borders have to take VAT, tariffs and other costs of doing business into their strategic plans.

Sales 56

Sales Strategic Planning Budgeting Compliance 56

Future CFO

FEBRUARY 16, 2025

By leveraging data intelligence, finance leaders can better evaluate macroeconomic indicators, hiring trends, and sales patterns to predict future needs and challenges." Verma notes, "In finance, data intelligence can work as pillars to achieve better forecasting, budgeting, and strategic planning."

Finance 64

Finance Forecasting CFO Compliance 64

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

PYMNTS

JANUARY 3, 2020

The ground zero, of course, was Wayfair , the 2018 case in which the Supreme Court ruled online retailers could be mandated to collect sales tax — and taxes could be levied by states on firms that do not have physical presence in those states. They didn’t build marketplaces to facilitate tax collection — they did it to facilitate sales.”.

Sales 53

Sales Compliance Economics Strategic Planning 53

Accountancy Today

JULY 28, 2023

As part of a “long-standing tradition of employee shareholding”, managing director Jason Knights and Group Sales and Marketing director Brian Smith have acquired a significant shareholding in the company. The team successfully managed a competitive debt process, negotiating an optimal debt package.

Corporate Finance 98

Corporate Finance Finance Strategic Planning Planning 98

VCFO

NOVEMBER 1, 2023

A review of revenue will often involve examining sales performance. By nature, most salespeople will do exactly what they are incentivized to do (which is why a well-designed sales compensation plan is so important). Year-end sales or special offers to past customers for that product might do the trick.

Finance 88

Finance Strategic Planning Auditing CFO 88

CFO Simplified

DECEMBER 6, 2024

Plus, delivering on time can sometimes become a critical aspect of the sale. Business Seasonal gift manufacturing Location North Pole Sales Charitable institution Ownership Husband and wife Initial Contact The timely delivery of seasonal gifts has been a problem for generations.

Manufacturing 52

Manufacturing Concentration CFO Strategic Planning 52

Barry Ritholtz

SEPTEMBER 4, 2023

Bloomberg ) • 4 Days, 690 Miles, Countless Stalls: Behold the ‘World’s Longest Yard Sale’ Everyone loves a bargain. But can anyone survive the entirety of the 127 Yard Sale, an annual four-day event that stretches from Michigan to Alabama? ( But you do face reinvestment risk in T-bills since the duration is so short. (

Education 111

Education Strategic Planning Sales Planning 111

PYMNTS

MAY 24, 2018

However, the company topped analysts’ profit and sales forecasts for at least its eighth consecutive quarter. According to Reuters , though sales continue to fall, the 1 percent drop in same-store, fourth-quarter figures was less than a 2.3 We look forward to discussing our plan in more detail at our Investor Day on June 7.

Forecasting 40

Forecasting Sales Strategic Planning Planning 40

CFO Simplified

APRIL 3, 2022

Larry Chester, President of CFO Simplified, has watched large companies successfully plant star performers for one year in operations, then a year in sales, then in finance, human resources, and then in legal. If you’re planning to pass your business down to your child, you should do nothing less in training them to be able to take over.

CFO 98

CFO Planning Strategic Planning Sales 98

Spreadym

NOVEMBER 3, 2023

The specific metrics to focus on may vary depending on your industry, goals, and the size of your organization, but here are some common financial metrics that are crucial for strategic financial planning and management: Revenue: Track your total income or sales to gauge the top-line performance of your business.

Planning 59

Planning Strategic Planning Budgeting Forecasting 59

Jedox Finance

JANUARY 23, 2020

With that approach, department managers such as sales, HR, and operations had to create their own subset or personal interpretation of the financial plan. It is an organizational platform to manage and dynamically align strategic planning and goals with people and processes.

Financial Planning and Analysis (FP&A) 88

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

PYMNTS

DECEMBER 2, 2020

Retailers are now largely dependent on online sales and home delivery. Knowing the unique constraints the industry is facing this peak season, we worked with our carriers early on to collectively build a strategic plan of execution.”.

Retail 80

Retail Strategic Planning eCommerce Sales 80

CFO Simplified

MAY 15, 2022

Strategic planning. A business owner growing microgreens for local restaurants was proud of how he had grown his business and was planning on making an investment in additional equipment to grow more microgreens. His sales sat at $135,000 a year. . Business analytics. The Microgreens Case Study. The Blacksmith Case Study.

CFO 97

CFO Strategic Planning Business Analytics Manufacturing 97

BlueLight

MAY 1, 2020

The CFO is focused on company-level strategic planning and building a relationship with investors. FP&A is responsible for strategic planning, decision support, and financial modeling. This plan conveys the direction of the company and the methodology of how it will deploy resources in order to get there.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

Fpanda Club

APRIL 18, 2022

SWOT SWOT stands for the analytical tool to uncover Strengths, Weaknesses, Opportunities and Threats and is frequently used in strategic planning exercises. Imagine a commercial director who constantly hears that sales are too low, and they should use promotions to boost them but keep company’s profitability at a certain level.

Financial Planning and Analysis (FP&A) 130

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

Centage

AUGUST 15, 2022

Managers can then run scenarios with the drivers to improve long-term strategic planning.

Budgeting 105

Budgeting Planning Forecasting GAAP 105

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

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

Nerd's Eye View

MARCH 28, 2023

What's unique about Erica, though, is how she built a series of spreadsheet tools to measure the details of each step of her advisory firm’s marketing funnel, from lead generation to each meeting in the sales process to client onboarding and getting initial revenue for the firm… and then turned it into a series of tools that any advisory (..)

Marketing 98

Marketing Benchmarking Analyzing Data Strategic Planning 98

VCFO

JANUARY 23, 2024

In much the same way as, diversifying investments is a prudent strategy to mitigate personal risk, strategizing the sale of your business well in advance is an integral step toward securing your financial future. —– How much can your business benefit from proactive planning and improved capital structure?

Planning 81

Planning Concentration Strategic Planning Securities 81

PYMNTS

NOVEMBER 21, 2019

Walmart sales in China have grown 6.3 The expansion of groceries and eCommerce in the country is a big part of Walmart’s strategic plan. The company also has plans to remodel about 200 stores in China, adding amenities like the ability to pay with facial recognition and self-service checkouts.

Strategic Planning 60

Strategic Planning eCommerce Sales Economics 60

CFO Share

FEBRUARY 15, 2024

I recently met up with an old friend and entrepreneur who asked me for “CFO strategic planning help.” How long before those sales come in? Thoughtful Frameworks for Decisions I worried Manny’s ops team might be so inefficient, he’s doomed to lose money at any volume of sales. Is his business struggling?

CFO 52

CFO Strategic Planning Profit and Loss Numbers 52

Centage

OCTOBER 9, 2023

Aligning planning and budget is a crucial step to achieving your company’s goals and objectives. The relationship between strategic planning and budgeting Your strategic plan is the vision for your company. Detailed financial plans set your organizational goals.

Budgeting 52

Budgeting Planning Strategic Planning Communication 52

PYMNTS

JANUARY 14, 2021

Despite the tremendous advancements we have made in executing our strategic plan, due to the financial distress resulting from the pandemic and its ongoing impact, we elected to initiate this process and pursue a potential sale of the business in whole or in part to position the Company for the future,” Jones said in the statement.

Banking 56

Banking Strategic Planning Retail eCommerce 56