Jet Global

MAY 10, 2021

At a time of great uncertainty, the role of finance professionals has, of necessity, evolved into an ever more strategic one. Risk and compliance issues that may impact certain actions or decisions. Improving credit risk analysis. As organizational priorities shift, so too do the priorities of finance teams.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

JULY 14, 2022

But you can mitigate risks of business cash flow problems by having the right tools at your side. Poor cash flow can prevent your company from being agile, which can hinder your opportunities to make investments, buy a competitor, or avoid risks. It allows a business to control the risk of not being paid on time or at all.

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

NOVEMBER 16, 2021

If you start too big, you run the risk of overwhelming your team and losing faith in the program. It means that a large portion of assets are financed by debt, which implies a higher rate of return for the owners but creates uncertainty around returns to shareholders. Managing metrics is a resource intensive and time consuming task.

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Jet Global

AUGUST 31, 2022

Other elements of change include IFRS 16/17 and parallel modifications to lease accounting under US GAAP, political uncertainty, a push toward higher tax rates and increased enforcement, and rising inflation. BEPS represents a change in global taxation, but it isn’t the only change. Prioritize policy over numbers.

Software 52

Software Reporting Forecasting Management 52

Jet Global

OCTOBER 18, 2021

Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. In many cases, you’re not just losing an individual sale–you’re losing the customer. Since 2020, global supply chains have been especially problematic.

Forecasting 52

Forecasting Recreation/Entertainment Sales Finance 52

Jet Global

OCTOBER 14, 2022

Siloing comes with its fair share of risks, such as: Disconnect between departments. A simple example of this would be that Sales holds data around which products sell fastest and trends in customer buying behavior. A missing value in the source data, for example, can result in numbers being pasted into the wrong rows.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

JUNE 28, 2022

We’re also seeing greater volatility in global events, uncertainty in global trade policies, and more. The reputational risks associated with regulatory audits and last minute scrambles to complete tax returns are too great, and the upside for truly managing the ‘data behind the numbers’ is now simply too large to ignore.

Software 52

Software Forecasting Reporting Finance 52

Jet Global

SEPTEMBER 1, 2023

Uncertainties in supply chains and operational disruptions, caused by global events, can affect the assessment of risks and uncertainties. Furthermore, changes in credit availability and financing conditions might need to be explained to shed light on liquidity and funding risks.

Management 52

Management Finance Reporting Uncertainty 52

Jet Global

JANUARY 31, 2022

Unstable supply chains and uncertainty about future domestic tax rates have added to the challenges faced by transfer pricing teams in recent times. Those without modern tools have struggled to provide the accurate, timely data needed by the business. Find out how transfer pricing software boosts visibility and inspires action.

Finance 52

Finance Technology Recreation/Entertainment Reporting 52

Jet Global

SEPTEMBER 1, 2023

Market uncertainty is another important factor explaining this decline. It provides fast, real-time access to the ERP data you need and without the complexities of using native reporting tools for custom analysis. Update any report at the click of a button and remove the risk for errors that can be costly in project reporting.

Finance 52

Finance Reporting Cost-Benefit Operational Reporting 52

Jet Global

JANUARY 31, 2022

That, in turn, helps leaders to plan effectively for a range of circumstances, allowing for greater flexibility to accommodate uncertainty. In many cases, it is used to evaluate best case, worst case, and likely estimates. After all, it’s a far-reaching process that involves multiple stakeholders throughout your organization.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52

Jet Global

MARCH 8, 2022

Continued uncertainty about the future prompting them to retire earlier than they might have otherwise. They often require a user to reformat their data, add formulas, and validate their totals. This process carries a high risk of manual error. Many of the baby boomers employed in finance have already left.

Reporting 52

Reporting Finance Software Technology 52