Remove Finance Remove Forecasting Remove Measurement Remove Risk
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The CFO’s role in the age of generative AI

IBM Big Data Hub

Read the report: CEO’s guide to AI in finance Unlocking the value CFOs are not expected to be technology experts. That said, they do need to understand how to measure the business value created from generative AI across the organization while also using the technology to augment their own skills and capabilities.

Finance 75
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. It also decreases the risk of errors by eliminating disjointed, manual processes.

Finance 98
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Hey Siri, What’s My Forecasted EBITDA Look Like?

Jedox

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” However, there are many available technology tools that can simplify planning tasks and make planning and budgeting easier and far more accurate for finance professionals.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

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FP&A Digital Transformation: Balancing Risk & Outcomes

Jedox

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. The best finance teams I’ve worked with apply very simple principals, even in complex transformation projects. A third reason is not knowing where to start.

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Unshackling the CFO From a Legacy

Jedox

They balanced employee health risks with commercial imperatives. Reinventing for dynamic forecasting. They have reduced fixed costs, changed leasing arrangements, and provided financing measures as lifelines for high-grade suppliers suffering a catastrophic reduction in cash flow. In fact, “Brace! Conclusion.

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How Have Global Fluctuations Changed Your Planning Process?

Jet Global

For many organizations, a frequent complaint related to financial planning has been the level of disconnect that sometimes exists between Finance and Operations. Planners began to integrate functional and departmental plans into their own forecasts. Top-down planners found themselves collaborating more with frontline managers.