The Ledger
Curated content foranalytical business leaders
Tag Archives: Forecasting
CFO Journal: Automated Financial Forecasting Built on a Foundation of Data
August 2, 2022
“The effort requires CFOs to take an end-to-end approach to data management, process design, and talent—at the same time. Integration across all three is critical to really enabling automated, real-time financial forecasting. The prize is the ability to produce forecasts on-demand, leaving behind an environment where it takes so long to build quarterly forecasts and annual plans that key drivers may shift, impacting the forecast.”
FP&A Trends: An Annual Plan Is A Map. A Rolling Forecast is A GPS.
June 15, 2022
“The only way for companies to navigate forward and still achieve existing goals — including simple survival — would be exploring multiple potential changes and building various scenarios to prepare a range of decision-making paths through newly uncertain terrain.”
CFO Magazine: 3 CFO Priorities for An Unstable Time
April 27, 2022
“CFOs are asking their crews to sail across the ocean without a map. Finance chiefs need to step up their focus on reliable demand forecasting.
Technology can be a major help. Has your company’s finance group started using digital tools such as predictive analytics and business visualization applications? These tools improve management’s understanding of business drivers and their impacts.”
Supply Chain Dive: Stop Kicking the Can: Why Companies Must Think Long Term to Solve Supply Chain Challenges
March 25, 2022
“Businesses used to have the luxury of creating financial forecasts monthly or quarterly. Now, this process must be conducted on a more real-time basis. The pandemic has caused many finance organizations to adapt their approach to forecasting. By working closely with the supply chain office on forecasting, finance organizations can help the supply chain to become more flexible, agile and predictive in meeting the challenge of future disruptions.”
CFO Magazine: Supply Chain Turmoil: Applying the Lessons
March 23, 2022
“Improved planning and forecasting, if an organization undertakes the effort, will come in handy as lead times return to normal levels and suppliers return to realistic production schedules. It will also help if consumer and business-to-business demand wither due to persistent price inflation.”
CFO Dive: Small Businesses See Inflation as No. 1 Challenge
March 9, 2022
“Rising prices for months have disrupted CFO budgeting, risk management, forecasting and pricing, and show no signs of easing.”
FP&A Trends: My Top Five Predictive Planning Lessons
March 4, 2022
“Ask people what predictive analytics is about – they might mention a crystal ball or sci-fi novels. In practice predictive analytics has nothing to do with black magic or rocket science. It is a proven and robust technology, based on math, that can bring concrete benefits to finance organisations, when rightly used.”
CFO Dive: 4 CFO Scenarios – and Fixes – for Inflation
February 17, 2022
““Part of taking the scenario-based view is making sure that leaders — CFOs and other leaders — are prepared no matter what future comes to pass,” according to Andrew Blau, a managing director at Deloitte. “We stress the importance of being prepared for all the scenarios.””
FP&A Trends: Financial Planning in the Age of Uncertainty
January 20, 2022
“Uncertainty can take many forms. It can manifest in a natural disaster, the merger or acquisition of a competitor, geopolitical changes, or a global pandemic. In fact, the current Covid-19 crisis has challenged the forecasting models used, especially when it comes to predicting the evolution of a company’s business in a highly uncertain environment.”
