The Ledger

Curated content for
analytical business leaders

FP&A Trends: Why Should We Care About Data Governance and Data Literacy?

“To understand the importance of data governance, we need to understand the risks of poor data governance:

  1. Poor data quality
  2. Poor and wrong decision-making
  3. Increased forecast risk
  4. Increased percentage of unstructured data
  5. Fractured data sources”

Read More at FP&A Trends >

CFO Dive: CFOs Plan to Boost ESG Spending Despite Recession Risk: Survey

“A gap remains between sustainability goals and execution — while most financial leaders agree addressing ESG issues is important, most also say their organizations lack the tools to include ESG in their decision-making.”

Read More at CFO Dive >

CFO Magazine: 79% of Executives Expect a Recession; Only 35% Feel ‘Very’ Prepared: Weekly Stat

“Decision-making data showed that 47% of prepared leaders said they will turn to information technology to aid in decision-making moving forward, while 41% of the not very prepared said the same. A majority of the not very prepared group (55%) said they will lean on C-suite executives, while a third (33%) said they will lean on accounting or finance for a majority of their decision-making aid. The prepared group also saw value in tapping the C-suite and the finance department when making decisions, despite seeing the wisdom of leveraging IT and outside consultants.”

Read More at CFO Magazine >

CFO Insights: Why CFOs are Moving Toward a More Dynamic Finance Function

“Embedding the finance function with enough speed, strength, and flexibility to adapt—despite what uncertainty may arise—can turn a traditional support function into a competitive advantage. A streamlined, adaptable finance function can enable an enterprise to capitalize on disruption-generated opportunities, helping the business advance its goals while rivals are still struggling to react.”

Read More at Deloitte >