The Ledger
Curated content foranalytical business leaders
CFO Insights: Revolutionizing Reporting in the Digital Age
“Real-time reporting will arrive when all aspects of the reporting process become automated and streamlined. The big barriers today are data quality and latency. Fortunately, the future of reporting holds real promise for companies that want to take advantage of it. Automation helps simplify and streamline data management because data used in reporting is no longer prepared for analysis manually. The software does that work.”
FP&A Trends: Reinventing FP&A: FP&A Analysts
“In the past, all an analyst needed to know was Excel. But as data volumes increased and multidimensional technology evolved, analysts had new tools to analyse data from different perspectives, identify time-series trends, and set up alerts when values exceeded set parameters. As analytic technology matured, statistical techniques were embedded into applications that allowed simple forms of correlation which could then be used to build driver-based models to predict future events. All are still within the capabilities of the average accountant.”
CFO Journal: CFOs Weigh Investing in Supply Chain Resilience
“Many technological tools can help boost resilience, but companies should find those that best suit their needs. Some CFOs may decide they would benefit from real-time visibility into inventory levels. Others may start using blockchain to track products or begin leveraging predictive analytics to model different scenarios.”