The Ledger
Curated content foranalytical business leaders
CFO Magazine: Survey: 5 Top Challenges and Priorities CFOs Face in 2022
“With supply chain problems still looming, CFOs are looking to invest in new ways to streamline operations. Nearly half (46%) of CFOs surveyed said capital will be allocated to improving this part of their organizations. Beating out sales, marketing, IT, and HR combined, it’s clear CFOs across the board are looking to tackle logistical issues over all else by funding new ways to improve their processes.”
SF Magazine: Storytelling in Data Strategy
“If you’re sharing a forecasting model that’s created through the coding language Python, for example, and you know your audience members aren’t coders, avoid detailing lines of code and explaining the testing. Instead, explain how the forecasting was done covering criteria, confidence levels, and other relevant data. If you’re speaking to members of the finance data and analytics center of excellence, you might want to go through the robustness of the model and testing done. They would love to get technical.”
CFO Journal: The Big Deal About Data in M&A
“In addition to leveraging intelligent tools, getting an early start and selecting an appropriate data management framework are also essential for increasing M&A transaction value in an environment where data is often an organization’s most valuable asset.”
CFO Insights: What is On Your Transformation Risk Checklist? Part II
“Suppose you have used a personal spreadsheet for years to calculate a certain formula, but your company has introduced a new system to handle that. If you insist on using your method, the company no longer knows whether you have used the correct assumptions to calculate the formula—or if errors have been introduced into your spreadsheet.”