Take 6 steps to improve financial analysis

Posted by Stephen Hambling on 03/05/18 10:08

This blog post will look at what good financial analysis looks like. seasoned finance people know the value of good analysis, but there is so much which gets in the way of being able to do this well, so here are some steps to take to ensure you get the most out of analysis. 

Judgment  on how the business is performing is based on a whole heap of parameters. sales, operational and specific  KPI's rnd financial data, as well as confidence and other less tangible information. Financial decisions, such as securing loans, acquiring new assets, or issuing stocks and bonds, flow from good analysis, so its not surprising that emphasis on this skill is high, and growing. 

Continue Reading...

Tags: financial analysis, Financial planning, financial forecasts, budgeting solutions

Drive your decision making with financial agility

Posted by Charlotte Taylor on 19/04/18 13:11

Speed is of the essence when it comes to decision making. What drives this is good information and processes.

So from start line finish  how long does this process of decision making take in your organisation? 

Winning a drag race is about engine power and transmitting that into grip on the road, as well as a good driver to steer the course.   In the decision making process the power is in the information to drive the decision, transmission is about getting insights and reports out to all the relevant stakeholders and the driver is you, the CFO who steers the course by providing good analysis and insight.

Continue Reading...

Tags: financial forecasting, Reporting, Data Integration, Forecasting faster, decision making

Wasting time with slow loading spreadsheets?

Posted by Charlotte Taylor on 05/04/18 10:00

We've all been there; hard pushed for time, a critical business event demands a re-forecast. Meanwhile the egg-timer on screen tells you the mammoth spreadsheet you're trying to open, is going to take another 12 minutes! So here a few things you COULD be doing with your time, instead of sitting waiting for your monster spreadsheet to open, if you moved to cloud planning.

  • creating a new scenario
  • Updating assumptions
  • writing a new report
  • reviewing the results

 

Continue Reading...

Tags: spreadsheets, FP&A, forecasting solutions, financial forecasts

4 REASONS not to delay your projects of improvement

Posted by Charlotte Taylor on 19/03/18 17:19

Time on your hands? It is a fact that few of us have time on our hands these days.  In the finance function this is truer than most. 

As the dust settles on the hiatus of the year end and January month end thoughts turn to projects, and getting things underway before the summer holidays kick in. 

However your road map, can be mown down by the Juggernaut of business demands which hit your best laid plans, by tieing up your team, time and energy. So here are a few arguments for putting finance improvement first which the business will want to listen to. 

Continue Reading...

Tags: finance transformation, finance change, financial forecasting, Reporting, Data Integration

 Planning Software choose your weapon

Posted by Charlotte Taylor on 01/03/18 10:20

Planning is becoming a core need for business today. And there is a lot of software out there to help in the process. If you are looking at improving the way the business forecasts and planning improvement is on your radar, then here are some tips on how to assess and what to look for as part of your planning weaponry. 

Continue Reading...

Tags: cloud forecasting, transforming finance, FP&A, forecasting solutions, Financial planning

A guide to keeping Spreadsheet monsters

Posted by Stephen Hambling on 13/02/18 08:21

We have all seen, or worked with, or even built, a spreadsheet monster. There is a high chance that there is one lurking in your office somewhere. They usually congregate in the Finance department and can often be seen during budgeting. They tend to come out at night, usually with their keeper.

Continue Reading...

Tags: spreadsheets, spreadsheet error risks, finance solutions, Excel

Top down Versus Bottom Up

Posted by Charlotte Taylor on 08/02/18 08:08

As long as there has been budgeting there has been debate about whether Top down or Bottom up is the best approach. As consultants it is probably the most common conversation we have with our customers. Both have their pro’s and con’s, but, until now, they have also been mutually exclusive. 

Continue Reading...

Tags: new appointmment, high-growth, faster forecasting, new in post

5 'suite' spots to hit for your planning solution on Netsuite

Posted by Charlotte Taylor on 06/02/18 08:19

 

As a Netsuite user you know it delivers in many ways - but  planning isn't one of them. So if you are looking to speed up your forecasting processes on Netsuite here are 5 sweet spots you want to hit. 

Continue Reading...

Tags: netsuite, Adaptive Integration

6 reasons to up your planning game

Posted by Charlotte Taylor on 23/01/18 17:46

We work with organisations both large and small from many different sectors, they start their journey with a common desire to take their planning capability up a gear.

Continue Reading...

Tags: transforming finance, FP&A, forecasting solutions, Financial planning

old school systems costing you talent?

Posted by Charlotte Taylor on 17/01/18 18:15

Can old systems cost you valuable talent? - lets face it days spent manipulating chunks of data and making sure all the numbers still add up is no-ones idea of a good time.

Today one of the biggest challenges for companies is finding, attracting and retaining talent. Once you have it, the cost of new people being trained as well as the time it takes to bed them in can all impact a business. So why do we waste this talent doing repetitive, mundane and uninspiring drudge work on old systems which don't do the job anywhere as well as the new breed solutions.

Continue Reading...

Tags: transforming finance

Subscribe to email updates

Lists by Topic

see all