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Using a well-developed planning and forecasting process to create effective business insights is one of the most important traits of high-performing CFOs, according to a new survey.
Traditional planning, budgeting, forecasting, and reporting processes no longer are meeting organizations’ needs, a survey of CGMA designation holders shows. Learn how the finance function can help refresh these processes to provide better guidance to businesses.
The once-delayed employer mandate in the Patient Protection and Affordable Care Act takes effect Jan. 1, 2015. Here are ways small businesses can lower their health care costs with the new requirement looming.
Careful attention to metrics has helped online cinema ticketing service Fandango become a prominent player in the US entertainment industry. See how CFO Rob Leff, CPA, CGMA, and his staff use forecasting to help the company build successful partnerships, targeted marketing initiatives and focused strategic plans.
Harnessing data for strategic planning, streamlining processes and bracing for heightened regulatory concerns are the top priorities for CFOs and the finance function, according to a new survey report.
Companies have the data, and finance professionals have the skills to help turn that data into insight. That’s one takeaway of a new CGMA report, which examines the state of Big Data and the impact it can have on business in the future.
There’s a business model movement afoot that has what were once product-focused businesses, such as Rolls-Royce Aerospace, selling the service, solution or outcome that their products provide.
Irving Oil was able to combine lean thinking and activity-based costing to drive efficiencies throughout the company, a process that continues on the way to a goal of $100 million in cost reduction by 2014.
US businesses increased their cash reserves during the second quarter of 2013, and the cash build-up appears likely to continue in the third quarter, according to a recent Association for Financial Professionals (AFP) report.
Financial planning and analysis improvements have not delivered the anticipated value. Failure to fully consider hidden, business-level costs may be to blame. Close collaboration between corporate finance and business units can fuel process improvements, cost savings and improved, actionable data.
Despite a slowing in US mergers and acquisitions (M&A) activity in the first half of 2013, conditions are ripe for increased transactions in the second half of the year, according to a new analysis.
Accountants could do more to embrace uncertainty, according to Accenture’s David Axson, who spoke at the American Institute of CPAs Financial Planning & Analysis Conference in Las Vegas.
Regulatory compliance challenges are widely expected to create heavier workloads and spur hiring in the financial services industry, according to a new survey of executives in seven countries.
Twenty years after the introduction of the Balanced Scorecard, performance management expert Bernard Marr explains the differences between companies that merely compile data and those that thrive from it.
