Reimagining Forecasting in Uncertain Times

One of the key purposes of forecasting is to help organizations continuously anticipate the future, assess its likelihood, consider the implications and use all the available information and practical techniques to make confident decisions that maximize the potential of the business and improve enterprise performance. Of course, this is not an attempt to simply predict […]

New Report on Finance Transformation From AICPA & CIMA and KPMG

In the past years, finance has been undergoing significant changes in order to streamline its operations and free up more time to partner with the business and support key decision-making processes that drive enterprise performance. Sadly, not all finance transformation initiatives are achieving the expected outcomes or return on investment outlined in their business cases. […]

Risk Decision Making in an Interconnected World

Globalization and advancements in digital technologies have fundamentally eliminated barriers to doing business. Today, the world has become so interconnected that we are now able to carry out business with any organization across borders anytime of the day. The opening of global markets which were once impenetrable for individuals, smaller enterprises and organizations is presenting […]

Innovation in the Finance Function

Compared to other organizational functions such as Sales, Marketing and Supply Chain, the Finance function is often lagging behind when it comes to embracing innovation. In today’s era of disruption and rapid technological advancement, the only way CFOs and Finance teams can ensure sustained relevance and create value across the enterprise is through innovation and […]

A Proactive Approach to RPA Adoption

In order to enable their team members to focus more of their time on higher value, higher satisfaction tasks demanding high levels of flexibility, creativity, critical thinking, problem-solving, leadership and emotional intelligence rather than repetitive tasks, CFOs are increasingly turning to RPA. Short for Robotic Process Automation, RPA uses software to complete repetitive, structured, rules-based […]

Finance and Enterprise Performance Improvement

In the past several years, the role of finance in business has significantly transformed from being a back office, desk-bound, number cruncher into a more broader, stakeholder-engaging and advisory role responsible for influencing strategic and operational decision making and improving enterprise performance. Thanks to new innovative digital technologies and business operating models, CFOs and their […]

Analytics and AI: Humans and Machines are Good at Different Aspects of Prediction

Mostly driven by growth in the IoT, and the widespread use of internet, social media and mobile devices to perform search, send text, email and capture images and videos, the amount of data that we are producing on a daily basis is startling. Consequently, companies are turning to data analytics and AI technologies to help […]

Finance Analytics: Using The Right Data to Generate Actionable Insights

We are living in the information age. Data is everywhere and affecting every aspect of our lives. As the use of data and analytics become pervasive, in future it will be uncommon to find an industry not capitalizing on the benefits they can provide. CFOs are increasingly leveraging data and analytics tools to optimize operational […]

Transforming Your Business in Times of Continuous Change

In times of continuous change, there are both winners and losers. Some company’s grow to become high performing, innovative and competitive enterprises while others develop into fighters, fighting for survival on a daily basis. Today’s business environment is constantly evolving, with many factors both internal and external to the organization affecting the achievement of its […]

The Accuracy in your Forecast Matters More than the Forecast Itself

One of the roles of the FP&A function is predicting future business performance and help business leaders prepare for an unplanned future through forecasting and decision support. Although anticipating the future is challenging given today’s fast-changing environment, looking ahead is increasingly essential. The world is far, far more complex than we think. Unknown unknowns and […]

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