What SaaS Really Means for Modern FP&A

As a business leader, you’ve probably heard the term SaaS (Software as a Service) but may not fully understand what it means for finance teams or how it can enable you to run your company more efficiently and effectively. Given the current business environment, today’s finance leaders need to be agile and adjust their technology […]

How to Read a Budget vs Actual Report

How to Read a Budget vs Actual Report

Every business needs a budget — but having a budget is just the start. In addition to making a budget every month, quarter, or year, you also need to compare that budget to what your company actually earns and spends. Without a comparison between your forecasted income and expenses and your company’s actual income and […]

Finding the Optimal Path to Success Using Financial Scenario Planning

financial scenario planning

Every business has a set of interconnected levers, commonly referred to as business drivers, that affect the operational expenses and financial results. Common business drivers include personnel, physical stores, various product lines, units of production and so on. For instance, the more sales staff available, the more revenue to be gained, but the more expenses […]

Tips for Strategic Workforce Planning in a Post-Pandemic World

While workforce expenses have always monopolized the largest part of a company’s budget, (and likely what keeps you up at night!) in the wake of the global pandemic and a drastic shift to remote/hybrid work, workforce planning has never been more challenging to manage. Finance professionals must now consider new office related expenses, headcount attrition […]

What is Financial Reporting?

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets.  For most organizations there are four key financial statements that present a complete picture of the financial […]

Modernizing Your Process: Budgeting Best Practices for Finance Teams

As many organizations begin to look to the months ahead, building a 2022 budget is at the top of many to-do lists. For most CFOs and their teams, it’s a time when they must do the impossible – pin down a budget and financial plan despite constant flux and uncertainty. Which is why implementing best […]

4 Ways FinTech Can Help Improve Your Business’s Financial Situation in 2021

Fintech is a buzzword that you likely have heard thrown around the business sphere over the last ten years or so. If you don’t know yet, Fintech, or financial technology, is any piece of technology that is intended to improve financial processes. After the global financial crisis that took place in 2020, many businesses are […]

Financial Reporting: Empowering Business & Finance Leaders

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. Up until recently, robust reporting required the heavy involvement of IT and the Finance team, and at […]