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financial planning

financial planning

May 8, 2023

Presenting to the Board – A Nonprofit CFO’s Perspective

By Centage

with Susan C. Lowe, CPA, CGMA As a nonprofit finance leader, you are accountable to many stakeholders – especially your Board of Directors. Your role is critical and complex as you know and understand the financial operations of your organization inside and out – and...

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financial planning

April 24, 2023

Modern FP&A for Healthcare: The Key to Precise Planning & Forecasting

By Andrew Lamb, Senior Vice President of Sales

Today, it’s a fast-paced business world. As change continues to add uncertainty to the Healthcare sector finance leaders remain tasked with effectively analyzing, monitoring and predicting the financial performance of your organization. The Shift to Modern FP&A Unprecedented cost pressures, along with regulatory and reimbursement...

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financial planning

March 14, 2023

The Power of Accurate Personnel Planning in Times of Uncertainty

By Centage

The ongoing economic uncertainty continues to pose a serious challenge for CEOs and financial leaders. And one of the most significant obstacles is finding ways to do more with less. As companies slash budgets, finance teams need to find ways of making the company’s cash...

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financial planning

January 17, 2023

2023 Financial Planning: The Importance of the Budget vs. Actual Statement During Times of Change

By Centage

Today’s business leaders are facing unprecedented uncertainty. Between a volatile stock market, high interest rates, supply chain issues, inflation, and a possible recession, having a solid financial planning process in place is an important piece of sustaining your business through challenging times. As part of...

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financial planning

December 21, 2022

3 Levels of Stress Testing Your 2023 Financial Plan

By Andrew Lamb, Senior Vice President of Sales

The Value of Stress Testing Your Financial Plan As we approach the end of the fiscal year and begin a new one, business leaders have an overriding concern: How accurate are the assumptions we made when we created our plan? This is especially concerning as...

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financial planning

October 24, 2022

Lessons Learned: 3 Trends From the Last Recession That Will Play Out This Time Around

By Centage

It’s no secret that another recession may be on the horizon. Not only is the world still grappling with the effects of the ongoing COVID pandemic, but high interest rates and elevated inflation have many concerned that an economic downturn is coming. In fact a...

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financial planning

October 17, 2022

Financial Planning for 2023 and Beyond: Steps to Nail Your Three Year Strategic Plan with Modern FP&A

By Centage

Individuals and businesses alike have endured extreme stress in recent years, and there’s no sign of the situation improving any time soon. Along with the continuing impact of the COVID pandemic, companies are currently dealing with the effects of Russia’s war on Ukraine, sky-high inflation,...

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financial planning

September 20, 2022

5 Ways to Evolve Your FP&A Process During Times of Constant Change

By Shannon Dake, Director of Consulting

It’s no secret that today’s business leaders are facing unprecedented uncertainty. Between pandemic insecurities, a supply chain crisis, labor shortages, and the growing threat of recession, companies that rely on traditional planning and forecasting may find themselves struggling to stay competitive. Fortunately, modern financial planning...

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financial planning

August 10, 2022

Business Planning Best Practices to Navigate a Downturn

By Centage

It’s a challenging time to run a business. Even as companies cope with the lingering impact of the pandemic, they’re also dealing with new concerns of inflation, recession, softening demand, and higher cost of capital. With supply chain bottlenecks making it hard for businesses to...

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Also by This Author

  • Formula-free accounting: FP&A on easy mode
  • Budget vs Actuals: The Key to Measuring Business Performance  
  • Tips for Success: The Role of Profitability Analysis and Improving Profit Margins
  • Beyond Budget Season: Continuous Planning for Success  
  • The Value of Adopting a Driver-Based Budget

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