Video Series - Maximize Your Investment in CFO Development
This series of short videos is a great way to evaluate how to maximize your investment in CFO development.
The Finance Function of the Future
McKinsey has published an interesting piece that merits the attention of finance leaders and professionals.
Their Finance 2030: Four Imperatives for the Next Decade1 include:
- Look beyond transactional activities
- Help finance lead in data
- Improve decision-making
- Reimagine the finance operating model with new capabilities
The Importance of Planning and Forecasting in Business Intelligence
The planning (i.e., budgeting and forecasting) process for most organizations is long and tedious and occurs on an annual basis, at least. The annual planning cycle is simply not responsive enough to change for most organizations. In recent times, companies have moved to rolling forecasts and driver-based planning to improve forecast accuracy.
CFO Talk: Improving the Bottom Line - Part II
Organizations strategically manage 80% of their spending that frequently fall with roughly 20% of their suppliers. The other 20% of spending falls in tail spend category. Frequently this area is overlooked and have potential savings in the range of 10-40%. Dileep addresses how to tackle tail spend, common expense categories that make it up and same case studies to help you visualize the potential for tail spend savings at your company.
CFO Talk: Improving the Bottom Line - Part I
Learn about the four keys to strengthening and improving your Supply Chain. Benchmark your supply chain procurement process against the activities of good, great and exceptional finance teams are doing. Dileep also shares steps you can take to capture improvements in the top categories ripe with opportunity.
