For many companies, the procurement department and the sales staff might as well speak different languages. After all, one group is busy working with vendors to buy raw materials while the other is working with customers to sell finished product; their job descriptions are so different they would seem to have nothing in common. These differences give the perception that by working together they won’t add much value to the business. In fact, it is these differences that make their collaboration so valuable for their companies.

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In a business sale process, the Letter of Intent (LOI) is a non-binding agreement that defines the high-level terms of an offer to acquire a company. LOIs are more detailed than the Indications of Interest (IOI) collected earlier in the sale process.

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If you’ve ever tried to wrangle an Excel sheet that resembles a wild rodeo more than a financial report, welcome home. In the second part of this “CFO Talk” double-feature—“Data-Driven Decisions: Unlocking the Power of Analytics in FP&A”—a trio of heavyweights ride into the data, analytics and AI arena to tackle the real questions: Why does our road to data utopia keep winding like a Boston cow path, and why are we all hiding our spreadsheets like contraband snacks? Find the answers to these questions and much more in the CFO Talk.

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In this Finance Innovation and Excellence Summit panel, host Steve Rosvold speaks with guests Tobias Zwingmann and Tariq Munir on the integration of AI in business and finance.

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If you thought the wildest thing to happen to a finance department was a spreadsheet with color-coded tabs, think again. On the latest episode of CFO Talk: Data-Driven Decisions: Unlocking the Power of Analytics in FP&A” host Steve Rosvold and guests Brian Lapidus (Director of FP&A Practice at AFP) and Prashanth Southekal (Founder, DBP Institute) embark on a lively expedition into the jungle of digital transformation in finance.

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