Tag Archives: financial data

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5 Steps to Bringing Your Analytics A-Game in 2017

There is a burning need for FP&A teams to become more strategic partners to business. When we surveyed more than 300 finance leaders for the Adaptive Insights CFO Indicator Q2 2016 report, 75% said they wanted their teams to have a significant and strong impact on their organization—but only 46% believed they could have that kind of impact by 2017. What was the disconnect? The chief reason cited was a lack of time for strategic planning.

With 2017 now underway, it’s clear that visionary finance leaders need to reimagine the very ways that FP&A teams function and collaborate—and usher in a new shift in culture. Kerman Lau, vice president of finance at Adaptive Insights, and Hitesh Peshavaria, a partner and advisory leader at Deloitte, recently discussed this in a webinar. They offered practical steps that FP&A leaders can take to realize a culture of analytics—where FP&A spends less time on manual and transactional tasks, and more time on analysis and generating strategic insights.

Watch the webcast “Creating and Owning a Culture of Analytics: How CFOs can Transform FP&A”

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Engaging Department Heads Beyond Finance in Planning and Forecasting

Guest blog by Lisa Bauman, CFO, Certus Energy Solutions

In today’s data-driven world, CFOs are increasingly called upon to decipher and deliver the single source of truth used in strategic decision-making, due diligence, and evaluating performance across the organization. The challenges involved in gathering, analyzing, and presenting data from disparate sources can be daunting. Fortunately, today’s technology and software products provide us the sophisticated tools that we need to be successful in this endeavor. (Disclaimer: I’m an Adaptive Insights customer.) However, this data challenge cannot be solved by software alone. To succeed, we must rely on our entire team to ensure we are gathering the right data from the right people to deliver the right analytics.

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Transformation Of Lime Butterfly

Adaptive Roadshow 2015: Are You Ready to Transform Your Finance Function?

When people see the word “transformation,” they often think of butterflies (seriously, search Google images for “transformation” and, boom, butterflies), or cars morphing into machine aliens poised to take over the human world (Transformers, of course), or maybe even that shy, awkward high schooler who rolls up to that 10-year reunion in their Ferrari as a successful adult. What people usually don’t think about is how the word “transformation” can be applied to their finance functions.

Finance professionals (and really all professionals at some point) often get stuck in the same patterns and a “this is the way it’s always been done” way of thinking. However, as finance leaders rise beyond the spreadsheets to become strategic business partners, stale practices and processes need a refresher. That’s why Adaptive Insights is traveling along the Road to Insights to bring finance transformation to YOU. Just consider us your finance makeover team!

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CFO Must-Reads: Week of 8/17

Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reporting

This week we read about the continued changes we see for the modern CFO and their finance teams—from the increased use of technology to their growing strategic roles and a great read about key CFO concerns by region.  Continuing to give our readers an easy way of staying current on the latest information, we’ve compiled the following list of 5 “CFO Must-Reads” from the week of August 17, 2015. These are gathered from a variety of resources such as CFO.com, McKinsey, and The Washington Post.

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Weekly Wrap-Up: CFO Must-Reads

Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reportingStaying current on the latest finance industry news, updates, and opinions is a critical part of being an adaptive, modern finance leader.

And to give you an easy way to stay abreast of all the happenings in the world of business and finance, we’ve compiled the following list of modern CFO must-reads from the past week. So enjoy this week’s top five finance stories, and leave a comment if you’ve read an article  that you consider a CFO must-read!

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Weekly Wrap-Up: CFO Must-Reads

Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reportingStaying current on the latest finance industry news, updates, and opinions is a critical part of being an adaptive, modern finance leader.

And to give you an easy way to stay abreast of all the happenings in the world of business and finance, we’ve compiled the following list of five modern CFO must-reads from the past week. So enjoy this week’s top five finance stories, and leave a comment if you’ve read an article  that you consider a CFO must-read!

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Weekly Wrap-Up: CFO Must-Reads

Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reportingStaying current on the latest industry news, updates, and opinions is a critical part of being an adaptive finance leader.

And to give you an easy way to stay abreast of all the happenings in the world of business and finance, we’ve compiled the following list of five modern CFO must-reads from the past week. Leave us a comment if you’ve read an article this week that you consider a CFO must-read!

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Dubner to CFOs: ‘Think Like A Freak’

Adaptive Insights, Stephen Dubner, Adaptive Live 2015Stephen Dubner has no shortage of interesting anecdotes to share.  As the best-selling co-author of the Freakonomics book series, Dubner is a master at breaking down the numbers behind so many of life’s seemingly non-analytical situations.

His data-driven mindset was on display last month at Adaptive Live 2015, where he covered the numbers behind everything from how germs spread, to the analytics of artificially inseminating turkeys, to the rise of the experimental monkey economy.

So what does that have to do with a finance conference, you ask?

Businesses operate to solve problems that people will pay to have fixed. I’m in the business of B2B SaaS sales for a cloud-based corporate performance management solution designed to help finance teams improve budgeting and planning productivity. At Adaptive Insights, we’re all in the business of helping CFOs and broader finance teams maximize the value of financial data to get better analytics that drive more strategic business decisions. And CFOs? They’re in the business of not only being the financial leaders of their companies, but many are also becoming broader strategic leaders who help drive competitive advantage. And as an accomplished writer and speaker, Dubner’s business is understanding incentives.

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Conflict Tug-of-war Arguing Business Rope Pulling Fighting

Can Data Analysts & IT Pros Finally Align Around Business Objectives?

Given the increased importance companies worldwide are putting on big data analytics, it should come as no surprise that demand for “Data Analysts” is nearing a frenzy. BusinessDay is even calling it the “choice job of the 21st century”.

While more data-driven decision-making is a largely positive shift for organizations, the growing popularity and demand for data analysts – financial data analysts in particular – has put more of a maintenance burden on IT teams.  As analysts adopt new data discovery tools, IT is often left “holding the bag” – charged with solving difficult technical issues when integrating new tools with existing applications and scaling use of those tools throughout the organization. Quelling this conflict is at the core of the new Adaptive Insights 2014.2 release.

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Motion blurred race track vintage mood .

Leading with Financial Analysis: Accelerating The Information Loop

New technology that transforms financial strategy, management, and information collection has business information traveling faster than ever. It’s a trend that has helped to position corporate finance teams to better assist the CEO and Board of Directors set corporate strategies.

But there’s one thing every finance executive should know if they want to take advantage of the opportunity to become a strategic authority within their company: The level of leadership and influence finance can provide is directly associated with how quickly the team can produce valuable financial metrics to influence business decisions. Those teams depend on having the right type of financial analysis software.

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