Here’s a Zen koan for you: If data isn’t accurate, is it still data? Clearly, the answer should be no. But for too many finance departments, inaccurate or incomplete data is business as usual. And it’s not as if CFOs are unaware of this. According to the Adaptive Insights CFO…
The simple spreadsheet has become such a ubiquitous tool in the finance world that you probably don’t even notice it anymore. All those cells, sheets, and formulas have become familiar friends. As finance junkies ourselves, we get it. However, the fact is that Excel is a twentieth-century tool that doesn’t meet…
It’s been a few months since our annual Adaptive Live event in San Francisco, but my finance team and I continue to reap benefits from the experience. “Live,” as we call it, brings us face-to-face with our customers for several days of learning, networking, and recognition. We aim to provide…
It’s probably safe to say that if you’re reading this, your business depends on NetSuite ERP. You’re not alone: As the No. 1 cloud ERP solution, NetSuite is used by more than 40,000 organizations around the world. But when it comes to FP&A, the power of NetSuite isn’t always enough.…
The benefits of driver-based planning—an approach that links financial forecasts to operational activities—are indisputable. Unlike old-school, static plans, driver-based forecasting deepens transparency into operational drivers of performance and encourages collaboration with business stakeholders by producing plans that are laser-focused on the metrics that actually matter. And make no mistake: Meaningful…
Faced with regulatory uncertainties, growing demand, fluctuating costs, and fierce competition, those who run a hospital or healthcare system face a job that is as demanding as managing even the most complex corporate business. That’s why more and more healthcare CFOs rely on cloud-based financial software to increase access to…
As global volatility reaches a new high, CFOs’ jobs certainly aren’t getting any easier. But the finance teams at software as a service (SaaS) companies have a particularly tough job, because a traditional P&L statement doesn’t tell the whole story of what’s going on at your company. Because we’re a…
Last week, we said goodbye to our 2017 summer intern class and celebrated their successes over the past 10 weeks in our Palo Alto office. We had lots to celebrate, as their contributions were significant: creating new databases and automation systems, software enhancements, and sales enablement content, to name a…
Late nights. Working over the weekend. Learning the names of every barista within a quarter-mile radius of the office. If you’re in charge of creating financial reports, you don’t need me to tell you how much work it takes to keep information updated and accurate. That’s because you’re likely logging…
With the right systems, processes, and technologies, finance leaders are in an ideal position to not just identify areas for growth and spend—but also to mitigate threats. These days, cybersecurity is everyone’s concern. But CFOs have particular reason to ensure their companies are prepared to fight back: A study conducted…
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