How well aligned is your FP&A team with operational departments like sales and marketing? Let me guess. Not so much. That’s a problem: Alignment between finance and other facets of your business is now more important than ever. With today’s quickening pace of business, the need for a more collaborative… [READ MORE]
Because nonprofits must report to a huge array of stakeholders—from individual donors to the grant-giving federal government—and because they must stretch every dollar, their nonprofit budgeting and reporting requires even more detail than that of for-profit institutions. What’s more, these organizations don’t have the luxury of increasing overhead costs, which… [READ MORE]
There’s feedback, and then there’s feedback. When your entire job is focused on ensuring the success of customers, there’s no better feedback than the kind that comes directly from the people who use your platform. Don’t get me wrong: We’re thrilled when we earn recognition from respected analysts. But customer… [READ MORE]
For FP&A, financial reporting is a tricky balancing act. If you share too many reports, business leaders may give up reading them all together. In a study by the American Institute of CPAs and the Chartered Institute of Management Accountants, 32% of C-level executives said more data has made things worse,… [READ MORE]
No number exists in a vacuum. Looking at revenue without also considering expenses won’t tell you much. You don’t see the profit level subtracting the “middle line” from the “to line” to calculate the all-important “bottom line.” Counting customers without also tracking attrition is a wasted exercise. And that need… [READ MORE]
If you’re a CFO, you probably know your job is changing. Today’s high-performing organizations demand more strategic financial leadership. These companies want their CFOs to proactively manage business performance and to do it with an ever-increasing array of technologies and data. But as complexity skyrockets, CFOs’ resources aren’t keeping pace.… [READ MORE]
As part of my job at Adaptive Insights, I meet regularly with FP&A peers working at software as a service (SaaS) companies. Their questions often echo the same concerns: How can I forecast revenue more accurately? What are the metrics that matter? Is there a way to beat back the… [READ MORE]
The CFO as a change agent? Just a few short years ago, that idea would have been a real stretch. However, the digital transformation of companies has become a key driver in turning CFOs into change agents around the globe. In recent studies by Deloitte, we identified three major technological trends… [READ MORE]
When it comes to the relationship between sales ops and Excel, well … it’s complicated. Many of us love our spreadsheets. And we’ve gotten scary good at Excel. As a result, we rely on the equivalent of digital duct tape to squeeze the most out of spreadsheets. Nested if-statements, vlookups,… [READ MORE]
When one CFO at a private banking institution moved over to the nonprofit side, she knew some of the reporting requirements would be different—but she didn’t realize just how much higher the requirements around accountability would be. That’s probably a thought shared by every finance team member who used to… [READ MORE]
