DataRails Blog

The DataRails blog is dedicated to keeping you informed so you can plan smarter. Enrich your knowledge base to help your organization grow and thrive.

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Enhance Reporting to the Board

Finance leaders know their numbers inside and out. The Board, however, does not. Even more than that, they don’t care to know the numbers as intimately as finance leaders do. Instead, what they want is a perfect summary of everything they need to know in as few words as possible.

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A New Era for FP&A

The financial planning and analysis (FP&A) function has undergone a dramatic transformation and re-modelling around the globe over the last decade to help it to provide these predictive capabilities. New technologies and ‘big data’ software interrogation tools mean that numbers can be crunched and accurate scenarios run thanks to the rise of cheap ‘big computing’ power.

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What Is Connected Reporting?

For many organizations, reporting has become a challenge. Globalization, regulatory change, and rapidly increasing requests for information by decision-makers result in a high-demand environment. This is where connected reporting comes in.

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Why Accounting is Important in FP&A

Accounting is more than financial statements and tax returns- accounting is the study of transactions. Transactions are the primary element in thinking and learning about how companies accumulate wealth, so here are the three areas of accounting that FP&A professionals should know how to incorporate in their work.

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