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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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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Beyond Excel: Toolset of the World Class FP&A

In our world of Finance & Accounting, we provide value by extracting insight and foresight from data. Our tools have changed over time (eg, Abacus, Calculators) to primarily Excel in today’s world. But can Excel do it all?

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Collaborating with Technology

While valuable data may exist, team members often lack access to it given that it is stored in different parts of the company, held in different non-comparable formats, or not properly shared. To optimize team efforts, effective collaboration and distribution of valuable data are necessary.

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