Moving too slowly can be all that it takes for competitors to surpass a business. To avoid being left behind in the dust, companies need to do whatever it takes to stay relevant. Oftentimes, this means beating the competition by simply moving quickly.
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From startups to factories, every type of organization relies on data. Business plans, strategies, and major decisions are made based on data collected and managed over a certain period of time. For all of these organizations, the quality of their information is vital.
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.
How does one person handle career navigation, skill-set maintenance, goal achievement, and work/life balance, while also moving up the financial practitioner maturity model?
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.
Many people across the business world have worked to discuss, define, and scope out what the Finance Business Partner is to the point where most thought leaders are in agreement. Here it is.
To help you get a clear picture of what DataRails can do we decided to turn to the people who can probably describe it best- our users. We turned to existing customers and asked them to describe work before and after using the platform. We aim to help you understand the experience of working with the system and convey how you can significantly enhance your work, without changing the way you work, with DataRails.
I’ve been asked more than once “what do you think will be the biggest/most important/most impactful trends in fp&a of the coming year?” To answer this question, I’ve refined and distilled what I believe are the top technological trends for financial planning & analysis in 2019.
If planning becomes a shared responsibility across departments, chances are it’ll be a more accurate and credible reflection of the business.