by benjaminwann | Mar 20, 2023 | General BI and Data Management
by Benjamin Wann, FP&A expert and writer at benjaminwann.com FP&A is a crucial function in any organization because it helps to identify and manage financial risks. FP&A professionals work with key stakeholders, such as investors, customers, and...
by jackguarneri | Mar 6, 2023 | General BI and Data Management
The business of fashion requires the fastest, most responsive Business Intelligence possible. Fashion businesses must be prepared to unexpectedly, and sometimes drastically, change purchasing, staffing, operations, and other strategies. Theirs is an industry...
by johnflorio | Feb 13, 2023 | Budgeting, Business Analytics, Business Intelligence (BI), Data Analysis, Data Management, General BI and Data Management, Ms Excel, OLAP, PowerExcel, Reporting, Software
Abraham Lincoln has a famous quote, “If I had six hours to chop down a tree, I’d spend the first four hours sharpening the axe.” Not many of us enjoy taking part in the budgeting process each year. The process is the most tedious and potentially risky task we do to...
by benjaminwann | Feb 7, 2023 | Budgeting, Finance and Banking, General BI and Data Management
-by Benjamin Wann, FP&A expert and writer at benjaminwann.com Abstract: This article is an in-depth review of the end-to-end budgeting process, covering each of the steps required to prepare, build, and set a corporate budget. The article explains each...
by jackguarneri | Jan 24, 2023 | Budgeting, Finance and Banking, General BI and Data Management
Not all firms budget, but nearly all that do use Excel. This is true for firms of all sizes, across all industries, and around the world. Among those firms that do budget, even staff who have relatively few numbers to contribute—in contrast to Finance professionals...
by dfernandes | Jan 23, 2023 | Budgeting, Business Analytics, Business Intelligence (BI), Data Management, General BI and Data Management
More than ever, CFOs are expected to look at past and present performance to formulate dynamic future growth strategies that will guide a company through the competitive landscape. They must consider revenue targets; gross margin goals; keeping costs down while...