Performance management is not about being the nasty person that always points out gaps and the holes in the cheese. In this blog, finance expert Anders Liu-Lindberg gives insights on why it is important to facilitate business partnering.
“Brace! Brace! Brace!” is what many CFOs may have heard at the onset of the crisis. To their credit, CFOs across every sector buckled in. They balanced employee health risks with commercial imperatives. They addressed supply disruptions, eased AR and AP pressures, and reset investor expectations — all while managing liquidity and conserving cash.
The depth and breadth of the 2020 crisis caught many unaware. It thrust the Chief Financial Officer (CFO) to the frontline of business survival and saw many setting up cash control towers with granular oversight over cash flow, receivables, and payables to navigate disruptions.
The 2020.3 version of Jedox software enables anyone building applications in Jedox to design an interactive experience for end-users with ease. And the all-new, hyper-flexible Jedox Lists take ad hoc reporting and analysis to another level.
In today’s challenging market landscape, CFOs have struggled to answer basic questions like what is my optimal cost structure and what will my cash position be at any given time? Time-consuming manual verification and uploading of data, and the prevalent use of spreadsheets not designed for collaboration make the answer unnervingly complex.