Assessing the market to select a suitable replacement that will fully support your organization's transition to a modern xP&A strategy can be a daunting task. In this post, we look at key considerations for legacy system users.
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Finance experts Anders Liu-Lindberg and Mohamed ElRouby carry you away into Financeland where they make a case for storytelling in FP&A.
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This week we welcome back finance expert Anders Liu-Lindberg to the Jedox blog. In this piece, he defines value creation in the context of business partnering and gives answers on how to measure the value of the practice.
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“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.
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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.
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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.
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