In this article, the author outlines the difference between Scenario Management and forecasting and illustrates how we can apply the first to Strategic, Operational and Financial planning.
Implementing cost accounting efficiently and with limited resources requires a strategic and streamlined approach. In this article, the author outlines a step-by-step action plan to achieve it.
In the second part of our blog series on Demystifying Cost Accounting, the author focuses on the practical aspects of cost control in manufacturing.
In this article, the author is trying to capture a few areas that might need a renewed focus from FP&A professionals in 2024. Focusing on these aspects will help FP&A leaders contribute to profitability and cash flow and truly enhance shareholders' expectations.
In this video, Hashim Ahmed shares his practical experience implementing AI/ML for budgeting and forecasting processes. He exemplifies his insights with a Continuous Planning learning loop from his organisation, enumerating critical success factors for AI deployment and challenges they faced during their implementation journey.
This article considers the spectrum of approaches to sales planning, ranging from automated and arithmetic to granular and hands-on. The article ends with a methodology that could give you the best of both worlds in a modern business environment.