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Companies are clearly having a hard time planning. A survey from Gartner of 99 CFOs and finance leaders taken April 14-19 revealed that 42% of CFOs have not incorporated a second wave outbreak of COVID-19 in the financial scenarios they are building for the remainder of 2020, a finding dubbed “surprising,” by Alexander Bant, practice vice president, research, for the Gartner Finance.  Many public companies have also withdrawn guidance due to lack of visibility.
Planning for what’s next in uncertain times

The COVID-19 pandemic changed our world, almost overnight, and businesses are having to adjust. The unprecedented nature of the pandemic means no one knows how deep the economic downturn will be, or how long it will last, which makes financial planning for businesses especially difficult. Fitch Ratings’ “Global Economic Outlook”… Read More

How CFOs can help protect their workforce during Covid-19

In this series, we’re sharing content from our partners that provides actionable guidance on managing your business and taking care of your workforce both during and in the aftermath of the COVID-19 pandemic. Today’s blog looks at Deloitte’s “Managing through COVID-19: Six imperatives for CFOs,”  focusing on three of the areas that can help… Read More

Even in a pandemic, collaboration is key to cash flow modeling

The COVID-19 pandemic is having an unprecedented impact on the world’s health, economies, and organizations. Executives everywhere now face substantial uncertainties about how to manage their operations, including strategy and financial projections. For organizations trying to avoid financial distress or even bankruptcy, financial projections in particular are critical to accurately… Read More