Read our new buyer’s guide, Financial Planning Solutions: A Buyer’s Guide.

Get the Guide
Gone are the days when business leaders were narrowly focused on just the net cash flow or balance sheet. Modern finance pros are asked to track not only a lengthy list of metrics, but also KPIs beyond the traditional finance arena. The old adage is, “You get what you measure.” When managers are held accountable for attaining or exceeding KPI targets defined by the executive team, their actions and decisions become aligned to the executives’ strategy.
761 Views
KPIs are key when creating a driver-based budget

Gone are the days when business leaders were narrowly focused on just the net cash flow or balance sheet. Modern finance pros are asked to track not only a lengthy list of metrics, but also KPIs beyond the traditional finance arena. The old adage is, “You get what you measure.”… Read More

This practice, known as zero-based budgeting, may be useful for companies looking to align spending with business goals. And with the right tools coupled with an agile, active planning model, companies might want to consider this approach to material expense accounts.
2229 Views
What is zero-based budgeting?

Many businesses are shifting into recovery mode after the economic disruption caused by COVID-19. While it’s too soon to divine the lasting implications of this pandemic, most organizational leaders anticipate there will be echoes well into 2021. For many businesses, COVID-19 has fundamentally changed expense structures. Travel and entertainment (T&E),… Read More

Integrating a rolling financial forecast rather than relying on a static budget allows businesses to increase their agility and more accurately plan for the future.
933 Views
How rolling financial forecasts increase business agility

In a volatile, ever-changing market as we are now experiencing with the pandemic, businesses must be nimble to survive—if not thrive. Yet many companies still use outmoded financial systems to track progress and predict success. They rely on static budgets that are updated just once a year and quickly become… Read More