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On October 2, 2017

How to Improve Collaboration Between FP&A & Operations

Many companies suffer from poor communication and collaboration between financial and nonfinancial managers. Operating managers don’t have sufficient input or buy-in to the financial planning process, and they aren’t educated about how their decisions can influence overall profitability. For its part, finance isn’t able to offer real performance insights that might truly help managers improve...
  • By Lilly  0 Comments   
On September 27, 2017

How to Deliver More Accurate Financial Forecasts

There’s more pressure than ever for finance teams to deliver accurate, updated forecasts. But increased volatility in the economy and business landscape can make that especially challenging. So what do you do when unforeseen factors disrupt your numbers? Here are three proven ways you can get back on track. Step one: Know you’re not alone...
  • By Lilly  0 Comments   
On September 22, 2017

How to Improve Your Financial Budgeting Process

What’s inefficient, hinders corporate progress, and stifles productivity? You guessed it—the financial budgeting process. In an era where the modern CFO is steadily emerging as a strategic force—armed with real-time data and game changing insights—it’s clear that old-school, static budgeting procedures just don’t make the cut. An active budgeting process, on the other hand, is...
  • By Lilly  0 Comments   
On September 20, 2017

Four Steps to Better Financial Reporting

Most businesses today know that their financial reporting is not as good as it should be. Yet many are slow to take action to correct it. The reasons are many, chief among them: other priorities. If you’ve put improving reporting on your “back‐ burner” wish list, don’t worry. I’ve identified four easy steps that can...
  • By Lilly  0 Comments   
On January 9, 2017

3 reasons you should be looking into better budgeting software

There are many reasons CFOs are looking into better budgeting software that can help them plan, budget and forecast for their business effectively. The longer you wait to upgrade your financial software, the more you risk. Costly-errors, time lost to fixing spreadsheet mistakes and an inability to see impactful business drivers for the new year...
  • By clearplan  0 Comments   
On December 9, 2016

7 reasons why scenario planning is more important than ever

Scenario planning is becoming more important than ever. We need only look at the effect Brexit and a new President-elect have had – currencies are in a state of change not experienced in a decade; investment decisions being accelerated one day, slowed the nest, shelved the day after that. It might feel like the world...
  • By clearplan  0 Comments   
On October 19, 2016

3 steps to get rid of time-consuming forecasting

It’s no secret that most financial teams experience difficulties in their financial forecasting processes. There are many elements that are bothersome including accuracy, ease of use and timeliness. It is the latter which we will be focusing on in this article, with a 3-step plan that reduces the amount of time your finance team spends...
  • By clearplan  0 Comments   1
On September 19, 2016

Top 10 ways to make your budgeting quicker

The budgeting process takes a company anywhere from 95 days to 4.5 months. That’s not including the multiple iterations or the back and forward with senior stakeholders and line managers. So we’ve taken a look at the top 10 ways you can make your budgeting process quicker. Reduce the amount of time you spend developing...
  • By clearplan  0 Comments   
On August 19, 2016

4 ways to make your forecasting more accurate

Forecasting can often seem like a waste of time. After all, there’s a lot of assumptions made and when they go wrong, they go really wrong. Unless your forecast is accurate, it won’t be helpful at all. That’s why we’re presenting the 4 key ways to make your forecasting more accurate. Start by creating two...
  • By clearplan  0 Comments   
On August 19, 2016

Why Excel is great for finance but not for planning & forecasting

Can you imagine a finance world without spreadsheets? No, neither can we. Microsoft Excel is the starting place for all things finance. But at some point, your financial planning and forecasting processes grow so complex that it’s difficult for Excel to keep up. When you’re already battling with constant change you need a system that...
  • By clearplan  0 Comments