Technology

What is your finance cadence? Are you keeping up to speed?

What is your finance cadence? Are you keeping up to speed?

Typically in finance we have a particular type of cadence.

This cadence is largely consistent across different organisations no matter what the industry you support. We are likely to have some or all of these:

  1. Monthly reporting,

  2. Quarterly reporting and forecasting,

  3. Half year reporting (if listed),

  4. Annual statutory reporting and tax filing (we all have this one),

  5. Annual budget process and

  6. Longer range strategic planning for 3 to 5 years.

Now that's a pretty full dance card if you ask me.

So how do we keep up with all those requirements whilst making sure that we are not just hitting the deadlines but actually accelerating the value that we add to the business.

Read our latest blog for more insight without the big price tag attached.

Forecasting skills doesn't guarantee good modeling skills

Forecasting skills doesn't guarantee good modeling skills

Forecasting does not guarantee you will be great at financial modeling. 😱

Just because you can drive a car doesn't mean you can be a Formula 1 race car driver. πŸš—

Playing T20 cricket doesn't guarantee you will be a great test cricketer. 😁

The same goes for forecasting and financial modeling. πŸ“Š πŸ“ˆ πŸ“‰

#FinancialModeling #Finance #FutureofFinance

How Technology Will Change FP&A Forever

How Technology Will Change FP&A Forever

Is all this tech talk and Finance Transformation getting a bit much? 😡

Where do you start and stop? 🚦

There is so much on offer from RPA to Analytics to Modeling. πŸ“ˆ

Read my co-authored πŸ™Œ article with Anders to learn more and demystify all the jargon and pick some practical solutions you can try. πŸ‘

#finance #futureoffinance #analytics #Excel #cloud #digitization #FinancialModeling

Why a Truly Integrated Business Planning Solution Requires a Flexible Dual Architecture known as Core and Edge.

Why a Truly Integrated Business Planning Solution Requires a Flexible Dual Architecture known as Core and Edge.

This is a technical architectural blog on the best system archicture for future of finance. It has to be Agile and yes, have a bit of Excel mixed in the middle.

Enjoy

Virtual CFO the Good, Bad and the Ugly

Virtual CFO the Good, Bad and the Ugly

This Blog post is intended to provide future finance professionals with some insight in terms of developing a VCFO business.

Having evolved my CFO role into a VCFO there were many things I learnt and also would have changed had I known better.

Hopefully my mistakes don't need to be repeated by others.

Part 3 of Finance Innovation – The Airbnb of spreadsheets - first major wave of spreadsheet innovation

Part 3 of Finance Innovation – The Airbnb of spreadsheets - first major wave of spreadsheet innovation

This blog post explores the first major wave of spreadsheet innovation and compares it to Airbnb.

There are a lot of benefits from the sharing economy but when it comes to spreadsheets sharing content is not only foreign but also risky. 

But now it is both possible and lower risk resulting in new opportunities.

NEED HELP searching for the best advisory tool in the market?

NEED HELP searching for the best advisory tool in the market?

NEED HELP searching for the best advisory tool in the market.

After meeting over 50 finance professionals and accountants last week, it remains absolutely clear to me that, the majority of people have no idea which rabbit hole of technology to go down to assess the best advisory tools.

So, I decided to write this post and create a poll.

I would like the customers to talk. Knowledge shared is extremely powerful and time saving for us all!

Consulting, Advisory, Finance and the art of influencing is about to change forever.

Consulting, Advisory, Finance and the art of influencing is about to change forever.

The Modeloff (World Financial Modeling Champsionship) Global Training Camps are an excellent place to explore and learn new technologies and skills. 

This blog explores the first ever Australian Modeloff GTC in August 2016 and some of the latest platforms and innovations.

The Machines Are Not Coming… they are here!

The Machines Are Not Coming… they are here!

The reality of what "the machines are coming" really means in the context of disruption in the roles of Finance teams in large organisations. 

This is a cautionary tail of what happens when you try to be innovative in a large organisation and don't support staff to embrace change.