future of financial modeling

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. 🚗

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

The same goes for forecasting and financial modeling. 📊 📈 📉

#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. 📈

Read my co-authored 🙌 article with Anders to learn more and demystify all the jargon and pick some practical solutions you can try. 👍

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

Why so many unemployed accountants are already struggling..and how I can help?

Why so many unemployed accountants are already struggling..and how I can help?

I often get direct messages on LinkedIn from people asking me for either a job, career advice or helping them understand financial modelling and how do they apply for jobs in Australia, thinking Australia is immune to accountants losing jobs or unable to get them.

I wrote this blog to help the many that are lost in this fast evolving work force.

Why being a 1-man/women VCFO business is a really bad idea?

Why being a 1-man/women VCFO business is a really bad idea?

3 years ago I stepped out of the corporate world and became, what I didn't realise at the time, a virtual CFO for Banjo (Fintech lender).

I don't really like the word VCFO but it's what we have for now so let's just roll with it. Probably a blog on its own.

This post is some more tips and tricks I learnt along the way and especially clearly proving the Power of One = Power of None.

I hope you can learn from my mistakes.

Why Vlookup (vs Index(match) shows your lack of embracing change, innovation and better Excel skills

Why Vlookup (vs Index(match) shows your lack of embracing change, innovation and better Excel skills

Over the past year I've met many finance professionals as part of our FOFM world tour and future of finance workshops.

Despite all the hype of digital finance transformation and the rise of analytics and advanced AI and ML there is one thing that still concerns me deeply about our ability to adopt change, innovation and better Excel skills.

I'm not even referring to adopting new tools and technologies (many of which will radically change our work today and are here now) but changing how we use our existing tools.

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

Why Monte Carlo will change the way you make financial decisions and think about scenarios?

Why Monte Carlo will change the way you make financial decisions and think about scenarios?

Ever heard of the term Monte Carlo Simulation. Its more than just an awesome casino its a much better way to make forecasting decisions.

Want to know more? 

Read this blog and you will change your mind about decision making.