Profitability and optimized performance pressure from top management are driving CFOs and Finance executives to develop and maintain effective financial planning and analysis skills. It also means going beyond the numbers by bringing the voice of the customer into the spectrum. To deliver exemplary financial planning and analysis results, you must have clear understanding ofContinue reading “Planning, Budgeting and Forecasting”
Tag Archives: financial planning and analysis
How to stop Freight Charges from eating away at profits
The shipping and delivery cycle time race amongst valuable brands like Amazon and Walmart is a fierce one. Many parcel companies like UPS and FedEx may offer discounted rates for delivering on time but the real question is, “Are they actually delivering on time?” By implementing effective visual internal controls, your company’s accounts payable teamContinue reading “How to stop Freight Charges from eating away at profits”
Lean Wednesday Tip
“To run an efficient accounting department opt for a chart of accounts with less than 180 accounts for improved productivity and financial planning.”