The Hidden Risks of Relying on Excel for Financial Forecasting

Introduction For decades, Excel has been the cornerstone of financial forecasting, widely trusted by finance teams for its flexibility and familiarity. However, as businesses grow more complex and data-driven, the limitations of Excel are becoming increasingly evident. From frequent human errors to scalability challenges, relying on Excel for forecasting can expose organizations to significant risks […]

Leveraging Data and Benchmarks for Improved Financial Forecasting

We take a look at some key insights on enhancing financial forecasting accuracy. It emphasizes the critical role of high-quality, expansive data and industry benchmarks in refining forecasts and enabling better strategic decision-making. By leveraging data analytics techniques like scenario planning and time series analysis, organizations can uncover trends, mitigate common errors, and adapt to […]

Navigating Corporate Success: Insights from Lee Iacocca for CFOs

Introduction When Lee Iacocca took the reins at Chrysler in 1978, his mantra was simple yet powerful: “Lead, follow, or get out of the way.” It was a call to adapt or perish — one that still resonates in today’s fast-moving business environment. For CFOs, the lesson is clear: internal success can be misleading if […]