#FinanceMaster

In our series of The Modern Finance Function so far, Anders has explored and discovered the successes of the modern finance function. In the final episode of the series, Anders highlights some of the successful techniques companies have used to achieve their ambitions for their Finance function. 

Benchmarking is an essential tool for assessing the status quo, driving performance, and gaining a competitive advantage. This week’s episode of #FinanceMaster explores how evaluating the value-add of the modern Finance function can yield a competitive advantage, while also identifying areas for improvement and setting new objectives, delving into the transformative potential of benchmarking in shaping the future of Finance.

Wondering what a typical month in the life of Finance function entails? In this episode of #FinanceMaster, Anders dives into the various aspects, from recording transactions to closing the books, reporting the numbers, and analysing the results, painting a vivid picture of the modern Finance function's monthly journey.

The modern finance function is experiencing a convergence of transformations and heightened expectations for CFOs, necessitating adaptive measures from their teams. In this week’s episode of #FinanceMastert, Anders delves into the diverse demands that CFOs place on each team and explores strategies for effectively adapting to these ever-evolving expectations. 

Most transformations fail. So, why should finance transformations be different? This episode of #FinanceMaster delves into the experiences of Finance experts with company transformations, the lessons that can be learned and where we believe the successes can be achieved and enhanced. 

The first episode of our new series, The Modern Finance Function takes us on a journey through to the modern finance function. Anders is joined by Tom Kelly, Director Product Marketing, Management and Analyst Relations at NetSuite, today’s episode sponsors, as they explore the history of the finance function from the days of pen and paper through to the rise and development of technology, data and automation. 

In a time where the only constant is change, we need to change up planning and forecasting. FP&A professionals are always striving to improve and to share best practices. In the last episode of this series of The Softer Side of Finance, Anders summarises the ten commandments that he has analysed over the course of this series.

We know that the plan is not going to happen. We know that the forecast is not going to be (and should not be) 100% accurate. We’re ready to adjust our course quickly and effectively in response to changing circumstances. In this episode of Softer Side of Fiance, Anders explores how an organisation should always have room for contingencies and how planning can help you stay ahead of the competition.

This week’s episode of Softer Side of Finance explores how every organisation should never plan without preparing multiple scenarios; how do you prepare multiple scenarios without losing focus and what happens when the real world delivers an unexpected kick in the balance sheet? Anders takes listeners through how to plan for high / low alternatives of a scenario, and what to do when reality diverges.

In this episode of The Softer Side of Finance, Anders discusses the process of re-forecasting an organization’s financials. Given that we operate in a world where the only constant is change, it is important to build out forecasting models that reflect this - find out the steps you can take to do exactly that.