What is budget variance analysis? And, how do you calculate the difference between the budget and the actuals? In this article, I’ll dive into a tactical analysis that is important to every CEO and CFO - the budget vs actual variance analysis. Keep reading to discover insights on these topics:| Finance Alliance
Trying to decide when to use sensitivity analysis vs scenario analysis? Both techniques are valuable for analyzing the potential effects of uncertainty in financial models. But when does sensitivity analysis make sense, and when is scenario analysis the better choice?| Finance Alliance
Cash flow drivers are vital to sustaining the life of a business. When cash flow is low, a string of issues arise. From struggling to pay suppliers to potential solvency problems, low cash flow must be avoided at all costs.| Finance Alliance
Learn the specific techniques to build accurate, efficient and trackable budgets and forecasts from start to finish.| The Alliance
Top-down vs bottom-up forecasting: Which method should you use to create accurate sales forecasts? Find out in this article.| Finance Alliance
Operational finance is an essential aspect of a successful CFO's skill set. But mastering the operational side alone isn’t enough. You also need to wear your strategic leadership hat too and learn to balance both for maximum impact. But how?| Finance Alliance
Budgeting is an important business process that helps organizations allocate resources and track progress towards meeting their financial goals. However, the budgeting process can be hampered by several factors.| Finance Alliance
A rolling forecast formula is a straightforward concept. For every period that passes, a new one is added to the end of the forecast...| Finance Alliance
Budget allocation is the process of dividing your company’s financial resources between departments. As you can imagine, it can be a tricky process to get right. Everyone wants a bigger piece of the pie, and you can’t always please everyone.| Finance Alliance
In this article, we've highlighted key features to look for when choosing the right software - along with 10 leading financial modeling tools that stand out in today's market.👇🏼| Finance Alliance
Discover 10 financial planning steps to help supercharge profits and achieve long-term success.| Finance Alliance