A zero-based budget (ZBB) is a budgeting method where you allocate every dollar earned to a specific category or expense. You start with a blank slate - zero - each time you budget, rather than tweaking your past budget.| Finance Alliance
You can now leverage the power of OpenAI models, like GPT-4, with your data. On Your Data incorporates the innovative capabilities of the RAG (Retrieval Augmented Generation) model, directly “on your data” with enterprise-grade security on Azure.| Finance Alliance
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
In a ground-breaking move, Microsoft has recently launched its highly anticipated Microsoft 365 Copilot, set to transform the daily work processes of finance professionals overnight.| 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
As a CFO, you're at the helm, steering your company toward financial stability. But how do you cut costs without cutting corners? Below, we dive into five effective cost-reduction strategies to help you reduce costs and keep the cash rolling in.👇🏼| Finance Alliance
We’re all familiar with the traditional static budget – a fixed plan based on predetermined assumptions. But what if you need a budget that can adapt to your actual business activity levels? One that gives you a more realistic view of your financial performance?| Finance Alliance
Oliver Vander Horn breaks down the inner workings of the Financial Planning & Analysis Chasm in this insightful blog post.| Finance Alliance
In this blog post, you'll learn about some of the best ways to use ChatGPT and Excel to help enhance your productivity and optimize your daily processes.| Finance Alliance
Even if you're experienced at it, there are a few important things about measuring a company’s financial performance that even the experts can overlook. In this blog post, we’re digging into three things every CFO should know about financial performance analysis.| Finance Alliance
Top-down vs bottom-up forecasting: Which method should you use to create accurate sales forecasts? Find out in this article.| Finance Alliance
With so many different metrics to track for your financial performance analysis, we thought we’d lend you a helping hand with this useful infographic featuring 10 financial performance metrics (and their calculations) to help you monitor and assess the financial health of your organization.| Finance Alliance
Be one of the first to join Finance Alliance's membership where you can access world-class finance resources and the all-in-one platform for networking and career advancement.| Finance Alliance
How can you mitigate supply chain risks as effectively as possible? Find out in this article, where we explore five key supply chain risk mitigation strategies to help you steer your company toward financial stability and resilience.| 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
Welcome to our FP&A salary and career path guide, where we map out the exciting journey from entry-level roles to the executive suite in the dynamic field of Financial Planning & Analysis (FP&A).| 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
Using visual aids like financial charts and graphs can simplify complex data and make it more accessible. 📊 But with a variety of visuals available, which is the best fit for your needs?| Finance Alliance
