The biggest challenge facing organisations today is keeping up, and quickly responding, to change. In a world of constant change, one thing remains constant for finance teams - the need for accurate, agile planning and forecasting.
Formulate are pleased to announce it's 'Let's Talk Finance' in Central London on Thursday the 31st of October (Brexit Day). With political turmoil, divides and daily revelations it is anyone's guess whether the UK will remain European Union with an extension or a deal can be found.
However, what you can be sure of on the 31st of October is an exclusive lunch table for senior finance professionals to eat, chat (not just about Brexit) and network. - Reserve your seat at the table.
With over 30 types of business software and even more abbreviations, there is only a handful that finance teams need to understand. In this article, we focus on Corporate Performance Management (CPM) and how it has transformed Financial Planning and Analysis (FP&A).
Formulate are an Adaptive Insights Platinum Solution Provider, but what does that really mean?
So you want to be a CFO? There's plenty of demand for finance professionals like you to make a difference in the top job, the question is have you the skills to deliver. Take a look at our guide to the modern day skills you'll need to convince any potential employer to hand you the job.
Budget season brings weeks of spreadsheet hell for finance teams and functional managers. Laborious hours spent filling in the numbers, reconciling the figures,as well as all the negotiating for a bigger slice of the pie. It is a process that can cause friction between divisions and creates an enormous amount of work for finance chasing, compiling, linking, reconciling and defending. All work which creates no forward strategic outcome.
Formulate are pleased to announce it's new series of Autumn and Winter 2019 'Let's Talk Finance' lunches in London, Manchester and Birmingham.
Our exclusive lunch tables are for senior finance professionals to eat, chat and network.
It seems spreadsheets are the route of all evil if you believe everything you read today. Much like a difficult toddler they make mistakes, often get unruly and difficult to handle and don't share easily.
Nevertheless we in finance love them. Like offspring we've nurtured the spreadsheet as one of our own. There are times we'd happily scream at them but, like our offspring they have our own stamp running through them. They are tricky to adopt from others, as there are lots of hidden codes to understand and learn so they behave well, and you can build a relationship with them.
So how can we cling to spreadsheets and make them work when all around us are heralding that it's time to let go and move on?
There are specific challenges which charities and not for profit (NFP's) face when it comes to planning and reporting.
We've worked with enough charity organisations to know that planning by project, the ability to trace multiple funding sources as well as the burden of regulatory and compliance reporting, means charities are struggling with old school tools like Excel, which saps their already limited resources.
We share a new way forward for organisations which need a different way to plan, budget and report.
There are some common CFO 'Types' defined by McKinsey, which have been in use for a while now. The reality is that the role has changed fundamentally, driven by business priorities and speed of change. So we've taken a fresh look at discovering what type of CFO you are, not just in terms of your priorities but how you make decisions, priority setting, innovation adoption and management style.