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Why Do Large Once-Successful Companies Fail?

Posted by Stephen Hambling on 01/07/21 15:13

Why do large companies fail? The reasons are numerous; the world and its problems are more complex than ever. In March 2020, some 21,000 more UK businesses collapsed than in the same month the year before. Coronavirus, coupled with Brexit and the stalling economy, is taking its toll on companies.

In this article, we examine three key factors - leadership, financial and differentiation.

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Tags: Reporting, Growth, Adaptive Insights, forecasting, cfo

5 steps for CFO's to drive strategic change

Posted by Formulate - A Kainos company on 14/04/21 13:44

It's a busy life being a CFO, not only with work but balancing home life. The role of the CFO is undergoing rapid transformation. To be a strategically oriented CFO, you need to utilise your resources most efficiently to outperform the competition by being agile, dynamic and fast.

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Tags: Reporting, Adaptive Insights, forecasting

What's Keeping The CFO Up At Night?

Posted by Formulate - A Kainos company on 16/03/21 15:53

The results of a recent survey, 'What's Keeping The CFO Up At Night', conducted by The Times and Deloitte, shows the obstacles CFOs are facing in 2021. 

The role of the CFO is ever-changing. Beyond a number-cruncher, they are called to be strategists involved with shaping their businesses' future. But with greater involvement comes more responsibilities and more challenges. So what is the modern CFO prioritising, how are they shifting their approach, and what are the new burdens resting on their shoulders?

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Tags: Blog, Reporting, cfo

Top Tips for Assessing New Financial Planning Software

Posted by Formulate - A Kainos company on 03/03/21 14:30

Planning is becoming a core need for business today. And there is a lot of software out there to help in the process. If you are looking at improving the way the business forecasts and planning improvement is on your radar, then here are some tips on assessing and what to look for.

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Tags: Blog, Reporting, Growth

Milestones Trust Speeds Up Budgeting With Workday Adaptive Planning

Posted by Formulate - A Kainos company on 17/02/21 16:09

Milestones Trust is thirty-four years old. Today, they support five hundred and fifty people with mental health, learning disabilities, dementia and complex behavioural needs. More than ever, people in society need the services they offer to bring about positive change in their lives.

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Tags: Reporting, forecasting, workday adaptive planning

Must Read Business Books For Finance Leaders 2021

Posted by Formulate - A Kainos company on 09/02/21 16:13

Modern finance leaders have a desire for knowledge. We have listed the top books that CFO's and finance leaders should read this year. We have also included some of our top eBooks that you can access for free.

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Tags: Reporting, forecasting, cfo, workday adaptive planning

Financial Planning For Project-Based Businesses Webinar

Posted by Formulate - A Kainos company on 24/07/20 11:30

Managing multiple projects is complex, making financial performance modelling difficult. Discover how to transform your modelling performance in our 'Planning For Project-Based Businesses' on-demand webinar.

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Tags: Reporting, Growth, Adaptive Insights, cfo

Why Data Integration is Essential for Business

Posted by Formulate - A Kainos company on 26/05/20 13:16

Integration of data is an on-going headache for finance. Creating accurate, up-to-date forecasts and plans requires today’s finance teams to extract data from many sources. The power this provides finance teams is immense, but so is the integration challenge.

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Tags: Blog, Reporting, forecasting, cfo

Must Read Books For Finance Leaders This Spring

Posted by Formulate - A Kainos company on 09/04/20 12:46

Modern finance leaders have a thirst for knowledge and self-development. Formulate have listed the top books that CFO's and finance leaders are reading this spring, including ratings and where to purchase online. We have also included some of the top eBooks that can be accessed for free.

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Tags: Reporting, Adaptive Insights, forecasting, cfo

Financial Insights - The key To Successful Decision Making

Posted by Formulate - A Kainos company on 18/11/19 18:05

In a daily changing business landscape, strategies of yesteryear are now longer able to keep up with the constantly changing business ecosystem of today. Having confidence in past successes to shape the future is likely to take you along the wrong path. The path of the future is no longer linear as it is full of twists, turns and dead ends. So how do we ensure we are on the right path?

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Tags: Reporting, Adaptive Insights, forecasting, cfo