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GUEST BLOG: How CFOs can harness predictive capability

Samir Neji | July 10, 2013
CFO panel discussion recognises the importance of predictive capability in business planning

There is also a greater level of appreciation today for business partners operating in your markets to collaborate on information, to make the right business decisions.

Having the advantage of unfettered access to information, even sensitive information both within and external to the organisation puts the CFO in a new role. Effectively, the CFO is uniquely positioned to be a custodian of data.

Therefore, with technology, CFOs are increasingly empowered to adopt a more scientific, empirical approach in their processes.

We have seen growing interest in scenario-based performance management processes which drives predictive nature for planning and analysis. This needs flexible, detailed and strong algorithms in business planning, which are offered by disruptive innovations in business planning and analysis. We are helping CFOs in a driver based and more scientific, real time and strategic modelling of business problems. CFO transformation programmes are better equipped with these goals.

Our conclusion? Don't let technology bottleneck your performance. Research, adapt and deploy a modelling and planning platform that lets you stay ahead in CFO transformation and predictive capability in planning.

Samir Neji is managing director at Anaplan Asia, and has over 18 years of experience in the Finance industry, specialising in Enterprise Performance Management.

 

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