Ahmed Fenidek
CFO – with the C of ‘Continuous’
A few forces that were at play these past few years have caused a perfect storm to drastically change the way finance departments go about their business. Disruption by versatile start-ups, the boom in financial and non-financial big data, and the refinedness of analytics tools have put much pressure on the classic annual report. So […]
A cloud with a silver lining for the future of finance
Migration of company data and business processes to the cloud is one of the megatrends of these past few years. Apart from radically reducing the total cost of ownership, the cloud also plays into the needs of a mobile workforce, and relieves some pressure from the IT departments, who are often suffering from a shortage […]
Time for FP&A experts to steal the limelight!
These are challenging times for organizations jumping on the digitalization train. The amount, the variety and the complexity of data is growing at an exponential rate, and so does our knowledge and ability to gain insights from said data. However, the amount of educated employees that are well-versed in working with that data just can’t […]
The key to a future-proof finance department? Non-financial data!
Big data has taken the world by storm. Both the amount and the variety of available data are booming. Needless to say that a wide range of organizations and departments are looking into how they can leverage that data. Finance departments are no different. However they must be well aware that they have to look […]
Four steps towards a future-proof finance department
That the world of finance is going through some evolutions of epic proportions, is an understatement. The sector as such sees the disrupting rise of specialized FinTech companies and startups. Blockchain is the talk of town as a fundamental game changer. Data analysts and predictive analytics specialists are in high demand, but supply is limited, […]
The two-way street of forecasting and collaboration
There are many ways that predictive analytics, in the form of business forecasting, can provide a competitive advantage but a key potential benefit of improved forecasting is collaboration. Forecasting can help to improve business and financial processes and results. Vast amounts of data are used for corporate forecasting, which leads to a stronger collaboration between […]
The four features of the new era of CPM identified by Nucleus
Companies have started looking for new Corporate Performance Management (CPM) solutions, as the idea of CPM as an add-on to ERP solutions or as an extension of analytics tools has become outdated. The analysts of Nucleus have studied CPM software for many years and they have identified, what they call, CPM 2.0. Adopting these new, […]
Analytics: essential for a future-oriented CFO
Over the past few years, finance departments have evolved to real value-adding powerhouses, driving strategic planning and implementation. To spur this development, it is essential that finance gains more and more insights, not only into their own organization, but also in the broader sector, the market and into trends that are likely to shape the […]
Indaver plans, budgets and consolidates with IBM and Keyrus
Managing finance within a regionally organized group can be quite a complex process. Having the right tools at your disposal can mean a world of difference. That is what Indaver thought as well. The international waste management group recently integrated both IBM’s Cognos TM1 tool for planning and reporting, and IBM Cognos Controller for the […]