by Controllers Council | Nov 27, 2023 | Budgeting, Financial Forecasting, FP&A
According to Forbes, Gross Domestic Product (GDP) grew at an annual rate of 2.1% in Q2 of 2023. In addition, the site also reports that the Atlanta GDPNow model projects a GDP of 5.4% during Q3. Based on these measurements, it appears that there is, in fact, no...
by Controllers Council | Mar 17, 2023 | Corporate Finance, Crisis Management, Financial Forecasting
While the 2020 pandemic is rapidly receding in the rear-view mirror, many organizations are struggling to adapt to the “new normal.” Controllers and CFOs play a big part in shaping the future of their organizations by devising strategies that manage risk and maintain...
by Controllers Council | Mar 22, 2022 | Financial Forecasting, Financial Reporting, FP&A, Software, Top Recommendations
Successful companies know that having a strong FP&A department in place can help guide them in their strategic business decisions. Innovations in FP&A solutions have allowed businesses to improve their forecasting and budgeting processes, giving executive...
by Controllers Council | Mar 11, 2022 | Controller Insights, Economics/Economy, Financial Forecasting
Inflation has dominated the news in recent months, as costs for items such as gas, food, and other staples have increased by percentages unseen in decades. A recent study shows that three out of four economic forecasters believe that inflation is causing a wage-price...
by Controllers Council | Jan 31, 2022 | Corporate Finance, Financial Forecasting
Controllers Council recently held it’s annual outlook panel discussion, the 2022 Corporate Finance Outlook. Panelists included Dan North, Chief Economist at Euler Hermes, North America Division Alliance, and Jerry Clancy, National Tax Practice Lead of Top 20...
by Controllers Council | Dec 6, 2021 | Financial Forecasting
Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. You celebrated if you were on target; and if you were off the mark, you brainstormed ways to...