Scenario Analysis vs. Sensitivity Analysis: Why You Need Both

Scenario Analysis vs. Sensitivity Analysis: Why You Need Both

Market factors are increasingly contributing to volatility in the business environment. While long-term planning is still key, scenario and sensitivity analyses are becoming more important tools for the C-suite. Financial analysts determine when to use scenario...
Use Budget Variance Analysis to Point Your Business Forward

Use Budget Variance Analysis to Point Your Business Forward

Knowing where you’re going starts with knowing where you’ve been. You must plan, track and monitor your organization’s performance with a financial model if you want to grow steadily and profitably. And with financial planning and analysis serving as the backbone of...
How a Financial Forecast Can Be Your Competitive Advantage

How a Financial Forecast Can Be Your Competitive Advantage

Grow your business and your bottom line Every business is in constant search of improvement. Anything that can provide an advantage or growth opportunity means less stress for leadership and an improved the bottom line. But many C-suite leaders will focus primarily on...
Why Conducting a Financial Analysis Could Save You Money

Why Conducting a Financial Analysis Could Save You Money

Conducting a financial analysis for your company might seem like a difficult and daunting prospect, and there are several possible reasons you might be avoiding it. Maybe you’re worried that your accounting has been inconsistent, resulting in data that is not...