What is capital allocation? Capital allocation is the process of distributing a company’s financial resources among various projects, departments, or investments. This involves choosing where to spend money to achieve the best returns and support the company’s strategic goals ..read more

Quick overview of budgeting fundamentals Before diving into advanced strategies, let's quickly cover the basics. A solid business budget includes key components like revenue projections, expense forecasts, and cash flow analysis ..read more

Exciting update: Cube shines in G2’s Summer Report Cube has been listed as one of the top FP&A platforms across several disciplines, including Budgeting and Forecasting, Corporate Performance Management, Financial Close, and Financial Analysis ..read more

Key financial metrics for benchmarking Financial metrics are the backbone of strategic planning and decision-making for any finance leader. They provide a quantifiable means to assess your company's financial performance, identify strengths and weaknesses, and set realistic goals ..read more

Executor vs. strategic leader: What's the difference? Before we dive into embracing a strategic mindset, it's helpful to understand the fundamental differences between an executor and a strategic leader ..read more

HR and Finance: Where do they intersect? To build a great partnership between HR and Finance, it's essential to understand what each department brings to the table. While they have different focuses, their roles are deeply interconnected ..read more

The significance of finance awards Finance teams do a lot of the heavy lifting in keeping an organization running. Through their diligent efforts in activities like budgeting, forecasting, and large-scale FP&A activities, finance leaders and their teams drive forward initiatives that help organizations stand out ..read more

Understanding data hygiene Data hygiene refers to the process of ensuring that your data is clean, accurate, and reliable. In the world of FP&A, this means having data that you can trust to make informed decisions. Without proper data hygiene, you risk working with outdated, duplicated, or incorrect information, which can lead to costly mistakes ..read more

Why is relationship-building important for finance leaders? As finance leaders, we often get caught up in the numbers, analyses, and reports. While those things are certainly important, the real magic happens when we step out from behind our desks and start building relationships across the organization ..read more

Prophix software: an overview Prophix (Source: G2) Prophix is a financial management software that facilitates financial consolidation, budgeting, analysis, planning, and reporting. The software offers a spreadsheet-style interface for analyzing financial data and organizing information. The software allows for easier cash flow management, balance sheets, and income statements, and offers data analysis tools. Prophix also offers forecasting options, what-if analysis, and modules for saving personnel records, such as salary, medical expenses, and tax calculations ..read more