The Value of Driver Based Forecasting
Driver based forecasting explores the human side of projections much deeper. In traditional strategic planning, virtually every leader has targets and objectives to meet in
FYIsoft Blog
Original blog content designed to keep you up-to-date with what's new and relevant in the world of financial reporting and analysis.
11 Questions that a Modern-Day CFO Should be Asking about Financial Reporting Software
Did you know that spreadsheet programs, like Excel, were not designed to be used as financial reporting software? By using Excel-based financial reporting software, CFOs
The Real Value of a Viewer License for ReportFYI (Part 2)
In Part 1 we talked about the real value of a Viewer License for ReportFYI and specifically about the value components and how they can
FYIsoft is a Rising Star in the Accounting Close Software Space
According to The Spring 2021 Financial Close Management Software Customer Success Report FYIsoft is a rising star! Featured Customers, which is a leading customer reference
The Real Value of a Viewer License for ReportFYI
Part I What is the real value of a Viewer License for ReportFYI? To explore this question, we need to break down and discuss the
The Impact of Covid-19 on the Financial Close
It’s no secret that the global financial markets are experiencing unprecedented volatility. Given the current market conditions and concerns about the growing pandemic, the first
Why Different Stakeholders Have Different Reporting Needs
USGAAP Financial statement reporting has become a relatively mature and structured discipline – given audit requirements and institutionalized standards. Because of this, there is a
Budgeting Best Practices for Budget Season
In our last blog post, we explored why organizations need to budget, this week we will explore four best practices as a company enters budget
Five Budgeting Best Practices
If you’re struggling to rein in your company’s budgeting and forecasting processes, you are not alone. The events of 2020 as well as 2021, and
Budgeting & Forecasting-The Bias and Motivation in Financial Modeling-Part 2
In Part 1, we learned that Finance & Accounting professionals, are not immune to cognitive missteps. We too can exhibit a number of biases. As