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In this podcast, Paul Boulanger and Scott Brennan, both Finance and Enterprise Performance executives at Accenture, explore the ways in which leading companies are using financial strategies in today’s volatile business environment as a springboard to high performance.
The discussion begins with the surge in corporate cash reserves over the past few years and how cash management is one of the four financial agility levers that are critical to consider in an era of unceasing volatility. They go on to examine how the current situation has changed the way that companies think about annual reports. In the new era, they argue, improving business forecasting and business modeling is increasingly important, with high performers investing in improved analytics, re-aligning skills and organization structures and developing more streamline processes to run more scenarios, in shorter cycles with improved accuracy.
Read the original article, "AnnualBudgets are Dead".