Study: Price-setting concerns plaguing CFOs
It’s a grim scenario: Commodity prices are on the rise, but finance chiefs don’t think they’ll be able to pass those increases on to customers. What’s worse, they aren’t sure what their pricing strategy should be.
That’s the picture a recent Accenture study painted of CFOs’ current predicament.
According to the report, 70% of finance and marketing execs said their firms currently had an “unclear” pricing strategy.
So, why the lack of clarity when it comes to pricing? Sixty-nine percent of the execs said they lacked important pricing analytics, and 64% said they were struggling with inadequate decision-support tools.
One problem that’s holding many firms back: Even firms that do have a number of automated price-setting tools lack the necessary integration of those tools with their various software programs.
- Share on
Free Training & Resources
White Papers
Provided by UJET
White Papers
Provided by Personify Health
Further Reading
Did you hear about the Snowflake hack? Snowflake is a cloud computing company that got blasted by a series of attacks earlier this spring. ...
When your formulas stretch across sheets, tracking them can feel like a scavenger hunt. Excel’s Watch Window keeps key formulas visible n...
With remote work here to stay, A/P has to work harder to verify crucial information, such as vendor bank account numbers. Unfortunately,...
Software subscription costs are quietly eating into margins – and the impact is growing. Zylo’s 2025 SaaS Management Index reveals...
A rolling forecast in Excel helps you stay current by updating automatically as you enter new data, unlike traditional static forecasts, wh...
Reconciling financial records often means tracking down inconsistencies across large datasets. Excel’s Find & Replace feature goes be...
