Get access to hundreds of financial resources as an RFP INSIDER
Learn MoreExcel cash flow modeling is a core skill for finance professionals evaluating investments, projects, or business decisions. Two essential tools in this process — NPV and XNPV — help you discount future payments to their present value, allowing for more…
Manually updating reports wastes valuable time. Automating your report delivery with Power Query can save hours of repetitive work, reduce errors, and ensure consistency across reporting periods. This tutorial will walk you through how to Save Hours by Automating Excel…
The July jobs report missed expectations by a wide margin, disrupting finance teams’ forecasts of headcount, wages and revenue. This disruption has introduced significant labor data uncertainty, complicating budgeting and strategic planning. Shortly afterward, President Trump fired the head of…
A rolling forecast in Excel helps you stay current by updating automatically as you enter new data, unlike traditional static forecasts, which lose relevance over time. With Excel's OFFSET and COUNTA functions, you can build models that automatically update as…
Trying to figure out where a number came from? Excel’s Trace Precedents feature lets you map formulas visually. This is perfect for auditing, debugging, or training others on financial models. Using Excel's Trace Precedents How to boost accuracy in three…
Spotting duplicates manually is tedious and error-prone. Conditional Formatting helps you catch duplicate values instantly, whether reviewing transactions, invoices or GL codes. Using Excel for Conditional Formatting How to eliminate duplicate risks in three quick steps: Step 1: Highlight Duplicates…
Dealing with massive rows of detailed data? Excel’s Grouping feature helps collapse and expand sections. This is perfect for financial statements, multi-level reports, or budget reviews. Using Excel to Organize and Analyze How to boost accuracy in three quick steps:…
When your formulas stretch across sheets, tracking them can feel like a scavenger hunt. Excel’s Watch Window keeps key formulas visible no matter where you are in your workbook. Using Excel to Reduce Errors How to boost accuracy in three…
Projecting future performance? This tool can help you build predictive models quickly using historical data. Using Excel to Forecast How to boost accuracy in three quick steps: Step 1: Understand the Function Syntax Use: =FORECAST.LINEAR(x, known_ys, known_xs) x: the future…
Reconciling financial records often means tracking down inconsistencies across large datasets. Excel’s Find & Replace feature goes beyond basic search. It can be a powerful tool for cleaning up data and speeding up reconciliation processes. Leveraging Excel’s Find & Replace…
Artificial Intelligence (AI) is perfect for a range of Finance tasks. Billing, analysis data processing and other mundane but critical duties come to mind. But could AI also be the solution to the growing shortage of accountants? It's possible. And…
If a poll of attendees of a recent IOFM webinar is any indication, it's going to be a very busy Form 1099 reporting season in 2024 for your team. More than half (57%) of the respondents expected to file at…
Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.
