Do you want to increase your productivity and learn Excel tips for finance professionals? Using Excel is part of the routine for you if you’re like the majority of financial professionals. It is a tool that has been in use for a long time because of how well it can modify, preserve, and show data. …
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Huge quantities of organized and unstructured data are gathered, processed, and analyzed by business intelligence tools in finance from internal and external systems. There are many different types of data sources, such as raw files, ERP databases, emails, CRM data, archives, online data, and much more. Business Intelligence (BI) tools employ query to retrieve this …
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Learn about the Top Ten Manufacturing (KPIs) Key Performance Indicators that every finance professional must know. In other words, these metrics are crucial for understanding your bottom line and projecting for the future. Top 10 Manufacturing KPIs Here are the top ten manufacturing KPIs you need to learn in finance. #1: Manufacturing KPIs – Production …
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Microsoft Office is a collection of desktop productivity tools created primarily for corporate usage. It was originally made available in 1990 and is a Microsoft Corporation proprietary software. Therefore, in terms of providing contemporary office-related document-handling software environments, Microsoft Office has long been the industry standard. I just discovered this immense catalog of tips made by Karen Roem. …
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Five whys (or 5 whys) is an iterative interrogative technique used to explore the cause-and-effect relationships underlying a particular problem. The primary goal of the technique is to determine the root cause of a defect or problem by repeating the question “Why?”. Each answer forms the basis of the next question. The “five” in the …
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Imagine you could calculate how long it takes to double your money just with a simple formula. Have you heard about the Rule of 72? The Rule of 72 is a simple, effective rule frequently used to determine how many years are needed to double an investment at a specific yearly rate of return. Also, …
Numerous keyboard shortcuts that Excel provides can help you operate more quickly and productively. More importantly, significant operations may be carried out with just two or three keystrokes rather than using the mouse to enter the toolbar. Isn’t that quicker and easier? Excel shortcuts significantly speed up work and cut down on the workload. Therefore, …
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Excel Charts assist you in displaying your data in a variety of appealing styles, including columns, lines, bars, pies, and areas, among others. It’s always about how we display the data that determines how fantastic a result we can produce with it. Excel charts and various bar graphs are helpful in this regard. In order …
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You need to use Excel in your everyday job if you want to manage massive amounts of data. However, there are still a lot of helpful Excel tips and tricks that are definitely missed. Even if you think that you have mastered Excel, I recommend you to visit the website of John MacDougal, “How to …
The connections between the financial statement items and the main value drivers of a firm are graphically shown in a value driver tree. The tree aids analysts in determining which factors are most crucial to the company’s total value and in monitoring the effects of changes to those factors. You can use the value driver …
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Using design, prototyping, and consumer testing, the sprint is a five-day method for addressing important business questions. To clarify, it is a “best hits” compilation of business strategy, innovation, behavior research, and design thinking packaged into a tried-and-true approach that any team can apply. You may shorten the lengthy discussion cycle and create POC with …
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After my seven years as an auditor, I thought that I knew most of the important functions of Excel until I saw the Slicer function. If you are working with Pivot Table, if you are filtering tables to create reports, or if you need to build a dynamic dashboard, you will love this function. What …
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