Excel vs FP&A Tool: Avoid the Same Pains Coming Back to Bite You - Martin Zych (Pt.1) | Ep.058

Feb 8, 2024

Join Martin Zych, Jirav's CEO, as he discusses the shift from Excel to FP&A tools in financial planning, the role of fractional CFOs, and the art of simplifying complex data. Discover how strategic partnerships and clean financial books are essential for operational excellence. Dive into the importance of storytelling in decision-making and how integrating diverse data streams can revolutionize FP&A.

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Introduction

00:00 • 2min

Navigating the Funding Journey and Transforming Business Models

01:43 • 12min

Navigating the Relationship Between Finance and Sales for Effective Compensation Planning

13:33 • 2min

Balancing Precision and Accuracy in Financial Forecasting

15:59 • 4min

Transition to CEO and the Art of Financial Storytelling

20:15 • 2min

Optimizing Data for Strategic Financial Planning

22:07 • 10min

More goodies at www.techforfinance.com | Unlock the secrets of technology's transformative power in financial planning with our latest episode where Martin Zych, Jirav's CEO, reveals how innovative tools are reshaping the industry. Ditch Excel and discover how sophisticated platforms can propel your financial strategies into the future. Alongside Martin, we delve into his experiences as a fractional CFO and the pearls of wisdom he's unearthed in his venture capital journey—all served with a side of personal anecdotes about life as a father and outdoor enthusiast. Financial planning takes center stage as we dissect the nuances of FP&A and the burgeoning role of fractional CFOs. We navigate through the labyrinth of managing multiple clients' data and the quest for clean financial books that underpin operational excellence. Listen as we piece together the mosaic of strategic partnership, where financial professionals transcend the boundaries of number crunching to become indispensable advisors in business storytelling and decision-making. Wrap up your financial acumen with our discussion on the art of simplifying complex data. Embrace strategies that help you craft financial models balancing sophistication for the finance-savvy and clarity for the rest of the team. We share insights from Jirav's 'Success Safari' and how integrating diverse data streams can revolutionize FP&A, ensuring every decision is informed and every stakeholder is empowered. Join me, Adam Shulton, and Martin Zicc for a masterclass in financial innovation that's as enlightening as it is practical. ------SHOW NOTES------ - Connect with Martin on LinkedIn - https://www.linkedin.com/in/martinzych/ - Check out Jirav - https://www.jirav.com/ ------CHAPTERS------ (00:00) Leveraging Technology for Financial Planning (03:32) FP&A and Fractional CFO Insights (08:19) Unpacking Revenue Drivers and Sales Compensation (21:08) Financial Storytelling and Simplifying Data Analysis (29:14) Importance of Simplicity in Financial Modeling https://newsletter.techforfinance.com