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E15: CFO of FloQast on Why Finance Teams are Data Curators
Run the Numbers
Embrace Simplicity in Decision Making
Navigating the software industry presents unique advantages, such as greater control over processes and reduced logistical complications compared to physical goods. Decision-making frameworks from prestigious companies can greatly influence management strategies. Zero-based budgeting is a rigorous method that, while effective, can be cumbersome for large organizations. An alternative approach, termed the 20% model, streamlines budgeting by focusing on a more manageable percentage of resources, enhancing efficiency in financial planning without getting bogged down in excessive detail.
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