Finario Blog
Capex vs Opex in a Connected Finance Framework
At a high level, the differences between Opex and Capex are very clear: Opex (operating expenses) covers an organization’s day-to-day expenses that keep the lights on, including payroll, rent, and
What is Capital Planning: The FP&A, Engineering & Accountant’s Perspective
By Charlie Rhomberg In the current environment of changing business models, monetary policy uncertainty, and an upside-down supply chain, making assumptions about the future can be futile. Yet, despite the
In A World of Black Swan Events, Capital Budgeting Turns to Rolling Forecasts
Global health emergencies, sweeping monetary stimulus, and hundred-year storms used to happen, well, every 100 years or so. Not anymore. These “black swan” events are seemingly happening with greater frequency,
Strategies & Trends in Capital Allocation in the Manufacturing Industry
FP&A’s role in manufacturing is increasingly focused on finding efficiencies while improving revenue and profitability across the entire company. As such, facing cash flow pressures in 2021, organizations were compelled
With Continued Support of K2 Uncertain, It’s Time to Re-Evaluate Your Capex Workflow Automation
Some companies that have their Capex workflow automation on the K2 platform have voiced concerns regarding its future viability following its acquisition by Nintex. Is yours one of them? Every
10 Aha Moments You’ll Experience with a True Capex Approval Workflow System
Whether your approval workflow process today is manual, or utilizes a generic workflow solution such as Sharepoint, you’re not likely to stop what you’re doing at any point in the
ESG + Capex: Where Do We Go From Here?
It should come as no surprise that ESG (environmental, social and governance) issues are top of mind for Board of Directors, CEOs, CFOs, Financial Planning & Analysis Teams and other
Change, Challenges, and the Food Industry
It has been a trying year and a half. And while some industries have been hit harder than others, the food & beverage and food service industries are continuing to
Seven Ways to Improve Capex Forecast Accuracy
We all know things rarely go 100% as planned. It’s why, though you start with a budget, you know full well that once the real world of actually conducting business,
Capital Planning in a Time of Rising Rates and Inflation
Like it or not, the question isn’t if we will see increased inflation and interest rates but how high they will go and how long will it last. Their causes
Capex vs. Opex Software Solutions: How Different Are They?
Understanding the difference between Capex and Opex software starts with the basics: At the highest level, Opex is an expense required for the day to day operation of a company,
FP&A From the Frontlines: Overcoming Obstacles to Capex Post-Completion Reviews
Here’s a conversation with Finario’s own Mike Evans on why post-completion reviews are so important, and how to get them implemented based on his senior finance experience working with a
Capital Planning Software in the Modern Finance Stack: What it is and Why You Need It
ERP, EPM, PPM, BPM, ECP, ECM: When it comes to the software essential to the “digital transformation” of the corporate finance department, discerning between them all can be far from
The capital budgeting process: What’s next after the ink is dry?
You’re halfway through Q1, your annual capital budgeting process is done and loaded in the system; fiscal year-end reporting is wrapped up. Now you can breathe a sigh of relief,
Capital Budgeting Essentials: What to Look for When Choosing a Capex Software Soltuion
Most companies would agree that the objective of making smart capital budgeting decisions is to ultimately acquire assets that are worth more than they cost. While the process of making
The Art of Building Consensus: Rallying a Buying Group Around an Enterprise Capital Planning Solution
You’ve identified a problem that needs to be solved. You’ve explored solutions to resolve that problem, identified what’s required, and have a supplier in mind that you believe is a
Elevating Your Approach to Capex: From Project Focus to Portfolio Management
As the manufacturer of a product, it takes many inputs to produce a good for sale: materials, labor, and capital equipment. You have a system to track labor by job.
Beyond Budgeting: How EPM Solutions Stack Up for Capex
Let’s get right to the point: you wouldn’t want to go into a battle blindfolded … and if making better capital allocation decisions is a priority at your company, you
