Resources

Adapting to an inflationary environment

by Jedox

Inflation has reached 40-year highs, affecting people and organizations worldwide by increasing costs of basic needs and straining profit margins. Organizations must adapt to this inflationary environment by planning for it in addition to managing it.

The inflationary environment in 2022 and beyond
Inflation is often caused by a decrease in supply or increase in demand, leading to higher prices. Causes include supply chain disruption, reduction in oil production, and other energy-related factors. To better understand and adapt to inflation, Finance professionals should remember the three key points below:

  1. Inflation is a global problem, and rates vary by country
    Inflation rates vary by country, highlighting the need for a strategy to manage and plan for inflation.
  2. There are many different indexes that help measure inflation, and each provides unique insights
    When choosing an index for financial planning, it’s important to understand its components and relevance to the organization.
  3. Inflation affects industries differently
    Finance professionals need to understand the impact of inflation on industries, current inputs, and assumptions for future modeling.

To read the full report, download here.

 

 

Related Resources

Implications of EU eCommerce VAT rules for Marketplaces and Sellers
whitepapers | Accounting Firms

Implications of EU eCommerce VAT rules for Marketplaces and Sellers

3d
7 Chief Obsessions of Successful CFOs
Finance Process

7 Chief Obsessions of Successful CFOs

1w
Smarter Finance: How Finance Leaders Achieve Data Driven Growth
Corporate Finance

Smarter Finance: How Finance Leaders Achieve Data Driven Growth

2w

Other resources from Jedox

How Integrated Planning Plays a Key Role in Digital Transformation

How Integrated Planning Plays a Key Role in Digital Transformation

9m