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New US baseline tariffs, plus larger tariffs for countries such Vietnam, Taiwan and China, are – not surprisingly – placing huge pressures on organizations that make and sell products around the world.
In this world of rapidly shifting trade policies, scenario planning is essential for navigating the impact of changing tariffs. What if a new tariff suddenly drives up the cost of key imports? What if a foreign government responds with steep retaliatory duties on your exports? Each change can have a direct ripple effect on revenue, profitability, and overall business strategy. Proactively modeling these “what if” scenarios empowers companies to stress-test their plans, build resilience, and respond swiftly to protect margins and maintain competitive advantage in a volatile global marketplace.
It’s clearly a time where the Office of the CFO has to respond with agility and resilience, with teams required to re-forecast on the fly as tariff rates and global supply chains continue to flex. This will involve an element of crisis cashflow management, but it also opens up potential opportunities to improve competitive advantage.
Given this, finance teams simply can’t rely on potentially error-prone spreadsheets and static reports if they’re to try and make sense of the impact of tariffs on their operations. This is a critical time for the Office of the CFO. By enabling write-back directly within Power BI, organizations can create a unified, dynamic environment that will connect all their operations, strategy and execution like never before. And this can equip them with the insight they need to plan successfully for the future amid all this disruption. That’s where solutions such as Acterys Smart XL can make a huge difference, bringing the full power of Excel directly into Power BI – moving your data fast and making sure it lands where it matters.
With our comprehensive write-back functionality, Acterys helps finance teams to transform all their unstructured Excel data into AI-ready structured data – enabling them to uncover the AI insights that the business needs. Delivering key insights from your data through Power BI with write-back effectively frees up more time for strategic analysis.
When applied to complex forecasting scenarios such as the current tariff situation, this can help CFOs and their teams to:
- Accelerate scenario planning – what’s the impact of an additional 84% import tariff on Chinese goods? How will the U.S. react to China’s 84% retaliatory tariff on US imports?
- Store and repeat scenarios for more agile response as assumptions change, or countries engage directly in new trade talks
- Turn static reports into live what-if? scenarios using actuals
- Import critical data from ERP systems
- Enable Power BI reports where all parts of the business can contribute exactly what’s needed
Find out how you can use Acterys Planning Intelligence to make informed decisions, or get in touch directly to learn more.
