Matthew Felzke
The Future is Now: Cloud-Based CPM is Here to Stay

Image taken from Shutterstock

This article will discuss the established place for Cloud-Based CPM – the journey to embracing the newer platform and the value proposition that became a tipping point.

If you are as plugged into technology as even the next guy, you are definitely aware of “the cloud” – and that it is taking over as the new normal in terms of hosting files, applications, and networks. You might not know that much about what it all means, but you probably understand that hosting in the cloud means you’re not storing your pictures or your software or your connection to other devices on-premise. The iCloud might be the most pervasive example, with the popularity of Apple products, as it takes any files that you might have traditionally just stored on your cell phone (contacts, music, photos) and houses them in the cloud. Now, as cloud continues to build momentum, it has permeated the business technology space – and has finally established itself as a suitable platform, if not soon to be a leading platform option, for corporate performance management (CPM) and business intelligence (BI) solutions. This article will discuss the journey to this place of embracing the cloud as a platform for CPM and BI tools – and why companies are seeing the cloud as the future, right now.

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Daniel Havey
Don’t Let Hackers Cloud Your Vision of Corporate Performance Management

This article will focus on Cloud-Based analytics for Banks in the Era of Data Hackers.

 

Image taken from Pixabay.

Image taken from Pixabay.

Getting to know all about you – A $1 Billion Credit Union recently approached me wanting to know my methodology to Corporate Performance Management (CPM) before they wanted to see a product demonstration.  Their ultimate goal is to have me perform a Data Analytics Assessment to see how good their current CPM process is before recommending any improvements. Continue reading

Matthew Felzke
Budgeting and Forecasting in a Multi-cloud World

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This article is the final installment in a series focused on how Corporate Performance Management (CPM) tools can serve as a true solution, particularly zooming in on budgeting and forecasting challenges companies face with data housed in multiple cloud and on-premise systems.

The last blog article I wrote, I zoomed in further on the multi-cloud world that businesses today are navigating – and how Corporate Performance Management (CPM) and Business Intelligence (BI) processes and specifically, modern financial and operational reporting tools, can function as a complete solution to the related technological and data management oriented challenges we’re all facing. If you think about all of the essential enterprise technology solutions making the shift to the cloud, it can seem like a lot, especially in terms of the challenge to integrate and/or combine all of this diverse data. There are also on-premise tools, which is where plenty of accounting systems are still residing. But what about budgeting and forecasting – and all of the historical data from disparate sources needed to effectively plan? This article will focus on planning as an important BI and CPM process – and how the right application can be a true solution to your obstacles related to multi-cloud management.

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Hanna Kim
Why Move Financial Planning and Analysis (FP&A) to the Cloud?

This article explores financial planning and analysis in the cloud for your CPM strategies.

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Image from Shutterstock.

In the budgeting and forecasting realm, Financial Planning and Analysis (FP&A) is becoming more and more relevant. Most mid-sized and large companies have dedicated professionals in FP&A roles due to the constant evolution of finance and the reach across the enterprise. If you are not familiar with FP&A, this article will cover the benefits of cloud for your finances and hopefully, answers any questions you may have regarding to FP&A and the cloud. Continue reading

Matthew Felzke
Financial and Operational Reporting in a Multi-cloud World

Image taken from Shutterstock

This article is the second in a series about how Corporate Performance Management (CPM) applications can function as a true solution, this time specifically in regard to reporting and analysis challenges businesses face with data spread across multiple cloud and on-premise systems.

Last week, I wrote about this multi-cloud world that we are definitely already living in – and how Corporate Performance Management (CPM) and/or Business Intelligence (BI) systems can serve as a complete solution to technology and data management challenges that come with multiple cloud systems. Considering the number of enterprise technology applications moving to the cloud that are essential to running today’s businesses, it can be overwhelming and quite frankly, challenging to integrate and/or consolidate all of these data sources. On top of that, there are on-premise tools as well, where a lot of accounting systems still reside. Now, as our understanding of data and how we can harness this insight continues to evolve into more richly integrated manifestations, the multi-cloud reality can be frustrating. This article will zoom in on reporting as part of BI and CPM processes – and how the right tool can be a complete solution to your life, as we know it, in a multi-cloud era.

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Daniel Havey
Simplify Customer Profitability Analysis for Banks

This article will focus on simplifying customer profitability analysis for banks.

Image taken from Shutterstock.

Image taken from Shutterstock.

Just what is that account worth to you?  A rich man was walking through the streets of New Delhi one day when he happened upon a beggar.  The beggar had reached out his hand and asked, “A few grains of rice for a poor and starving man?”

At first glance, you would have thought that the rich man would have passed the offensive smelling obstacle without giving him a second thought.  Amazingly, he stopped.  He asked to see what the worthless man had in his cup.  Five grains of rice were all that he had to his name. Continue reading

Hanna Kim
Top 8 Acronyms Used in Business Intelligence and Corporate Performance Management

This article focuses on terms that will educate and help those who are new to the BI/CPM realm.

 

Image taken from Shutterstock.

Image taken from Shutterstock.

Have you ever started a new job in an industry you have no experience in? Learning the industry jargon can be overwhelming. I can personally attest to this because prior to working in the Business Intelligence (BI) and Corporate Performance Management (CPM) worlds, I was in the food, public relations, and entertainment industries, and did not have much experience in BI or CPM. If you have recently been exposed to BI tools, such as report writers, budgeting and planning solutions, dashboards, data warehouses (DWs) and you feel like a deer in headlights, there is no need to panic. In this article, we will discuss ten acronyms in the BI/CPM realm that will help you understand and enhance your experience with BI and CPM processes.

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Matthew Felzke
Corporate Performance Management to the Rescue in a Multi-cloud World

Image taken from AdobeStock

This article is the first in a series about how Corporate Performance Management (CPM)  applications can be a true solution for the reporting, analysis and budgeting challenges that businesses face with their data spread across multiple cloud and on-premise systems.

I recently wrote about multi-cloud deployments – defining the term, explaining how it works, and the motivation behind such a strategy. However, with more research and talking to those in the trenches of enterprise technology and system management, whether as a power user, an end user, and/or an IT professional, I increasingly realized that most organizations are already living in a truly multi-cloud world. Businesses today, generally speaking, are already harnessing the power of multiple cloud services and applications, as well as on-premise tools, to run their businesses. And this can be problematic in terms of bringing together all of your data sources for complete, actionable analyses for informed decision-making. This article will explore how the right Business Intelligence (BI) and/or Corporate Performance Management (CPM) system can be a complete solution to life in a multi-cloud world.

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Daniel Havey
Enterprise Budgeting on Cloud for Banks

This article will focus on the Enterprise Budgeting on Cloud for Banks.

dashboard benchmarkingThe Cloud is coming!  Are you prepared?  I read a story once about a land that was going through a drought, famine, and warfare.  After a momentous battle, a leader told one of his lieutenants, “Go up now, look toward the sea.” So the lieutenant went up and looked and said, “There is nothing.”  And the leader said, “Go back” seven times. Continue reading

Karen Barak
Focus 2017: Where BI360 Users Find Their Groove

New Sessions. More Networking. More Ways to Learn. August 21-24, 2017 | Hilton La Jolla Torrey Pines, San Diego, CA.

It’s coming. And it’s expected to be the best one yet. I’m talking about the fifth annual BI360 Focus conference for partners and users, hosted by Solver. This year’s event will be held August 21-24 at the Hilton La Jolla Torrey Pines, San Diego, CA. It’s collaborative. It’s community-building. What’s more, this is a valuable experience that helps users better utilize BI360 features and functions, as well as provides Partners with tips and insights that will grow their BI360 practice.

For those that have been to a Focus conference in the past, make sure you check it out again. Solver has new information to share, especially with the new BI360 Cloud and software updates. Attendees will also find opportunities to work with BI360 experts to troubleshoot existing issues, as well as, gain ways to optimize existing task performances or learn more about the myriad functions available with BI360. And once again, attendees will be able to earn CPE credits for attending the training workshops as well as the concurrent and general sessions.

What’s Different in 2017 and Why You Should Attend

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