Hanna Kim
How to Build a Corporate Performance Management (CPM) Solution

This article discusses corporate performance management (CPM) tools and examples of effective strategy, goals, planning, and analysis. 

 

budgeting, reporting, data warehouse, power bi, dashboards

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Daniel Havey
Cloud-based BI Solutions for Banking

This article will focus on Cloud-based Business Intelligence Solutions for Banking.

 

bank dashboardWhy do I love my iPod Classic? – I got my 80GB iPod Classic around 2007.  I was able to load all 14,000 songs from my library onto it.  I created several playlists that helped me organize the songs.  One playlist consisted of heavy metal that got me amped up before going to the gym.  Another playlist contained acoustic folk songs that were for the morning after a late night of fun. Continue reading

Daniel Havey
Cloud Reporting for Banks

This article will focus on Cloud Reporting for Banks.

Image taken from Shutterstock.

Image taken from Shutterstock.

Just what is Cloud Reporting?TechTarget defines Cloud Analytics as a service model in which the reporting and analysis process are provided through a public or private cloud.  These solutions are typically offered under a subscription-based pricing model called Software as a Service (SaaS). Gartner defines the six key elements of analytics as data sources, data models, processing applications, computing power, analytic models and sharing or storage of results. In its view, any analytics initiative “in which one or more of these elements is implemented in the cloud” qualifies as cloud analytics. Continue reading

Daniel Havey
Budgeting Tools for Banks

This article will focus on Budgeting tools for Banks.

Photo taken from Shutterstock.

Photo taken from Shutterstock.

The Balanced Scorecard is finally in place, now what? The senior management of the bank came up with twenty-four key performance indicators (KPI’s) that will make up the bank’s balanced scorecard.  Everybody is excited about the new measures and is looking forward to see how they rank.  The first report comes out with a lot of fanfare.  The second report then comes out and nothing changes.  Hmmm.  Everyone thought performance would immediately start to improve.

 

What is missing?  Budget tools for banks!  Now that the bank knows what measures are important to implementing its strategy for success, it needs to come up with a way to set goals and targets for those various measures.  The first step in this process is to come up with a budget.  There are many approaches and tools for budgeting for banks.  This article will help you sift through the myriad budget tools for banks by coming up with a list of requirements.

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Daniel Havey
Balanced Scorecards for Banks

This article will focus on Balanced Scorecards for Banks.

 

Image taken from Shutterstock.

Definition:  According to TechTarget, a performance scorecard is a graphical representation of the progress over time of some entity, such as an enterprise, an employee or a business unit, toward some specified goal or goals. Performance scorecards are widely used in many industries throughout both the public and private sectors. The performance scorecard is an essential component of the balanced scorecard methodology.

 

The focus of this article will be on balanced scorecards for banks.  Implementation of the balanced scorecard for banks and financial institutions is a very tricky thing, according to BSC Designer, as there is huge temptation to focus on financial indicators only.  We all know that banks work with money to make more money.  So, it is very easy to ignore non-financial indicators that have a direct impact on financial performance of banks.

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Karen Barak
Making the Most of Focus 2016—Best Things to Do at THE BI360 Conference of the Year

In just a few weeks, from August 22 – 25, 2016, the Hilton La Jolla Torrey Pines in San Diego, CA will become the focal point where hundreds of BI360 Partners and Customers will gather to learn about one of the top full service business intelligence suites and corporate performance management (CPM) products on the market.

Determining which sessions and activities to attend at this year’s conference can be mind-blowing, making your head spin with all of the possibilities. To help you pinpoint key sessions and things to do at the event, check out my guide to this year’s conference.

LAJOLLA

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