This article focuses on the importance of budgeting.
This article discusses CPM and examples of effective strategy, goals, planning, and analysis.
This article focuses on the importance of process improvements and KPIs.
This entry will recap the Biz.ONE User Group Conference, held in Garden Grove October 23-25, 2017 – and what’s on the horizon for SAP Business One.
The blog article is the first part in using Corporate Performance Management (CPM) for digital transformation. Continue reading
This article explores financial planning and analysis in the cloud for your CPM strategies.
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
This article will focus on simplifying customer profitability analysis for banks.
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
This article will discuss the process of preparing for a successful financial reporting implementation.
In the modern business realm, you cannot avoid financial reporting. Whether it is a homegrown Excel process, a legacy software program, an independent software vendor (ISV), or a native enterprise resource planning (ERP) report writer, every company is doing it. Investing in your first modern reporting tool typically means automated financial statements, accessible collaboration, modern security, and self-service analytics. Don’t worry if it sounds like gibberish to you. In this article, we will discuss preparing for your first reporting implementation so you are able to select the best reporting tool to navigate your organization in managing and analyzing data.
This article will focus on the demand for convergence of Business Intelligence and Corporate Performance Management tools and why this benefits mid-market companies.
The latest release of the Gartner Magic Quadrant for Business Intelligence strengthened my conviction that the market will see consolidation between the Business Intelligence/Visualization (BI) and Corporate Performance Management (CPM) vendors. Gartner classifies them in separate quadrants because the respective tools are evaluated differently during the sales process. Furthermore, BI tools usually sell into marketing and sales teams while CPM targets finance and accounting professionals. Consequently, there has been limited Mergers and Acquisitions (M&A) in the space. Note that this article assumes readers are familiar with the basic definitions to focus on a narrative explaining the demand for their convergence.
This article will discuss dashboard solutions for real estate companies that are seeking to enhance Microsoft Dynamics GP data analyses.
Visualization has some beneficial side effects. Visualization improves your performance; helps reach your potential, increases focus, boosts confidence, and so much more. Think about professional athletes. For instance, everyone from tennis player Serena Williams to Arnold Schwarzenegger, who was a world champion body builder before he became an actor, have practiced visualization techniques. It makes sense to apply visuals to your financial reports and presentations. Think about receiving a stack of spreadsheets full of data. Is this how you extract your financial analysis? This is where a dashboard comes into play. The amount of data being created every year continues to grow tremendously. If your organization wants to make informed decisions, your company leaders need to be able to access and interpret data in real-time. The ability to act quickly on the data has become a competitive differentiator. A dashboard presents key data on a single page and uses visuals to summarize a large amount of data. In this article, we will discuss how dashboards will help real estate companies that are using Dynamics GP. Continue reading