Matthew Felzke
Budgeting and Forecasting in a Multi-cloud World

Image taken from Shutterstock

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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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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