Hanna Kim
What to Expect from the Sage Acquisition for Sage and Intacct Users

In this article, we will be discussing details about the Sage acquisition of Intacct and how that will shape financial management for both Sage and Intacct users.

sageintacct_logoYou heard it. On July 25th, Sage announced that it will be acquiring Intacct for $850 million, now what? Intacct currently has 11,000 customers in North America, and Sage serves 6.1 million customers worldwide. Sage and Intacct users can now expect a complete set of solutions for accounting needs of organizations of all sizes. This article will cover all you need to know about the Sage acquisition of Intacct.

Continue reading

Matthew Felzke
Enterprise Technology Cloud Strategy with Reporting and Budgeting for Microsoft Dynamics

Image taken from Shutterstock.

Image taken from Shutterstock.

This article will discuss leveraging corporate performance management (CPM) solutions as a foundation for an enterprise technology cloud roadmap.

I find myself thinking about cloud technology all the time these days. And this is particularly peculiar when I zoom out and think about how I was an English major in college. However, cloud is permeating the culture – both popular and business – and I can’t help but think about how it is changing the way we store, manage, and leverage data. I have even seen memes on social media that make fun of the fact that we keep so many pictures – “for what?” is the punchline. The answer is because we can, and our massive and growing amount of data doesn’t bog down our devices because it is housed in the cloud. Beyond that though, in the business world, cloud as a platform follows the consumer marketplace trend of subscriptions to outsourced services as opposed to buying something outright. This is such a major shift in the business culture, and it creates a more efficient relationship in the context of technology management for both the vendor and the consumer. This article will explore the journey of transitioning reporting and budgeting solutions to the cloud – and suggest a starting place.

Continue reading

Hanna Kim
Cloud Budgeting for Intacct

This article will focus on your options for modern financial budgeting solutions for your Intacct ERP solution.

Image taken from Shutterstock.

Image taken from Shutterstock.

Budgeting is a vital and important process, regardless of whether you are planning your personal finances or managing your organization’s budgets and forecasts. We have been seeing more and more budgeting tools hosted on the cloud and even though it seems pretty straightforward, most companies are still used to hosting their corporate performance management (CPM) tools on premises. Choosing the right budgeting solution for your industry that integrates smoothly with your Intacct enterprise resource planning (ERP) system can be challenging, but you have powerful options, and it will give you more knowledge about budgeting solutions for your company. In this article, we will explore Cloud-based budgeting and some of those solutions for your Intacct ERP system.

Continue reading

Matthew Felzke
Cloud Reporting for Dynamics 365 for Finance and Operations, Enterprise Edition

This article will focus on financial reporting tools for organizations using Dynamics 365 for Finance and Operations, Enterprise Edition, so you can invest in the right solution for your team.

This past November, Microsoft unveiled Microsoft Dynamics 365. Combining the Dynamics customer relationship management (CRM) and enterprise resource planning (ERP) offerings in one unified cloud-hosted solution, there are two versions of Microsoft Dynamics 365. The lower end version of the product is called the Business Edition and is based on Dynamics NAV as a framework. The Enterprise Edition is the higher end version, which is based on Dynamics AX and created for larger corporations in the top of the marketplace. Both are hosted by Microsoft and deployed in the Azure cloud. In this article, we will explore what you should look for in a financial reporting tool for your organization to use with Dynamics 365, Enterprise Edition.

Continue reading

Matthew Felzke
Cloud Financial Reporting for Intacct

This article will discuss your options for modern financial reporting solutions with Intacct.

Financial reporting is the cornerstone of corporate performance management (CPM), as the process does the work of summing up the financial health of your company. Today’s business world relies on financial reporting in a major, indispensable way. As it is a requisite aspect of running a business, automation of reporting processes and streamlining the content only makes sense. As you seek to understand the data that you pull from cloud and on-premise technologies, reporting is becoming more crucial, even just as a way to consolidate information. This article will zoom in on second generation cloud reporting tools and how the right one can benefit your data management and analysis tasks from your Intacct ERP system.

Continue reading

Matthew Felzke
Cloud CPM vs Business Intelligence

Image taken from Shutterstock

This article discusses the differences between corporate performance management (CPM) and business intelligence (BI) solutions in the cloud technology era.

On this blog, we write a lot about corporate performance management (CPM) tools. And we talk a lot about business intelligence (BI) solutions. In fact, we seemingly use the terms interchangeably – and there’s some thought behind that. BI and CPM exist in the same realm of enterprise technology that makes sense of the health of the organization. They both pull data from a variety of sources to crunch numbers and analyze information, so that you can pinpoint strengths, weaknesses, opportunities, and threats. However, there are some differences, and while their output might not seem mutually exclusive, there is not much overlap. As we continue our ascent to the new normal of cloud technology platforms, it will be helpful for companies to understand the differences between the two, so the right solutions can be deployed to meet organizational goals. This article will highlight the distinctions between BI and CPM solutions, so you can continue to build your cloud technology roadmap with precision.

Continue reading

Hanna Kim
Cloud Financial Reporting for Acumatica

This article will focus on financial reporting software options for Acumatica users.

 

reportingFinancial reporting is arguably the meat and potatoes of corporate performance management (CPM) as your company goes about the work of summarizing the financial well-being of your organization. In the modern business world, there is no way we can avoid financial reporting. It is mandatory, whether we like it or not, so why not automate the reporting process and streamline the report content? As we make sense of all the data that we can collect from our cloud and on-premise technology, reporting is only becoming more important.​ In this article, we will discuss the second generation of cloud reporting tools and how that will benefit your organization in managing and analyzing data from your Acumatica ERP system.

Continue reading

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.

Continue reading

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.

shutterstock_149667980

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

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