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.

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Hanna Kim
Cloud Reporting for Dynamics 365 for Finance and Operations Business Edition

In this article, financial reporting solutions for organizations utilizing Dynamics 365 for Finance and Operations, Business Edition will take center stage, so you can make the best software investment.

 

Image taken Shutterstock.

Image taken Shutterstock.

Last November, Microsoft took the wraps off of Microsoft Dynamics 365. It combines Dynamics customer relationship management (CRM) and enterprise resource planning (ERP) solutions into one integrated cloud product offering. As many of you know, there are two versions of Microsoft Dynamics 365. One, the Business Edition, is the lower end version based on the Dynamics NAV product in its structure. The higher end version, Enterprise Edition, is based on Dynamics AX and is designed for the higher end of the market. Both are architected for and deployed in the Microsoft Azure cloud, and it’s managed and hosted by Microsoft. This article will cover financial reporting tools for your company using Dynamics 365, Business Edition. Continue reading

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

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

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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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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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Matthew Felzke
Multi-cloud Deployments for BI and CPM Solutions

Image taken from AdobeStock

This article will discuss the trend of moving toward a multi-cloud deployment to support BI and CPM solutions, as well as other business processes.

In the world of business intelligence (BI) and corporate performance management (CPM), sometimes it feels like technology has been moving at a rapid pace, and other times, it might feel like everything has sped up all of a sudden. And both can be true. Technology innovation has arguably been picking up speed, building a momentum that can sometimes increase exponentially as certain breakthroughs lay the groundwork for the next scaffolding to go up – and so forth. Cloud computing is one of those breakthroughs that continues to add to their options in developments that seem to come both organically and rapidly. One of the relatively more recent business culture developments involves multi-cloud deployments. This article will zoom in on what multi-cloud deployments are and do, as well as what they can do for BI and CPM processes.

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Matthew Felzke
Hybrid Cloud for Business Intelligence: Removing Barriers, Overcoming Resistance

This article discusses the benefits of hybrid cloud deployments for your Business Intelligence and Corporate Performance Management systems.

In today’s business culture, cloud computing is common for enterprises and organizations, no matter the size. It was not always like this, as the technology seemed lofty, new, and unsecure. However, over time, the technological advances, the accessibility of company data from anywhere with an internet connection, and the scalability of cloud computing has reduced costs and made this business culture technology evolution a relevant consideration for all companies. And Business Intelligence (BI) and Corporate Performance Management (CPM) solutions have followed the move to cloud deployments, so if you’re involved with data management, analysis, or decision-making at your company, you might be wondering how to proceed – if you haven’t already made the leap. This article will zoom in on the benefit of implementing a hybrid cloud approach as a way to take your BI and CPM processes to the next level.

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