This article focuses on finding an improved solution for a bad software implementation.
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We all wish for a successful software implementation, but information system projects frequently fall short or even fail. Many software implementations can be challenging, and only a few companies today achieve highly successful software implementations on their first try. Usually, the reason for failure or a bad budget implementation has little to do with the actual software itself. In this article, we will explore the seventh installment of our budget series: how to fix a bad budget software implementation.
This article will focus on the process of preparing for a successful software implementation.
Congratulations! You’ve finally made the first step in investing in a budgeting software. This is huge. Budgeting solutions will make a world of difference in streamlining painful, manual processes and will also often improve decision-making capabilities. Whether you are about to buy a tool or you just purchased one, you are on the verge of a software implementation. Many software implementations can be challenging, and only a few companies today achieve successful software implementations on the first try. In this article, we will explore the sixth installment of our budgeting series: how to prepare for your first budget software implementation.
This article discusses budgeting and forecasting solutions for Professional Services teams, zooming in on the top feature and functionalities for Dynamics AX users.
Budgeting can be challenging, regardless of your industry, but fortunately, it is getting more dynamic and user friendly with today’s solutions to upgrade your Microsoft Dynamics AX tasks. For Professional Services organizations, planning is just as important, but is unique to the nature of the sector – and this is true for most industries, regarding particular budgeting demands. Plenty of companies are still utilizing Excel for homegrown budget processes, but today’s budgeting demands are more sophisticated than what the spreadsheet application can deliver. If you’re seeking an independent software vendor (ISV) budgeting tool that enables you to pull historical data from Dynamics AX, as well as payroll and other company- or industry-specific data sources for an aggregated financial plan that is the result of collaboration, this article is a must-read.
This article will zoom in on budgeting and forecasting for Professional Services organizations, specifically looking at the best features and functionalities for your Acumatica experience.
Budgeting is not the easiest task in business management, but the good news is that it is getting easier with modern software options to upgrade your Acumatica planning processes. For Professional Services organizations, planning is equally important, but varies because of the nature of the industry – and this can be said about most sectors, in terms of their specific budgeting needs. A lot of companies are still using Excel for homegrown budgeting, but quite simply, it falls short for today’s budgets that are more complex than the spreadsheet program can serve. If you’re looking for a third party budgeting tool that allows you to bring historical information from Acumatica, in addition to payroll data and other company- or industry-specific info, all together to streamline your naturally collaborative planning process, this article is for you.
In this article, project budgeting, forecasting, and modelling will be at the center of the discussion, specifically third party planning tools to improve your Microsoft Dynamics SL experience.
I’m sure you can agree that financial planning is such a necessary aspect of performance management in today’s business world. The quality of your budgeting and forecasting tasks can sometimes be the difference between life and death for businesses, especially when you think about the 2008 recession. Organization-wide planning responsibilities are typically regular and almost always entail a number of pieces bringing together actual transactional numbers and projected figures for the planning period. However, sometimes a company or a project manager has to budget and/or forecast for a project or specific task. If you are a consultant tracking and billing your hours to a client, a project manager managing multiple projects, or a freelance professional putting together a bid for a gig, project budgeting is undoubtedly a term you’re quite familiar with in your position.
This article will tackle budgeting, forecasting, and modelling for projects, using Microsoft Dynamics NAV with third party budgeting solutions.
You can go ahead and nod your head in agreement when I say that financial planning is such an essential element of corporate performance management (CPM). Sometimes, the caliber of your planning processes can mean life or death for enterprises, particularly in the context of the all too recent recession. Company-wide planning processes are generally routine and almost always require multiple moving pieces to bring together actual transactional figures and projections for the upcoming planning period. Alternatively, there are times when an organization or a consultant has to budget for a particular task or project. Whether you are a project manager overseeing multiple projects, a consultant tracking your billable hours, or a freelance professional crafting a bid for a job, project budgeting then is an important Business Intelligence (BI) term in your role.
Project budgeting is a task that most companies have to tackle, in some form or another. This article will address how to financially plan for special projects using Microsoft Dynamics and other ERP systems.
At this point, it probably goes without saying: budgeting is such an important aspect of corporate performance management (CPM). In some cases, the quality of the budgeting process can be life or death for a company or a public sector organization, especially in today’s post-recession marketplace. Budgeting and forecasting for an entire organization is a routine process and generally involves many moving parts to come together, linking actual data and projections for the upcoming fiscal year. However, sometimes a company or a professional will have to budget for a specific task or project. Whether you are a professional managing one or more projects, a consultant calculating billable hours, or a freelancer putting together a bid for a job, project budgeting becomes a relevant Business Intelligence (BI) term in your job.
Solver COO Corey Barak gives some tips when considering project budgeting solutions.
Last month, I had a conversation with a management consultant who had the task of bringing a company into the 21st century in terms of Business Intelligence. He was in the beginning stages of the project, and he did not know if he was going to find a comprehensive BI suite of tools for simultaneous implementation that would meet the financial goals of the organization for this initiative. We got to talking about the structure of budgeting for a consultant of his sort – and that naturally segued into a full-fledged conversation about project budgeting. He said that, in his experience, most people understand it as a fuzzy art at best, but in practice – and with the right tool, it can be significantly more accurate than widely perceived.