Daniel Havey
More and More Companies Are Trusting the Cloud With Their Data

Image taken from Forbes.

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Karen Barak
Look Out Surf City USA, Here We Come…August 27-30!

What to Expect Plus Tips to Help You Take Advantage of All Focus 2018 Has to Offer

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Daniel Havey
Best Corporate Performance Management Tools for Credit Unions

This article will focus on how what you should be looking for in the Best Performance Management Tools for Credit Unions.  

 

scorecard

What is Corporate Performance Management?  According to the Harvard Business School, performance measurement focuses on four main areas:

  • Communicate with external investors to ensure that a firms’ securities are fairly priced and that they are able to access capital
  • Measure and Evaluate a firms’ economic performance
  • Improve resource allocation and strategy implementation within a firm
  • Build Accountability for performance through effective external and internal governance

The emphasis of this article will be on improving resource allocation and strategy implementation, specifically for Credit Unions.  Though Credit Unions have evolved over time, their basic function is to take in deposits and reinvest those funds back into the community in the form of loans for such things as houses, cars, education, and infrastructure. Continue reading

Daniel Havey
Don’t Let Hackers Cloud Your Vision of Corporate Performance Management

This article will focus on Cloud-Based analytics for Banks in the Era of Data Hackers.

 

Image taken from Pixabay.

Image taken from Pixabay.

Getting to know all about you – A $1 Billion Credit Union recently approached me wanting to know my methodology to Corporate Performance Management (CPM) before they wanted to see a product demonstration.  Their ultimate goal is to have me perform a Data Analytics Assessment to see how good their current CPM process is before recommending any improvements. Continue reading

Daniel Havey
Simplify Customer Profitability Analysis for Banks

This article will focus on simplifying customer profitability analysis for banks.

Image taken from Shutterstock.

Image taken from Shutterstock.

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

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

Daniel Havey
Cloud-Based Enterprise Reporting for Banks

This article will focus on the Cloud-Based Enterprise Reporting for Banks.

BNKBenchmarkDashboardWhat is Enterprise Reporting?  In the past, Business Intelligence (BI) was limited to the office of Finance and typically with a key focus on Financial, Planning & Analysis (FP&A).  With the advent of Enterprise Reporting, BI is now being extending beyond the scope of IT staff, business analysts, and power users.  Enterprise reporting is enabling anyone who impacts the bank – city executives, branch managers, loan & deposit analysts, and customer-facing staff – to have immediate access to the vital information they need to most productively perform their jobs. Continue reading

Daniel Havey
Top Cloud-based Reporting Tools for Banks

This article will focus on the Top Cloud-based Reporting Tools for Banks.

 

Top Cloud-based Reporting Tools for Banks

Why was Dick Tracy’s watch so cool?  Dick Tracy was the main character of a comic strip that started in 1931.  He was a police detective that used forensic science, advanced gadgetry, and wits to catch the bad guys.  This series was the beginning of today’s police procedural mystery stories—although the Dick Tracy stories often ended in gunfights just the same. His stories typically follow a criminal committing a crime and Tracy’s relentless pursuit of the criminal.

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Hanna Kim
Top 10 Tips for Better Reporting with Excel for SAP Business One

This article discusses report writers and best practices for spreadsheet design for organizations looking to expand their SAP Business One experience.

ReportSAPB1Your organization needs a powerful financial reporting solution to help you remain competitive in your industry by analyzing and managing your data without any issues or disruptions. Microsoft Excel is probably the most popular spreadsheet software program that exists. Everyone has probably used it at least once in his or her life. However, many people often design their spreadsheets with no planning at all. This usually means that most spreadsheets have a poor foundation and some room for error. In this article, we will explore how you can plan and design smarter with Excel-based financial reporting options, so you are able to better use your reporting tool to navigate your organization in analyzing and managing your data using SAP Business One (SAP B1). Continue reading

Daniel Havey
Cloud-based Call Report Automation for Banks

This article will focus on Cloud-based Call Report Automation for Banks.

 

incomestatementbi360Why does going to the dentist always seem stressful? I have been going to the same dentist for over twenty years.  He has seen my children grow up.  He has seen me change jobs a couple of times.  My wife has even joined his team in a fund raiser or two.  You would think that every time I see him, a warm fuzzy feeling would overcome my emotions.

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