Matthew Felzke
Cloud CPM vs Business Intelligence

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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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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
Excel Budgeting on Cloud for Banks

This article will focus on Excel Budgeting on Cloud for Banks.

 

loan

Nothing is easier than Excel – When it comes to budgeting for a bank, it all starts with the balance sheet.  The main component of a bank’s revenue comes from the interest earned from loans and paid on deposits.  To budget interest, you will need to figure out what the existing loan and deposit balances will look like over the next several months.

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Daniel Havey
Easy Cloud-based Reporting for Banks


This article will focus on Easy Cloud-based Reporting for Banks.

Have you ever wondered why Do It Yourself (DIY) shows are so popular? According to a Country Living article, “There’s a before, during and after in one TV show—so, you basically get to the happy ending very quickly.”  In other words, your renovations might take weeks or months (or, God forbid, years), while Chip and Joanna’s Gaines home makeover requires less than an hour of your time. And in the end it looks perfect, unlike what you may have experienced.

What is wonderful about these shows is that they take homes that are a total wreck and transform them into beautiful showcases where we wish we could live in them.  In almost all cases, the projects are within budget, finish on time, and result in a very happy customer.

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Matthew Felzke
Is Forecasting the Most Important Piece of your Planning Pie?

This article discusses the importance of forecasting in the context of planning processes.

I’ve written about Forecasting versus Budgeting before, but in the face of the apparent trend of forecasting becoming more and more popular and impactful, I wanted to examine its place in the task of planning.  Is it true that forecasting is the most important process for corporate performance management today – why or why not?  What is the difference between a business plan, a forecast, and a budget?  When should you be planning for your business, forecasting, and/or budgeting?  What does each entail?  This article will zoom in on planning today for your organization’s success in the future.

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