The cloud service model, with its fast implementation time, meets the needs of a volatile business market. It enables the finance function to have a planning and budgeting solution up-and-running in a couple of weeks, as opposed to the months required for traditional on-site offerings. The speed and responsiveness of cloud solutions helps address the inefficiencies and dispari ...

The Cloud enables faster new insights through advanced analytics and BI deeply embedded in financial applications along with collaborative tools. Corporate Performance Management cloud solutions are becoming more robust with expanded software functionality for improved productivity and insights. Many CPM cloud solutions include advanced analytics and business intelligence (BI) ...

More companies are moving budgeting and planning to the cloud as they learn about the value of a hosted BPM/CPM solution and look to realize its many benefits.  This is especially true for small and midsize businesses who can now get the same functionality as large businesses easily and affordably. According to the 2015 BPM Pulse Survey, 26% are already using a cloud-based BPM ...

BI Dashboards are becoming increasingly popular within the finance department, as companies shift to a data-driven approach. What is the big deal about these fancy, eye-catching data visualization tools? The purpose of a business intelligence dashboard is to display the current status of metrics and key performance indicators for an enterprise. “If you think BI dashboards hav ...

For today’s oil and gas producers and executives, it has never been a more exciting—and more tense—time to be in business. The excitement is a result of the dawn of a new era in the enterprise: the digitalization of assets, the connectivity between people and technology, and revolutionary ways to interact with customers. The tension is a result of economic pressures, and perh ...

Excel is a highly effective tool for key aspects of budgeting including data entry, model-building and analysis. The tool has lots of core functionality to leverage for the budgeting process.  One significant downside to relying solely on Excel for budgeting is the ability to pull in data from multiple systems. This might look like uploading actuals from your general ledger to ...

Master Data is data about your business stored across different IT systems. This data holds information about your customers, suppliers, employees and other critical entities that run your organization. What is Master Data Management? Master Data Management (MDM) is the technology, tools, and processes required to create and maintain consistent and accurate lists of master dat ...