Creative Financial Models Improve Decision Making

Creative Financial Models Improve Decision Making While monthly time periods are often sufficient for annual budgeting, some business models require planning with more granular time periods. Corporate Performance Management (CPM) solutions are designed to empower finance and operations to generate insights that deliver more value, more efficiently, and more often. So, I [...]

Spreadsheet Financial Modeling Improve Unified Budgeting and Forecasting

Spreadsheet Financial Modeling Improve Unified Budgeting and Forecasting A financial analyst and I viewed a demonstration of a leading financial modeling and consolidation application. When the sales rep was finished, the analyst asked: “Yeah, but… can you make a waterfall chart?” The sales rep said, “Yes, simply click this button to export to [...]

How to Overcome the Challenges of Workforce Planning

How to Overcome the Challenges of Workforce Planning One of the most pressing challenges that businesses face is compensation and headcount planning, aka workforce planning A company’s workforce likely accounts for the majority of its expenses – as high as 70 or 80 percent in some cases. This is a massive part of the [...]

The Dark Side of the Cloud Might Rain on Your Parade

The Dark Side of the Cloud Might Rain on Your Parade These days, if a CPM vendor doesn’t offer a cloud option, you should wonder about their commitment to the future of their own product. While cloud is a reality, not all clouds deliver equal benefits. In fact, some are decidedly vendor-friendly, sacrificing customer [...]

KPI Dashboards: Getting There and Living to Tell About It

KPI Dashboards — Getting There and Living to Tell About It Dashboards seem inexpensive, too. A few hundred dollars a year to keep your executive decision maker plugged in? That’s a bargain. In theory, cloud is all benefit to customers. Startup and deployment costs are reduced. Risk is minimized since you can cancel your [...]