Microsoft has recently announced it will no longer offer budgeting and forecasting module Microsoft Forecaster in Dynamics GP 2016.
It’s not an easy time to be an Australian business. While the Aussie dollar has hit an eight-month high and business confidence has stabilised, experts report increased pressure on wages, profits and revenue growth.
In my previous blog post, I discussed how an integrated performance framework is essential for Finance and Operations to operate cross functionally. The next step…
Integrated Business Planning (IBP) is a management process, which enables effective decision-making and control throughout an organisation. So why is IBP the next big thing?
When you think of a ball-and-chain, comical images of a prisoner in stripes trapped in a confined space manifest themselves in one’s mind. The ball and chain serves the purpose of holding back the convict, limiting their movement and stifling their progress. Sound familiar?
A corporate finance function plays two distinct key roles in an organisation. The first role is as the external reporter. However, it’s in the second role that common finance team dysfunctions regularly occur.
For many people, plan-do-check-act (PDCA) is a familiar concept; the iterative four step management method is widely used and has currency with lean methodologies. One advocate of this approach is David Moore, General Manager Finance & Operations at Suntory Australia.
Current SunSystems users may not be aware that they are sitting on an extremely comprehensive reporting, analytical, budgeting and planning capability and potentially not utilising it.
Most finance teams engage in a regular and elaborate dance known as the period close. This involves the synchronisation of many steps to consolidate, validate and report financial data across the enterprise. The smart CFO strives for a faster and smoother close.
The role of the finance department and, in particular, the CFO is changing fast. Against a backdrop of rapidly evolving technology, business leaders are expecting more from their finance executives.