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?
Every ERP and finance management system can spit out a trial balance at the drop of a hat. But there is a surprising gap that virtually every ERP and accounting system has missed.
If it’s a machine process, get a machine to do it, but if it’s a human process then give people the ability to properly apply the skills, experience and situational awareness that you pay them for.
Have you heard of Power BI? It’s the latest self-service business intelligence offering from Microsoft, and it’s already helping thousands of organisations around the world to do business more effectively.
If you’re a Microsoft Dynamics GP customer, you’ve no doubt been accustomed to a product licensing arrangement that requires you to acquire system components on module by module basis. Microsoft has now made it simpler.
It’s not easy running a successful registered club. There are so many moving parts: gaming, food and beverage, events, sport, marketing, finance, membership management, the list goes on and on. Keeping on top of it all is a challenge.
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.