As an IT professional, I’ve spent almost two decades providing businesses with technology solutions, such as business intelligence, forecasting, demand planning, strategy management, and financial budgeting. While each initiative delivers on its own merit, a much...
Category: Planning and Forecasting
It’s normal to feel nervous when implementing a new budgeting solution using a software platform like BOARD. This is especially true if you’re moving away from spreadsheet-based budgeting and forecasting for the first time.
In business, success relies on good intelligence then good decisions. Without the right data, organisations struggle to respond to change ahead of the market. They can’t easily see what’s working, what’s not, and identify areas to improve their bottom line.
It’s almost June 30. Finance professionals across Australia are starting to prepare their budgets for next financial year.
If you’re in a similar position, I’ll bet you haven’t given much time to reviewing and improving your budget procedures.
At the core of management accounting is the presentation of decision making information. This information is presented in many forms: business cases, costing models, budgets, forecasts, management and statutory reports. Traditionally, the decision making...
A survey of 1,245 planning software users has identified BI and CPM platform Board Software as the best for planning functionality.
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 is to implement a technology solution that supports and...
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?