BUDGETING AND FORECASTING

BI, ANALYTICS, AND REPORTING | SOFTWARE ADVICE AND BEST PRACTICES

Business Forecasting: How to avoid tripping on the Black Swan

22 OCTOBER 2019 - 5 MINS READ

One might suggest that finding the end of a rainbow is easier than the task of predicting the future. However, with each business planning cycle,...

BUDGETING, PLANNING, AND FORECASTING

Implementing Scenario Budget Planning for agile monthly forecasting

2 OCTOBER 2019 - 6 MINS READ

The concept of utilising scenarios as a method for visioning future events can be traced back to the writings of Plato's Republic. Since the days...

BI, ANALYTICS, AND REPORTING

7 signs Excel is a budget planning liability

3 SEPTEMBER 2019 - 7 MINS READ

In a previous blog, we discussed just why Excel is now a liability to your budget, planning, and management reporting process, including providing an example...

BI, ANALYTICS, AND REPORTING

When does Excel become a liability to business planning?

27 AUGUST 2019 - 4 MINS READ

Imagine a successful and growing organisation who have used an Excel model to construct their annual budget plan for many years. However, in the past...

BI, ANALYTICS, AND REPORTING | BUDGETING, PLANNING, AND FORECASTING

Key problems with Annual Budgeting: insights from Oliver Wight's Stuart Harman

27 APRIL 2018 - 1 MIN READ

Many businesses are either still in their annual budgeting process, or have just finished and are taking a breath. It is often a long, arduous...

BUDGETING, PLANNING, AND FORECASTING

24 is the new black

23 MARCH 2017 - 2 MINS READ

Rolling planning should be the mandatory state for every business. This blog isn’t to advocate the benefits of rolling planning over a single annual plan...

BUDGETING, PLANNING, AND FORECASTING

The age of decision-making platforms has arrived!

16 MARCH 2017 - 3 MINS READ

Decision-making processes are key to your success. They direct resources, mitigate risk and exploit opportunity. Given the nature of business, decisions are both transient and...

BUDGETING, PLANNING, AND FORECASTING

How to cook a groundhog

17 FEBRUARY 2017 - 3 MINS READ

In my first blog post, I discussed the failure of many businesses to address the opportunity for improvement, and the impact of poor budgeting on a business....

BUDGETING, PLANNING, AND FORECASTING

Avoid Groundhog Day with your budgeting in 2017

30 JANUARY 2017 - 3 MINS READ

Considering the number of businesses that contacted me in the dying breath of 2016, it seems many businesses simply don’t gear up in time for...

BUDGETING, PLANNING, AND FORECASTING

Uncover the gap between Finance and Operations

8 DECEMBER 2016 - 2 MINS READ

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...