Spreadsheets remain one of the most popular tools for business professionals today. Unfortunately, while they can be great for personal productivity, they’re ill-suited for large-scale planning, budgeting and forecasting.
The spreadsheet is arguably the most popular business tool ever invented, but it’s not well suited to large-scale, collaborative planning, budgeting and forecasting. Business needs to go beyond spreadsheets to planning analytics solutions that enable data-driven decision making. Take a look at key
In this roundtable podcast, IBM’s Tony Levy talks candidly with senior financial analysts from four companies to learn what challenges led these IBM customers to adopt performance management solutions. During their conversation, you’ll learn about the successes that these companies have already
Don’t let outmoded practices and irrelevant processes hold back your organization. Instead, discover what practices author and analyst David Parmenter believes finance teams can implement to heighten their efficiency and effectiveness.
Businesspeople consider budgeting a very unpleasant task, primarily because the mechanics of budgeting are so frustrating. Fortunately, a new solution makes budgeting more bearable by eliminating most unproductive Excel spreadsheet activities such as tracking down numbers, fixing broken links and
Rolling forecasts can help companies adapt quickly and easily, but their implementation can be a daunting prospect. To deploy your own rolling forecast system, begin by involving the people who can help the system succeed, and then shift smoothly from gear to gear, hitting top speed without a hitch
For over 30 years, Excel has been the go-to tool for financial professionals. But with the changing role of the CFO, Excel’s most useful days may be in the past as more advanced options let finance organizations streamline processes and gain powerful analytics capabilities.
Global corporations have treasury teams and huge ERP systems to manage their financials, but smaller firms often do not have that luxury. However, SMBs can draw on SaaS vendors to achieve similar results in budgeting and forecasting.
Data analytics provide companies with the timely information necessary to develop dynamic infrastructure financing models that enable them to make quick, informed revisions to their strategies in response to market changes.
Financial analytics software transforms the chief financial officer role from number cruncher to strategic business partner. This is accomplished with faster, more accurate forecasting, simplified and less conflict-laden planning and quicker decision making with real-time, trusted financial metrics.
Despite being the go-to tool for budgets, forecasts and planning, spreadsheets are unfortunately often prone to errors, primarily because of the volume of manual processes the tool requires. Three noteworthy examples from the past decade illustrate how damaging spreadsheet errors can be. By
IBM Cloud solutions for Finance offer more than just rapid, cost-effective deployment. Companies are turning to IBM Cloud for its software-as-a-service (SaaS) applications, which provide critical competitive advantages to enhance organizational performance, revenue and growth.
The corner punch represents a time when CFOs depended on manual technology to do their jobs; today, they have automated, advanced analytics that deliver greater insight and collaboration than ever before. See how far financial planning, budgeting and forecasting have come even since spreadsheets