In the Future, Will Enterprise Software and Corporate Performance Management Only Be Available in th
This article explores the realities of cloud revolutionizing the technology and business worlds, especially for enterprise software, like cloud corporate performance management solutions. In the recent years, cloud services have rapidly gained in popularity. An increasing number of organizations now choose to implement their accounting system, customer relationship management (CRM), corporate performance management (CPM), web site analytics and more using vendors’ cloud offerings. Still for years ahead, many companies will keep some of their data sources on-premise as well, and even if they one day have moved every single business application to the cloud, their data will be spread across ma
This article will zoom in on what you need to know about reporting solutions and processes that will set you up for a successful future. Just like strategy and goals at most companies are often quite disconnected from the budgeting process, and the budgeting and forecasting processes themselves are still rather archaic and manual, so are many reporting processes. In other words, both areas are due for a significant overhaul for companies that want to enable world-class decision-making. Reporting Processes Today, one of the most typical corporate performance meetings is the month-end financial review, where finance and accounting managers present the monthly and year-to-date numbers. This is
