October - 2018

The Most Efficient Reporting & Analysis Tools

This article will break down the best-in-class corporate performance management solutions as described in the e-book “Enabling World-Class Decisions” Reporting and analysis, previously a centralized, corporate activity with an executive audience, has evolved into an increasingly democratic practice. Today, leading organizations are “democratizing” information by making relevant ad-hoc analysis, reports and dashboards available near real-time for rank and file employees. In

The Benefits of Forecasting

This article will describe the importance of forecasting and how it differs from budgeting. Why is forecasting a good practice for all organizations? Here are five reasons: A forecast is usually a much quicker process and involves fewer employees. Forecasts, in general, are entered at the general ledger account level, while detailed templates, such as personnel templates, are not used. A budget is a company’s intention for the coming year, while a forecast is the most up-to-

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