How to Grow Your Business with Advanced Budgeting and Forecasting Software
This article will describe how organizations leverage planning software to increase efficiency. Strategy, accuracy and automation are essential features in Corporate Performance Management (CPM) software that can make a world of difference for organizations’ budgeting process. When it comes to planning—strategy, budgeting, forecasting—organizations can ensure strategic alignment, maximum visibility and streamlined processes with the right solutions. Additionally, organizati
Top Reasons to Work with a CPM Company
This article will focus on the benefits of partnering with a company that offers a corporate performance management solution as a product. We are all customers of a business. Whether you’re browsing Amazon for a home vacuum that doesn’t break down every year or picking out produce at your local grocery store, we all want the same thing. Namely, we want a product that gets the job done and satiates a need we have. Additionally, good quality, affordability, and customer service
Join Us at Ascend 2019—Take Your Next Journey to BI360 Growth
New Conference Name…Same Awesome Location…Better Learning and Networking Need a quick business data management pick-me-up? Want to hone your BI360 skills or even become your organization’s next BI360 guru? Then you’ve got to come to Ascend 2019, August 19-22 at the Hyatt Regency Huntington Beach. It is Solver’s reimagined annual BI360 partner and user conference, taking the place of Focus, Solver’s previously successful event. You might be asking why the change? For one thing
How Scaling Companies Handle Budgeting
This article will describe how companies with multiple business units process budgets and forecasts. Scaling organizations face a multitude of challenges. Organizations having to coordinate budgets and forecasts from different data sources between multiple business units experience even greater logistical obstacles. Reaching out for manually updated spreadsheets not only takes time but it also provides too many opportunities for miscommunication. What if your organization
The Benefits of Using a Data Warehouse
This article describes the value in organizing and visualizing data. Having a clear view of your company or organization’s performance enables strategic decisions. Having access to a clear view of your company’s performance to begin with, however, can be a major obstacle for many organizations. As the big-picture of a company’s performance combines different types of data, accurately gathering and uploading data into a single location can be arduous or sometimes, impossible
How CPM Software Minimizes Operational Overhead for Non-Profits
This article will describe how reporting can save operational costs. Facing constraints is nothing new to non-profit organizations. From tight budgets to strategizing growth, managing the books can all too quickly become overwhelming. Intuitively, we know using robust tools will simplify many kinds of budgeting and reporting processes. Yet, outside of easing the day-to-day workload, what else can corporate performance management (CPM) software do? Namely, save money. Thi
The Benefits of Budgeting with Budget Templates Part 1
This article focuses on the importance of budgeting. Budgeting is a topic that is not very popular in many organizations, and it can be an extremely time-consuming project for many employees. This is why it is important to communicate the significance of a budget to all employees so they take pride and ownership of it. A tip is to not make complex templates as the goal is an estimate for the coming year. If employees can’t have small variances, then they will make decision
How to Build a Corporate Performance Management Solution
How to Build a Corporate Performance Management Solution Let’s talk about strategy and goals. There are many reasons for communicating strategy but very few organizations include strategy as part of the planning process. The managers and employees who are involved in the budgeting and forecasting process should know the strategy and goals prior to planning, but it also should be front and center while entering the data. A goal of the company should be to provide the strateg
The Best Way to Improve Your Organization’s Internal Processes
This article focuses on the importance of process improvements and KPIs. How do you create a best-in-class process? And how do you implement it across the organization? These are some of the questions that may come to mind when thinking about process improvements. Our organization changed the monthly reporting as well as the monthly financial process, and the analysis process has become more effective. Prior to the changes, the financial statements were emailed out to the ex
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 offer
