How to Prepare for an Enterprise Resource Planning Software Implementation
This article focuses on the process of preparing for a software implementation. Congratulations! You’ve already made the hard decision. You’ve done your research on software vendors, you’ve notified your IT and finance departments, and the decision makers have signed the contract. Let’s talk about the many stages you and your team will experience as your company prepares for a software implementation project. We’ve talked about the technical tips and tricks in former blog pos
The Benefits of Budgeting with Budget Templates Part 2
This article focuses on part two of the importance of budget templates series. In part 1 of the series of The Benefits of Budgeting with Budget Templates, it is mentioned that budgeting is a topic that is not very popular in many companies, and the process may seem like a headache to many employees. Although a pain, it is necessary to communicate the importance of a budget to the entire company so the employees take ownership of it. In this article, we will continue the discu
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
Empowering Dynamics 365 Business Central with Advanced Budgeting, Reporting and Consolidations
This article explores the arrival of Dynamics 365 Business Central and how you can achieve advanced reporting and budgeting. With Microsoft’s highly anticipated release of Dynamics 365 Business Central (D365 BC), the company’s long awaited cloud ERP for the smaller and mid-sized businesses, executives evaluating the solution will, as expected, quickly zoom in on reporting, budgeting and business intelligence (BI) capabilities. But, let’s zoom out for a moment…after 25 years i
Reporting in the Future: Financial and Operational Reporting, Dashboards, and Analysis
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 decisi
Corporate Performance Management in the Future: How to Upgrade Reporting, Budgeting, Dashboards, and
The purpose of this blog entry is to help you shape a vision for the optimal decision-making platform that your company should plan for today to be ready for the future. Sure, corporate performance management (CPM) vendors will keep innovating and delivering powerful features that may not even have been requested by their customers yet, but most likely, your company has a lot of homework to do while vendors work on delivering the CPM portals and tools of tomorrow that will op
Top 5 Reporting Problems Faced by a CEO and Their Technology Solutions, Part 1
This article discusses the top five problems facing CEOs today in regard to corporate performance management, zooming in on reporting. In interviewing a very successful CEO and founder of a large company, it was revealed that he had tried many market-leading dashboard and reporting tools in his career, and none of them had given him the complete decision-making platform he was looking for. He first expressed the corporate performance management (CPM) issues he faced, and all
Solver Releases Enabling World-Class Decisions as First Book in Series
Solver, Inc. today announced the release of the first book in a series, Enabling World-Class Decisions, the Executive’s Guide to Understanding & Deploying Modern Corporate Performance Management Solutions. Los Angeles, CA, January 10, 2018 --(PR.com)-- Solver, Inc., the global leader in Cloud and web-based Corporate Performance Management (CPM) for mid-market ERP systems, today announced the release of the first book in a series, Enabling World-Class Decisions, the Executive’
Netflix’s Okja and Cloud Financial Reporting: The Parallels of Powerful Storytelling
This article will look at the power of modern cloud financial reporting through the lens of powerful storytelling, as delivered by Netflix’s Okja. Sometimes, a movie comes along that captures a generation and perhaps even changes the culture. But unfortunately, with the amount of content and sheer number of options to stream, view, or purchase movies, television, and other video, it’s hard for any particular movie to stand out and captivate such a wide audience. That said, I
What to Expect from the Sage Acquisition for Sage and Intacct Users
In this article, we will be discussing details about the Sage acquisition of Intacct and how that will shape financial management for both Sage and Intacct users. You heard it. On July 25th, Sage announced that it will be acquiring Intacct for $850 million, now what? Intacct currently has 11,000 customers in North America, and Sage serves 6.1 million customers worldwide. Sage and Intacct users can now expect a complete set of solutions for accounting needs of organizations of
