Regardless of the industry or the vertical, every company has to look after its finances. This means that the (sometimes dreaded) month-end is a reality that affects many managers and teams. You’ve probably experienced the hustle and bustle feel of this time, the all-too consuming extrapolation of ERP data and manipulation of spreadsheets. But what if the whole process could be simplified and save your company time, and in turn,...

Your finance department, its valuable members, and their responsibilities are ever-evolving. If they aren’t, they should be for your company to keep up and gain a competitive advantage in the current climate of uncertainty and disruption. If you happen to be working in a finance department with outdated processes and inaccurate data, aiming for innovation might be a game-changer for your day-to-day work and your overall career.   Many...

Financial forecasting and Business Intelligence (BI) analytic tools provide business users with a single data source. All “actual” information is derived from the company’s proprietary Enterprise Resource Planning (ERP) system, automatically updated to a single DataMart at user-defined intervals for use by all reporting tools. All forecasts created in a budgeting and forecasting solution are “written back” to the DataMart, to then be...