In the world of finance and accounting, the close process is like a meticulously choreographed dance. It requires precision, coordination, and control to ensure financial data accuracy and compliance. To achieve this, organizations are turning to Corporate Performance Management (CPM) technologies, which function as the mission control center for their financial close processes. In this […]
Office of Finance
CPM Unwrapped: Achieving Operational Excellence Made Simple
Gaining operational excellence through Corporate Performance Management (CPM) involves a strategic approach to managing and optimizing various aspects of your organization’s performance. CPM encompasses processes, methodologies, and software tools that help align business activities with your goals, monitor performance, and make data-driven decisions. Here are some key pointers that will aid you in achieving operational […]
Unveiling the Power of a World-Class FP&A Process
Have you ever wondered what makes some companies stand out from the rest when it comes to Financial Planning and Analysis (FP&A)? In today’s rapidly evolving business landscape, having a world-class FP&A process can be a game-changer for organizations. But what exactly does it mean? In this blog, we will demystify FP&A by breaking down […]
Real Insights to Future Business Performance Requires Performance Intelligence Solutions
Without insights into future performance, businesses risk stagnation or failure. In today’s competitive global markets, businesses must understand current profitability, predict financial performance, and model scenarios aimed at optimizing future growth and performance. Gaining Insight with AI While baseline financials quantify profitability, they often do not provide key insights into what is driving sales, margin, […]
Unlocking Success: The Benefits of a Corporate Performance Management Solution
In today’s dynamic and competitive business landscape, organizations strive to achieve optimal performance and drive growth. To stay ahead of the curve, businesses need a comprehensive and efficient system to manage and enhance their performance. Enter Corporate Performance Management (CPM) solutions—a powerful tool that empowers organizations to align their strategies, measure progress, make data-driven decisions, […]
Why Include Exception-Based Reporting in Overall Business Reporting?
Business losses come in many forms, but they are a constant for most businesses. Many companies struggle to manage losses, whether internal or external. However, exception-based reporting is one tool to help businesses quickly find and eliminate sources of risk and loss. Today’s Finance departments are often focused on monthly profit & loss statements with […]
Capital Expenditure Planning, Art and Science
In today’s inflationary business landscape, using funds for Capital Expenditures requires a cautious posture. Optimizing how well capital is planned and allocated is a crucial driver of shareholder value and competitive advantage. It is part art and part science, a complex process to master in the office of finance. The science may be straightforward; however, […]
Automate the Office of Finance with Corporate Performance Management
Financial leaders have access to a vast amount of data to help make business decisions that grow their organization. Data is one of the most valuable and powerful tools in a leader’s arsenal. However, many leaders find that they cannot trust their data due to a variety of reasons, including: Multiple legacy systems, including multiple […]
Upcoming Webinar: Deliver Data You Can Trust
Making informed business decisions requires quick and easy access to timely and trusted data. CFOs, VPs, and leaders in finance have access to a vast amount of data that can help make business decisions that grow the organization. Data is one of the most valuable and powerful tools in leaders’ toolboxes, but many find that […]