Why is Finance Now Moving to Cloud-Based EPM?
Enterprise software solutions for budgeting, planning, and forecasting (BPF) provide chief financial officers with higher quality results and with much greater efficiency than the traditional method: spreadsheet solutions shared via email. A survey of senior finance executives shows that most—54 percent—still use spreadsheets for their BPF. But the survey also shows that more companies will…
The Perils of Using Spreadsheets for Budgeting, Planning and Forecasting
Using spreadsheets for budgeting, planning, and forecasting is still a common practice, and a recent survey of senior finance executives shows just how harmful that practice can be. Chief financial officers who allow spreadsheets and email to serve as their main tool for budgeting, planning and forecasting (BPF) run the risk of hurting their companies…
Solutions Exchange Coming Soon…
"Share your knowledge. It is a way to achieve immortality."- Dalai Lama Later in January, we will be launching the Host Analytics Solutions Exchange, and in this post we’ll provide a preview for readers of the Host Analytics Blog.
What CFOs Need to Know about EPM [eBook Preview]
CFO Research in partnership with Host Analytics recently conducted a survey of financial professionals. The result of the survey is the eBook - What CFOs Need to Know about Enterprise Performance Management. This eBook explores a number of issues for CFOs to consider about cloud-based EPM solutions including:
Five Steps to Transforming Finance to be a Business Partner
According to a July 2017 survey by CFO Research and Host Analytics, finance departments are under mounting pressure to deliver budgeting, planning, and forecasting (BPF) data more rapidly, and to integrate the processes involved in BPF across the enterprise.
Planning Season is Coming – Time to Move Planning to the Cloud?
Well, summer is coming to an end soon – vacations are winding down, kids will be going back to school, and many of you in Finance will be starting the planning and budgeting process for 2018.
What is Driver-Based Planning?
Driver-based planning is an approach to planning and management that is focused on identifying an organization's key business and value drivers and then creating business plans and budgets based on these key drivers.
4 Key Things to Look for When Evaluating Cloud-Based EPM Solutions
Making the commitment to reduce reliance on Excel, or legacy applications, and moving to packaged enterprise performance management (EPM) solutions for processes such as budgeting, planning, financial consolidation, and reporting is a step in the right direction.
How to Transform Budgeting for 2018 With Continuous Planning – Webinar Recap
As the final days of summer tick away, many organizations are beginning to think about their planning and budgeting for the 2018 fiscal year. What's your approach?