Business Intelligence and Data Analytics Blog
Information and Discussions on Business Intelligence, Data Analysis, and Management featuring: Strategies, Best Practices, PARIS Product Tips and News
Increasing Financial and Project Visibility in Unanet with PARIS Tech Solutions
Engineering, construction, and project-driven organizations operate in highly complex environments where margins are tight, and decisions must be made quickly. While Unanet delivers a strong foundation for financial and project management… Many organizations…
An Excel Database & SQL Server Reporting for Real-time Financials with PowerExcel
You can turn your spreadsheet mess into an Excel database, and let us tell you why it is a power move. If your ERP or accounting system runs on SQL Server, you’re sitting on a goldmine of financial data! You can access that data with an analytical Excel…
Foreign Currency in Financial Models: 5 Field-Tested Tips for Faster, Cleaner Consolidation
This blog presents a pragmatic approach to foreign currency in financial models drawn from hands-on group consolidation work. An experienced FP&A leader doesn’t chase complexity—he or she organizes it. The method respects IFRS/US GAAP, keeps reports tidy, and…
Creating and Forecasting Partner Compensation Calculations for Law Firms
Smart businesses don’t put all their eggs in one basket when making big investments. Instead, they use scenario planning to see how those investments might play out in different futures. This approach helps spot hidden risks and opportunities before committing…
Using Scenario Planning to Evaluate Capital Investments Under Multiple Outcomes
Smart businesses use scenario planning to see how their investments might play out in different future scenarios. This approach helps to spot hidden risks and opportunities before committing millions of dollars. What is Scenario Planning? The Foundation of Strategic…
Improving Long Range Planning with CapEx Forecasting Tools Built for Flexibility
As a financial manager, capital expenditure forecasting is a well-known, universal hurdle: crunching numbers is just the start of a laborious and extensive process. Unexpected mathematical complexity isn’t even the main culprit: the largest source of unexpected…
Automating Financial Consolidation to Eliminate Manual Close Delays
Companies that have multiple entities understand the process well: financial consolidation is a critical part of closing the books and keeping accounting streamlined throughout the organization. And while today’s tools are powerful, there’s still a significant amount…
Strategic Resource Allocation to Maximize Efficiency in Engineering Firms
Strategic resource allocation is one critical area that demands attention in the competitive architecture, engineering, design, and construction (AEC) landscape. As engineering firms continually seek ways to enhance operational efficiency and project outcomes,…
Identifying and Tracking Key Financial Performance Indicators in the AEC Industry
For AEC firms to stay competitive and profitable, tracking the right financial performance indicators is essential. These metrics provide critical insights into operational efficiency, profit margins, and overall business health. With growing industry pressures—from…
Automation in FP&A: Eliminating Manual Reporting Errors and Improving Efficiency
Eliminating Manual Bottlenecks in FP&A for Greater Efficiency Despite the overall modernization of an automation-driven workforce, the persistence of manual processes in FP&A perpetuate challenges to doing business and facilitating growth. These processes…