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
Your Data, The Cloud—and Excel
For many companies “the server room” is a thing of the long-ago past. Just like the onsite applications meant to run in the server room, all that server-installing and server maintenance has gone virtualized, up to the Cloud. Along with the applications and servers, so, too, have gone databases; the connectivity between systems, and; an enormous amount of stored data. Even daily work in Office applications has gone to the Cloud.
FP&A Career Questions
FP&As are highly valued team members since they understand the technical aspects of finance and the big-picture implications their work has on achieving organizational goals. As this is an interesting, dynamic, and future-oriented role, professional interest is growing. Read below to learn about an FP&A career through the most asked questions on Google.
The Cancelled History of TM/1
The history of TM/1 started in early 1980. It was a product developed by a company called Sinper, which was the combination of the names of its founders, Jose and Lauren Sinai “Sin” and “per” for Manny Perez. Sinper struggled to survive until October of 1987.
FP&A’s Purpose and Role in Organizations
FP&A is a crucial function in any organization because it helps to identify and manage financial risks. FP&A professionals work with key stakeholders, such as investors, customers, and employees, to develop budgets, forecasts, and performance measures that inform strategic decisions about the organization.
Fashion & Business Intelligence (BI): An Unbelievable Connection
Style, they say, is forever, but fashion is fickle, changeable with the seasons. Indeed things change very quickly in the fashion industry, as the seasonal runway shows make glamorously clear.
Budgeting Solutions for Your Business – Sharpen Your Axe
Abraham Lincoln has a famous quote, “If I had six hours to chop down a tree, I’d spend the first four hours sharpening the axe.” Not many of us enjoy taking part in the budgeting process each year. The process is the most tedious and potentially risky task we do to...
How to Avoid Bad Budgeting
-by Benjamin Wann, FP&A expert and writer at benjaminwann.com Abstract: This article is an in-depth review of the end-to-end budgeting process, covering each of the steps required to prepare, build, and set a corporate budget. The article explains each...
PowerExcel: Making What’s Complicated in Budgeting Simple
Not all firms budget, but nearly all that do use Excel. This is true for firms of all sizes, across all industries, and around the world.
Can CFOs Really Benefit from Business Intelligence Services? (hint: incorporate Planning capabilities)
They must consider revenue targets; gross margin goals; keeping costs down while increasing sales funnels; investment opportunities; business risk areas …
Financial Process Improvement: How to Improve Your Planning and Reporting Processes
Many finance professionals are tied to inefficient processes resulting in an underutilization of their talents. Learn how to improve your financial processes.