by johnflorio | Feb 13, 2023 | Budgeting, Business Analytics, Business Intelligence (BI), Data Analysis, Data Management, General BI and Data Management, Ms Excel, OLAP, PowerExcel, Reporting, Software
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...
by benjaminwann | Feb 7, 2023 | Budgeting, Finance and Banking, General BI and Data Management
1. The Pains of Bad Budgeting Budgeting for businesses is absurd, and everyone knows it. The amount of time budgeting takes, forcing executives, directors, and managers into endless meetings and tense negotiations is mind-numbing. Budgeting incites managers to...
by jackguarneri | Jan 24, 2023 | Budgeting, Finance and Banking, General BI and Data Management
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. Among those firms that do budget, even staff who have relatively few numbers to contribute—in contrast to Finance professionals...
by dfernandes | Jan 23, 2023 | Budgeting, Business Analytics, Business Intelligence (BI), Data Management, General BI and Data Management
More than ever, CFOs are expected to look at past and present performance to formulate dynamic future growth strategies that will guide a company through the competitive landscape. They must consider revenue targets; gross margin goals; keeping costs down while...
by jessicaotero | Jan 19, 2023 | Business Intelligence (BI), General BI and Data Management, PowerExcel, Reporting
Financial Processes are Challenging Here you’ll find what we have found to be typical financial process challenges, along with our top tips for making your processes smarter. 1. Inefficient Processes Relying on outdated systems only makes the financial process...
by jackguarneri | Sep 21, 2022 | Business Analytics, Business Intelligence (BI), Data Analysis, Data Management, Finance and Banking, General BI and Data Management, Industry Focus, PowerExcel, Software
Moving from the Messy Middle to Digital Finance Transformation While not a generally accepted best practice, it is nearly universally true that Finance (and many other) professionals do a great amount of work in Microsoft Excel and then move data to a Business...
