July, 2015

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Understanding Analytics-Based Enterprise Performance Management

Planful

EPM is essentially a combination of the concepts of strategy maps, balanced scorecards, profitability management, activity-based costing principles, driver-based budgeting, and a few others. When you are a CFO, everyone looks to you for all the answers. EPM is a method to glean deeper, more meaningful insight by collecting and aligning all of the data from various software and applications and combining it for a richer, more comprehensive view of the status of the enterprise.

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Beyond Budgeting – Are You Ready?

Planful

A growing number of organizations are moving away from the annual budgeting process and finding better ways to plan and control their resources. Get the Best Practices Guide. Recently, I had the opportunity to attend the 2015 Beyond Budgeting Round Table Conference. There, I heard case study presentations from a few organizations who have moved “beyond budgeting.

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Data Integration and Analysis: The Foundation of Quality EPM Software

Planful

Useful Big Data Isn’t Just Lots of Data, It’s Lots of Types of Data. Big data isn’t just valuable because it’s large. The value lies in its complexity, depth, and breadth. In other words, the more types of data you can integrate from different sources, the more valuable your data analysis processes will be. By integrating data from all of the various sources (financial systems, production systems, customer relationship management software, etc.), you can get a much broade