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TRG Blog

What to look for in corporate budgeting solutions

Posted by Nhi Huynh on

When it comes to budgeting, the traditional method used is spreadsheets. However, over the years, spreadsheets have demonstrated themselves to be insufficient to handle budgeting in the ever changing business world. Hence, dedicated corporate budgeting solutions were born to deliver the accuracy, agility and responsiveness that companies so desire. A powerful budgeting solution should help businesses adopt budgeting best practices, such as:

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Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting, Financial Accounting Management Software

What to look for in corporate budgeting solutions

Posted by Nhi Huynh on

When it comes to budgeting, the traditional method used is spreadsheets. However, over the years, spreadsheets have demonstrated themselves to be insufficient to handle budgeting in the ever changing business world. Hence, dedicated corporate budgeting solutions were born to deliver the accuracy, agility and responsiveness that companies so desire. A powerful budgeting solution should help businesses adopt budgeting best practices, such as:

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting, Financial Accounting Management Software

Making the case for specialised financial close software

Posted by Trang Nguyen Minh on

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Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting

Step-by-step guide to budget and strategy alignment

Posted by Thai Pham on

Given the strategic planning best practices, it is obvious that the creation of a good plan requires far more than just collecting a set of financial estimates. To achieve a budget and strategy alignment, use the following six steps:

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting

Step-by-step guide to budget and strategy alignment

Posted by Thai Pham on

Given the strategic planning best practices, it is obvious that the creation of a good plan requires far more than just collecting a set of financial estimates. To achieve a budget and strategy alignment, use the following six steps:

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting

Budgeting best practices

Posted by Thai Pham on

To many radical thinkers, the shortcomings of the traditional budgeting approach  have made the process unviable. In reality, however, budgeting still plays a significant role. Therefore, to neutralise the arguments for and against traditional budgeting, companies should follow six budgeting best practices:

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting, Financial Accounting Management Software

Budgeting best practices

Posted by Thai Pham on

To many radical thinkers, the shortcomings of the traditional budgeting approach  have made the process unviable. In reality, however, budgeting still plays a significant role. Therefore, to neutralise the arguments for and against traditional budgeting, companies should follow six budgeting best practices:

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting, Financial Accounting Management Software

Approaches towards book closing and financial consolidation

Posted by Trang Nguyen Minh on

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Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting

Best practices in strategic planning

Posted by Rick Yvanovich on

Most organisations have plans. There is, however, a huge difference between a good plan and a bad plan. A bad plan, for example, is one that consists only of costs and revenues. This plan provides no guidance for the organisation regarding how it is to achieve the revenue targets. There is no linkage between the high level goals and the day-to-day activities necessary to achieve them.

Read More…

Topics: Planning and Budgeting, Infor CPM, Talent Management, Corporate Performance Management CPM, Financial consolidation, planning and reporting

Best practices in strategic planning

Posted by Rick Yvanovich on

Most organisations have plans. There is, however, a huge difference between a good plan and a bad plan. A bad plan, for example, is one that consists only of costs and revenues. This plan provides no guidance for the organisation regarding how it is to achieve the revenue targets. There is no linkage between the high level goals and the day-to-day activities necessary to achieve them.

Read More…

Topics: Planning and Budgeting, Infor CPM, Corporate Performance Management CPM, Financial consolidation, planning and reporting

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