Much is written about the significance of metrics on tracking the execution of strategy and operational effectiveness. However, many executives find the plethora of metrics to be overwhelming and costly to track. “What key metrics should I track and why?” is one of the commonly asked questions. Although there is no such easy answer to this issue, the principle of “less is more” usually holds true.
Blog Topics: Enterprise Performance Management (EPM), Business Intelligence, Analytics
To cloud, or not to cloud, that is the question. For enterprise applications, “cloud” is no longer a buzzword but increasingly becoming a prominent trend. Businesses can achieve significant advantages over other legacy on-premise solutions, which are locally installed on companies’ servers and computers, with ERP software in the cloud.
Blog Topics: Enterprise Performance Management (EPM), Cloud Computing
![[Infographic] How CFOs can help improve sales forecasting](https://blog.trginternational.com/hubfs/images/4-Tips-for-CFOs-to-improve-sales-forecasting-FB.jpg)
The role of modern CFOs in today’s business is much broader than it used to be. They are expected to use technology and their “number-crunching” capability to give other functions as well as the whole business better information to make decisions and move ahead. One key area in particular where CFOs should get involved more is sales forecasting.
Blog Topics: CFOs, Enterprise Performance Management (EPM)
Companies are adopting innovative enterprise solutions to help them stay ahead of their competitors. Nevertheless, many still rely on spreadsheets to perform vital financial functions. It is not a promising way for companies to remain relevant in this new digital economy. An EPM (Enterprise Performance Management) application could be the ultimate alternative to using spreadsheets.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
Knowledge is power. Knowledge is everything to make things happen, and eventually, going smooth and strong, straight to success! For many years, knowledge has been an eternal goal and target of mankind, not to mention businesses. Without knowledge, which in this context is business visibility and business insights, companies cannot know if they are succeeding or failing, and may get lost forever.
Blog Topics: Enterprise Performance Management (EPM), Business Intelligence, Analytics
Blog Topics: CFOs, Enterprise Performance Management (EPM)
Changes in industry and global market provide an opportunity for CFOs to re-evaluate the capabilities and responsibilities of the finance function, align new models and processes to the business, set stages and SMART objectives for more accurate planning, budgeting and forecasting, as well as improve strategic decision making for growth. In the last post, we discussed about four evolving roles of the modern CFOs, which are changed from traditional tasks of financial governance and control to a more strategic and entrepreneurship role in the organisation. But no matter what the roles are, the ultimate goal of CFOs is delivering the most effective decision that will lead the organisation into the future.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
It should have been fun to run a business and profit from it. Business is still a great way for some entrepreneurs to create a legacy and profit from a system larger than one person. Yet, business has its risks. Whole you can work with some risks and mitigate them; some others are beyond our control. It’s the kind of risks that we can control what business owners have to think about.
Blog Topics: Enterprise Performance Management (EPM)
Operating in a continuous developing business world, companies need to do everything to maintain their competitive advantages, enhance performance as well as improve their reputation and position in the market. In our previous post on ways to improve your BI solutions, we discussed 3 among 5 ways to improve organisation’s BI solution. The remaining ways are to manage big data effectively and integrate your BI solution with your existing system to achieve best business results.
Blog Topics: Enterprise Performance Management (EPM)
Being a small business owner, you perfectly know how important it is to choose a right marketing strategy. There is no entrepreneur who would not be happy to expand his customer base or grow his brand's awareness. However, sometimes it happens that your marketing strategy does not work for your small business, even if you do everything possible to make it right. Why does it happen so?
Blog Topics: Enterprise Performance Management (EPM)
Rick Yvanovich
/Founder & CEO/
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