The future of planning and analysis solutions By Michael McGeein Originally published by IBM, April 28, 2021 We live in an era of digital transformation where disruption is always at the door — especially as it relates to optimizing the power of data to inspire informed decision-making. To not just survive, but thrive, you need […]
Host Analytics defines driver-based planning perfectly: The goal of driver-based planning is to focus business plans on the factors that are most critical to driving success, then creating mathematical models that enable managers to run scenarios based on these drivers to understand the impact on projected business results. In short, driver-based planning allows you to plan with […]
South African businesses know that the reporting formats for the CIPC are changing, and with this change, other regulatory bodies will be following suit. We’ve discussed the reasons that the CIPC has made the move, and the CDM / XBRL implementation that gives you in-house, automated control of your reports. Now, we outline the […]
Business Intelligence tools are becoming more and more critical to business in South Africa, and the growth of the market has opened the door to a multitude of small-scale solutions, as well as the growth of the enterprise solutions that lead the way. It’s difficult to know exactly where and how you need to […]
Business Intelligence (BI) tools are becoming more and more critical to business in South Africa, especially when focusing on the alignment and optimisation of your business, strategy, and operational processes to support your objectives. It is important to find a BI partner who can give you a turnkey solution for your financial and […]
With a solid understanding of how FPA (Financial Planning and Analytics) works from our ‘Real-Life FPM’ series, we’d like to get into the nitty-gritty of FPA, or Financial and Operational Performance Management. We’d like to look at the things that drive your business to implement an FPA solution and all the peripheral threats or promises that […]
We’ve discussed the implications, processes, and benefits of implementing a Financial and Operational Performance Management (FOPM) solution in your organisation. Once you’ve followed the implementation steps and kicked off the process, it’s important to remember that the organisation will gradually (or suddenly, in some cases) change. Automation of the planning, budgeting, forecasting, analysis and reporting […]
