• Celebrating its 40th year in business, Augusta Sportswear today sells more than 800 styles of activewear for teams, coaches, and athletes of all ages. Selling through a massive distribution network, such as this, leaves a lot for the Augusta Sportwear finance team to track in order to accurately measure performance. Until Host Analytics, Excel was the only tool they had.

    "We were using an old system that was very manual and prone to errors,” said Mark Brown, Augusta Sportswear Director of Financial Planning and Analysis. “We wasted a lot of time on activities that didn’t add value.”


    Posted by on October 19, 2017
    Topics: Reporting
  • It’s mid October.  At most companies, planning season is in full swing.  Finance is hip deep in budgets.  And, for many companies, that means you’re hip deep in Excel spreadsheets, too.  Mailing them back and forth.  Making new versions.  Sync’ing up different versions.  Figuring out who’s approved what.

    Then trying to tie it all together into a Frankenstein of a budget.

    Formulas get over-written.  Mistakes get made.  Versions get mixed up.  Targets get lost.  The board and senior execs see the roll-up and then change the targets.  So, you need to go back and do it all over again.  And in

    Posted by on October 17, 2017
    Topics: EPM
  • Swissport is the world's largest provider of ground and cargo handling services in the aviation industry, moving more than 4 million tons of cargo a year in 48 countries. But as Kim Lanham, the director of FP&A for Swissport North America, found out, the U.S.-based operation had room for improvement in how it moved and managed financial data.

    “I started at Swissport in February of 2015 and when I got there they said, ‘You are going to be consolidating 2,000 spreadsheets come budget season that summer,’” Lanham told me at our Host Analytics World conference last May. “And I said, ‘Oh no, no,

    Posted by on October 12, 2017
    Topics: Reporting
  • Generating renewable energy from wind and solar plants is a volatile and complex business. Price fluctuations, changing demand, and competition from non-renewable energy providers are just a few of the factors that confront companies such as U.S.-based Acciona Energy, a subsidiary of the global Acciona headquartered in Spain.

    Since going live in 2010 with Host Analytics for budgeting, planning, reporting and consolidation, Acciona Energy has gained vital insights into its business that has helped the company reduce costs, improve profitability, and make smarter investments.

    Vital Insights

    Posted by on October 4, 2017
    Topics: Planning
  • Financial planning and analysis (FP&A) professionals are being asked to play a more strategic role in their organizations. Unfortunately, the haphazard growth of business organizations often gets in the way. Many FP&A teams are stuck on a treadmill of laborious number-crunching, and struggle to manage data across disconnected spreadsheets and aging financial applications. The end-result is a huge disconnect between finance organizations and top-level operations.

    Fortunately for Host Analytics customers, the latest Summer17 release introduces dramatic improvements across the board to help

    Posted by on September 26, 2017
  • What trusted sources do Finance and IT executives rely on for vendor product evaluations? The answer is typically through their peers; and analysts that specialize in their market segment. Two recent reports released by Gartner, Inc. bring these worlds together in the Critical Capabilities for Cloud Financial Corporate Performance Management Solutions[1] (FCPM); and the Critical Capabilities for Strategic Corporate Performance Management Solutions[2] (SCPM).

    This year, Host Analytics was recognized in both the FCPM and SCPM Critical Capabilities reports, right on the heels of also being named

    Posted by on September 22, 2017