• In the recent webcast, How Finance Leaders Plan and Forecast with Agility, a survey highlighted that nearly 55 percent of respondents see planning and budgeting as their primary EPM priority.

    Yet, despite that goal, an astounding 57 percent of respondents were still relying on Excel as their primary budgeting approach, even though it provides low agility and accuracy. In the webcast, the panelist dug deep to unearth the best tactics for achieving optimal agility in the planning and forecasting process.

    Watch the Webinar Replay

    The Biggest Challenges in Budgeting and

    Posted by on August 24, 2016
    Topics: Planning
  • Budgeting and forecasting is an integral part of every business, and yet it is often the most inefficient.

    In a recent webinar called Best Practices and Techniques for Budgeting and Forecasting, panelists sat down to discuss the best practices enterprises should implement to improve both the accuracy and efficiency of budgeting and forecasting.

    Watch the Webinar Replay How Are Businesses Conducting their Budget Cycles? In the webinar, recent survey data was shared that showed 57 percent of respondents were still relying on Excel for their budgeting, either standalone

    Posted by on August 11, 2016
    Topics: Budgeting
  • Well, 2016 got off to a rough start with the stock market drop in January.  But the market has rebounded, and so have oil prices.  So what should you expect and plan for in Q2 - Q4? How do you adapt to changing economic conditions?

    The state of the economy has a considerable influence on the finances of businesses. Economic growth, oil prices, exchange rates and interest rates are all critical to planning and forecasting. Finance executives should keep a close watch on economic trends, and make sure your planning processes are adaptable to changing business conditions, so you can change

    Posted by on May 5, 2016
    Topics: Planning
  • Well, the first quarter of 2016 is behind us.  Is your 2016 annual budget already obsolete?  Probably - and why? Because "stuff happens" and conditions can change quickly in business. That makes it nearly impossible to accurately predict revenues and costs quarters, or even months in advance. 

    The annual budget has long been the go-to practice of businesses, but it unfortunately presents a lot of disadvantages, particularly for dynamic businesses that need to be able to alter the budget on a whim.

    Rolling forecasts can provide a more versatile addition or alternative to annual budgets,

    Posted by on April 13, 2016
    Topics: Budgeting

    Budgeting, planning and forecasting is a challenging ordeal. For large, dynamic enterprises, it can be incredibly difficult to accurately forecast and allocate budgets across departments.

    Traditional spreadsheet-based budgeting and forecasting has numerous limitations and is often prone to error. In a recent webinar sponsored by Host Analytics entitled "Best Practices in Planning and Forecasting," Rick Odom, Senior Manager and FP&A of Welch Allyn, and Ben Tang, Senior Director and FP&A at Host Analytics, weighed in on this very issue.

    Planning and Forecasting with Enterprise Performance Mana

    Posted by on March 24, 2016
    Topics: Planning
  • In order for businesses to create detailed, accurate financial forecasts, the forecasts need to be based on current and fully integrated financial and operational data.

    A recent whitepaper entitled, "Cloud-Based Modeling Helps Operations to Manage Performance and Plan its Future," delves into the need for advanced modeling capabilities and talks about the ways cloud-based EPM modeling software can facilitate greater accuracy and attention to detail.

    Governance and Organization

    The cloud enables more accurate and efficient modeling.

    While spreadsheets have always been popular for modeling,

    Posted by on March 16, 2016