Why you Need More than Just your ERP System for Balance Sheet and Cashflow Validation

Businesses have several and rigorous month-end close activities to ensure that their outputs are accurate. These activities are meant to generate real-time business insights to support the decision-making process of their frontline and senior managers. These close activities are composed … Read More

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Budgeting and Reporting using ERP Financial Systems

Enterprise Resource Planning systems or ERP systems have been around since the 1960s. They are systems used to gather, store, and analyze data arising from several activities within the organization. One of the core modules of an ERP system is … Read More

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5 Essential Tips in CPM Software Selection

Investing in a new software is a lot harder than many think and this is especially true when you want to invest in a Corporate Performance Management (CPM) tool that is meant to help you with financial tasks such as … Read More

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Top 4 Reasons to Adopt to Workflow Automation

Every day, people throughout the organization perform tasks, route information, and make decisions as they perform business activities. Many, if not most of these fiscal activities are performed manually utilizing paper-based forms and excel spreadsheets. All these take more time … Read More

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Why Financial Software Solution complements ERP systems

The world is becoming a single market where organizations make it their daily priority to be globally competitive. Our volatile economic climate requires that companies are able to address customer demands at the earliest possible opportunity (or at least before … Read More

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How the lack of Data Scientists changed the roadmap of CPM solutions

Forbes published an article about the scarcity of data scientists in many businesses. The main challenge seems to be that there is a scarce talent pool and those that are available demand high compensation. In fact 63% of companies today … Read More

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On-premise or Saas?

On-premise budgeting software or SaaS? The Beginning Companies today agree that the best way of streamlining their finance processes is through the use of a budgeting software. Finance users do not argue that budgeting in Excel can be a gruesome … Read More

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Why ERP System Implementation fails and the Pragmatic Approach to it!

The implementation of an ERP system is certainly no walk in the park. It is complicated, expensive, and stressful. It requires months or years of rigorous planning, serious financial commitment, and sufficiency of manpower. Failure of an ERP System implementation … Read More

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