Financial Close & Consolidation
Modern Accounting: Adjusting Journal Entries
This is a guest post from David Brightman at our partner BlackLine, explaining why it’s necessary to adjust journal entries. What Are Adjusting Journal Entries? Adjusting journal entries are used to adjust a company’s financial statements and bring them into compliance with…
December 8, 2022
FP&A Done Right: ESG – An Imperative for Growth
As part of our series on ESG reporting, we are featuring guest blog posts from our partners. This post from Workday Adaptive Planning highlights thoughts from finance leaders on ESG and more. How can companies “walk the talk” to create value for…
November 18, 2022
Financial Close & Consolidation
Modern Accounting: Highlights from Beyond the Black 2022
Beyond the Black 2022, the premier event for Finance and Accounting leaders and innovators, took place last week in Las Vegas. The conference featured many sessions on hot topics for Finance and Accounting. These included Winning the War for Talent, 2023 Predictions…
November 17, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Filtering in IBM Planning Analytics Editor
Did you know there are different approaches to filtering elements when defining a subset in the IBM Planning Analytics editor? Lee Lazarow, Revelwood’s FP&A technology director and IBM Planning Analytics practice leader, demonstrates some ways to filter elements in our latest IBM…
November 8, 2022
Financial Close & Consolidation
Modern Accounting: Does Your Accounting Team Have SMART Goals?
This is a guest post from our partner BlackLine, explaining SMART goals and how they can help accounting managers. One of the most widely used—and effective—approaches to goal setting is called SMART, which stands for Specific, Measurable, Attainable, Relevant, and Time-Bound. This…
November 3, 2022
BARC Score Report Ranks IBM & Workday as Leaders in Integrated Planning & Analytics
The 2022 BARC Score named IBM and Workday as leaders in Integrated Planning & Analytics. BARC (Business Analytics Research Center) is one of Europe’s leading analyst firms for business software, focusing on the areas of data, business intelligence (BI) and analytics, corporate…
October 28, 2022
Workday Adaptive Planning Tips & Tricks: Utilizing Split Row and Allocation Timespan
Did you know Workday Adaptive Planning makes it easy to split individuals between multiple departments within a personnel sheet? In our latest Workday Adaptive Planning Tips & Tricks video, Dave Miersch, Revelwood’s Practice Leader for Workday Adaptive Planning, demonstrates how to: Ensure…
October 26, 2022
Three Reasons You Need IBM Planning Analytics / TM1 Training
Whether you are new to IBM Planning Analytics / TM1 or you consider yourself an all-star, you could still benefit from training. Over our 27+ years of designing, implementing and maintaining IBM Planning Analytics / TM1 applications and environments, we’ve found there…
October 21, 2022
The Cost of Spreadsheet Errors
Using disconnected spreadsheets for forecasting, budgeting, planning and reporting creates a host of issues, including: Wasting weeks every year manually consolidating a mass of individual spreadsheetsInability to easily model potential future scenarios or answer what-if questionsMeasuring actual spend against plan is a…