IBM Planning Analytics Tips & Tricks
Questions on Virtual Hierarchies in IBM Planning Analytics
Virtual hierarchies in IBM Planning Analytics are not as well understood as you might suspect. We’ve found that many Planning Analytics users don’t understand what virtual hierarchies are, how to use them, and when to use them. We’re here to answer your…
November 30, 2021
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Displaying Percentages on a Planning Analytics Workspace (PAW) Pie Chart
In a recent blog post we discussed pie charts and how you can show data points or percentages in an IBM Planning Analytics Workspace (PAW) pie chart. We also have an IBM Planning Analytics Tips & Tricks video that shows how easy it is…
November 23, 2021
Financial Close & Consolidation
Modern Accounting: Automating the Intercompany Accounting Process
This is a guest blog post from our partner BlackLine, written by Anders Liu-Lindberg and originally published on LinkedIn. Think of a finance and accounting process that only causes frustration and wasted hours without adding any value. Yes, there are quite a few of them, but…
November 18, 2021
FP&A Done Right: A Complex Approach to Allocations
An allocation is defined as “the action or process of distributing something.” In business terms, this typically entails the movement of costs. Some companies have a rather straightforward approach to allocations. Others need to incorporate a level of complexity to their allocations. A Revelwood…
November 16, 2021
FP&A Done Right: What is Zero-Based Budgeting?
This is a guest blog post from our partner Workday Adaptive Planning on zero-based budgeting, which enables companies to align spending with business goals. Many businesses are shifting into recovery mode after the economic disruption caused by COVID-19. While it’s too soon…
November 12, 2021
Workday Adaptive Planning Insights
What-if Analysis in Workday Adaptive Planning
What-if analysis – or scenario planning – is a critical part of every finance team’s job. It enables the team to model any number of factors – from normal seasonal changes in business to massive disruptions. Workday Adaptive Planning has extremely strong…
November 10, 2021
Financial Close & Consolidation
Modern Accounting: 4 Best Practices for your Month-End Close
This is a guest blog post from our partner BlackLine, explaining how to build a best practices checklist for your month-end close. A month-end close checklist is critical to ensuring a smooth and successful close process. Its purpose is to provide visibility into…
November 4, 2021
FP&A Done Right: Is Your Data Trapped in a Legacy ERP System?
This is a guest blog post from our partner Workday Adaptive Planning, highlighting the challenges Finance leaders have with legacy ERP systems. In late 2019, Mercer surveyed business leaders about their expectations for the next three years. Nearly three out of four…
October 29, 2021
The Office of Finance Should Make the Most of a “Use it or Lose it” Budget Policy
Does your company have a “use it or lose it” budget policy for this year or a situation where next year’s budget shrinks if you don’t spend all of this year’s budget? Losing budget this year is just as bad as having…