IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: PAW Escape Character
Have you ever been in a situation where you have an element name with an apostrophe (or two) in IBM Planning Analytics? Examples of this might entail last names such as “O’Connor” or “O’Sullivan”? Although IBM best practices specify that the apostrophe…
July 5, 2022
Financial Close & Consolidation
Modern Accounting: How to Approach Intercompany Recharging
This is a guest blog post from our partner BlackLine, explaining best practice recommendations for managing expenses across various business centers within your company. What Is Intercompany Recharging? What exactly is a recharge in the world of accounting? It essentially involves providing…
June 30, 2022
Fluence Technologies Earns “Outstanding” Overall BPM Pulse Rating from BPM Partners
Revelwood’s partner, Fluence Technologies, earned a 4.82 overall BPM Pulse Rating from BPM Partners. Vendors that receive a customer satisfaction rating of 4.75 – 5.00 are considered “outstanding.” Fluence’s customer satisfaction ratings are above industry average and include the following aspects: Financial…
June 29, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Dynamic Subsets Based on a Cube
Did you know you can use MDX to create dynamic subsets based on cube values in IBM Planning Analytics? In our example we will only show companies with net sales greater than 30,000,000 in the selected year. An MDX statement that can…
June 28, 2022
FP&A Done Right: The Changing Role of the CFO
This is a guest blog post from our partner Workday Adaptive Planning, explaining strategy and vision for the Office of Finance. Companies are asking more of their CFOs than ever before. They’re expected to lead environmental, social, and governance (ESG) initiatives, oversee…
June 17, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: PAW Chart Multicolors
One of the visualizations in Planning Analytics is a column chart. This type of chart is a good way to compare items since all the lines are in proportion to each other. An easy way to create a column chart is to…
June 14, 2022
Financial Close & Consolidation
Modern Accounting: Using AR Automation to Boost Cash Flow
This is a guest blog post from our partner BlackLine, explaining how to gain cash flow confidence with AR automation. Table of contentsDisruptions, Borrowing & Inefficient ProcessesRaise the Bar With AR Automation Put simply, a significant reason businesses are struggling right now…
June 9, 2022
Workday Adaptive Planning Tips & Tricks
Workday Adaptive Planning Tips & Tricks: Revenue Cohort Modeling
Do you know about cohort modeling in Workday Adaptive Planning? A cohort model provides meaningful insight of data grouped into subsets based on any characteristic important to the company. The groups are called “cohorts.” Cohorts can be based on time (i.e. season,…
June 8, 2022
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: NumberToStringEx
IBM Planning Analytics has the ability to export data to flat files with the use of the ASCIIOUTPUT and TEXTOUTPUT functions. However, these two functions will only accept string variables. That means that numeric data will first need to be converted to…