FP&A Done Right: To Recover from Economic Shock, Are CFOs Envisioning Enough Scenarios?
This is a guest blog post from our partner Adaptive Insights, written by Bob Hansen. Hansen explains the why scenario modeling is imperative when facing disruption. Three out of four finance executives recently acknowledged that the planning processes their companies have in…
October 16, 2020
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks Video: The Aggregate Function
Watch our latest IBM Planning Analytics Tips & Tricks video to learn about the aggregate function. Lee Lazarow, Revelwood’s FP&A Technology director, demonstrates this new function that allows you to summarize values that cannot be added up or averaged. You’ll see Lee…
October 13, 2020
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Sort Elements within a Subset
Did you know that there are two different ways to sort elements within a subset in IBM Planning Analytics? Below is an example of a subset which shows a standard time dimension: One approach sorts all elements either ascending or descending, regardless…
October 6, 2020
IBM Planning Analytics Scores 13 Top Rankings and 21 Leading Positions in BARC’s The Planning Survey 20
IBM Planning Analytics, which is built on the well-known and proven TM1 engine, received numerous high marks in this year’s annual Planning Survey from BARC. The survey provides a “detailed quantitative analysis of why customers buy planning tools, what they use them…
October 5, 2020
FP&A Done Right: Three Driver-based Budgeting Tips for CFOs when Change is Imminent
This is a guest blog post from our partner Workday Adaptive Planning, written by Gary Cokins. The blog discusses how uncertainty adds to the arduous and often painful process of budgeting. Consider these tasks and the problems related to them: budgeting amid…
October 2, 2020
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Editing Chores While Active
Did you know that IBM Planning Analytics Workspace (PAW) allows you to edit chores while they are active? Perspectives required you to de-activate a chore, make your modifications, and then re-activate it. However, the two “bookend” steps of this approach have been…
September 29, 2020
Office of Finance Benchmark Data
Do you know how your Office of Finance compares to others? A recent report from Ventana Research looks at change in the Office of Finance and provides benchmarks against which senior finance executives can compare their departments against their peers. Ventana has…
September 28, 2020
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Creating Groups in PAW
Did you know that you can create new groups and delete groups directly in IBM Planning Analytics Workspace (PAW)? This is done within the dimension editor via the same screen that you use to edit dimensions and attributes. Step 1: Select the…
September 22, 2020
FP&A Done Right: Planning for What’s Next in Uncertain Times
This is a guest blog post from our partner Workday Adaptive Planning, written by Michael Magaro. The blog post was originally published on FEI Daily. The COVID-19 pandemic changed our world, almost overnight, and businesses are having to adjust. The unprecedented nature…