IBM Cognos TM1 for Demand Planning in the Food and Beverage Industry
Demand planning can guide businesses to improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in demand, and enhance profitability for a given channel or product. Many of our clients who rely on IBM Cognos TM1 for financial…
June 1, 2017
Predictive Analytics in Insurance
While we’re primarily known for our expertise in financial performance management and IBM Cognos TM1 and now IBM Planning Analytics, we’ve been growing an elite practice for predictive and advanced analytics for a few years now. In fact, at the IBM World…
June 1, 2017
Ovum: “Majority of CFOs aren’t happy with quality of financial planning and analysis”
According to an Ovum report, a “majority of CFOs aren’t happy with the quality of financial planning and analysis and are looking for ways to make finance a more ‘inclusive’ and ‘insightful’ function.” And while the report discusses why traditional planning processes…
May 10, 2017
Gartner Magic Quadrant for Data Science Platforms
Gartner recently issued its Magic Quadrant for Data Science Platforms, formerly the Magi Quadrant for Advanced Analytics. Gartner defines a data science platform as “a cohesive software application that offers a mixture of basic building blocks essential for creating all kinds of…
April 28, 2017
Top 5 Tips for a Successful Predictive Analytics Project
Predictive analytics holds the promise of making your organization smarter, more nimble, more competitive, and ultimately, more profitable. But in between deciding predictive analytics can help your organization achieve any one (or several) of these objectives, and realizing these results, there are…
April 12, 2017
The Role of Finance Reimagined: A Manifesto
Our world is in the midst of a transformative technological revolution that is impacting every nation, industry, enterprise and human being on this planet. It is a revolution because it is radical and happening so fast. It is transformative because it is…
April 12, 2017
My Mission to Transform FP&A
After spending almost 13 years in various global, domestic and corporate FP&A roles at Hertz Rent-a-Car, I’m nearly one year into my position as a managing consultant at Revelwood. The turning of the year, if you will, into year two at Revelwood,…
April 11, 2017
How to Avoid Five Potential Pitfalls of Analytics Projects
The promises of analytics are many: business insights, competitive advantage, increased profits, and more. In some cases it may even seem like the opportunities delivered by analytics are nearly endless. So how could one possibly fail with analytics? Sadly, as Meta S.…
March 14, 2017
Revenue Recognition’s Technical Aspects Make Adoption Difficult
This is a guest blog post by RGP Director of Client Service, Stuart Fisher. It’s official. The adoption of ASC 606 – the new Revenue Recognition accounting standard, is not going to be fun. Forty percent of finance professionals surveyed by Intaact…