Welcome to Revelwood’s Knowledge Center
The Role of Generative AI in Forecasting
This is a blog post from our partner, Workday, highlighting findings on Generative AI from a Deloitte CFO Signals quarterly survey. In the world of finance, Generative AI has entered the chat. In a recent CFO Signals, Deloitte focused part of its…
March 22, 2024
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: PAW “Spacers”
Have you ever created an exploration in IBM Planning Analytics Workspace (PAW) that contains a lot of data and wish that you could separate the information? PAW allows you to insert blank rows and columns called “spacers” into your exploration. Here is…
March 19, 2024
Accounting and Accounts Receivable
Driving Effective Change Management in Digital Finance Transformation
In today's fast-paced business landscape, finance and accounting functions are undergoing significant digital transformation. Organizations are embracing new technologies to streamline processes and improve efficiency. In this setting, it is crucial to recognize the importance of effective change management in driving successful…
March 13, 2024
Workday Adaptive Planning Insights
Tracking KPIs for SaaS Companies
High-growth SaaS companies have to be rigorous in their planning. They need to allocate resources strategically. They need to be able to quickly run different scenarios in order to understand the impact of changes to their business. For example, you are the…
March 11, 2024
The Future of FP&A: Intelligent Forecasting
This is an excerpt from a blog post from our partner Workday. It provides insights on how Generative AI will impact FP&A activities. Digital transformation and data go hand in hand. Most executives get this: today, the vast majority view data as…
March 8, 2024
Maximizing Finance and Accounting Efficiency: The Role of Quality Data
A new whitepaper from Ventana Research (now part of ISG), sponsored by Revelwood’s partner Incorta, details why quality data is essential to digital transformation and high-performing finance and accounting teams. Quality data is the cornerstone of efficient financial operations. Just like a…
March 6, 2024
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Excel’s ROUND Function
Most standard financial reports round to some form of a large value. For example, the report may show numbers in millions or rounded to the nearest 100,000. This is done in Excel via the ROUND function. The function has two parameters: =ROUND(number,…
March 5, 2024
Accounting and Accounts Receivable
2024 Predictions for Finance & Accounting
This guest post from our partner, BlackLine, offers key predictions for finance and accounting in 2024. As we look into the future, it’s hard to ignore that the finance and accounting landscape is evolving at an unprecedented pace due to technological advancements.…
February 23, 2024
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Excel Switch Function
The SWITCH function in Excel evaluates a condition and then provides a result based on that condition. This function is similar to a SQL CASE statement and allows for up to 126 potential results. The syntax of the SWITCH function is: =SWITCH(expression,…