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IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips and Tricks: Upgrading to Planning Analytics for Excel 2.0.65 or later
As of version IBM Planning Analytics version 2.0.65, you can choose to either launch IBM Planning Analytics for Excel (PAx) as a single session (by double-clicking the .XLL file) or load it as an add-in (and have it available for all Excel…
March 21, 2023
Embracing Forward-Looking and Customer-Centric KPIs
This is a blog post from our partner Workday Adaptive Planning, highlighting a virtual panel discussion on “The Emerging CFO: Rethinking KPIs in the Digital Era.” Revenue. Profit. Sales. Cash. The metrics that have traditionally defined business success remain relevant but are…
March 17, 2023
Financial Close & Consolidation
Ventana Research on Intercompany Financial Management
Ventana Research, an authoritative and respected market research and advisory services firm, defines intercompany financial management (IFM) as a “discipline for structuring and handling transactions within a corporation and between its legal entities.” It maximizes staff efficiency and accounting accuracy. It also…
March 16, 2023
Workday Adaptive Planning Tips & Tricks
Workday Adaptive Planning Framework: ASC 606 Revenue Recognition
ASC 606 is a revenue recognition standard that affects all businesses that enter into contracts with customers to transfer goods or services. It impacts public, private and non-profit entities. It provides a framework for businesses to recognize revenue more consistently. Incorporating the…
March 15, 2023
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: Excel YEARFRAC
I often build models that define the fraction of a year for a given month. For example, January is approx. 8.5% of a calendar year (31/365) and September is approx. 11.5% of a working day’s calendar (30/260). But what happens in situations…
March 14, 2023
Revelwood Named Winner of the FY23 Solution Provider of the Year Award – Americas at the Workday Sales Kickoff
We have more exciting news! Revelwood was named a winner of the FY23 Solution Provider of the Year Award – Americas by Workday. The awards were announced during the Workday Sales Kick-off on February 28, 2023, in Las Vegas. The FY23 Solution…
March 13, 2023
Financial Close & Consolidation
Modernizing Financial Close and Consolidation with Best-of-Breed Corporate Performance Management Solutions
This is a guest post from Michael Morrison, CEO of Fluence Technologies, a partner of Revelwood. Ask an artist to show you what a tree looks like and they might create a beautiful painting that shows a maple tree’s leaves changing from…
March 9, 2023
IBM Planning Analytics Tips & Tricks
IBM Planning Analytics Tips & Tricks: On-Demand Webinars, Part 1
So many webinars, so little time! If you are like me, you probably receive invitations to webinars on a regular basis. Some of them even make it onto my calendar. Unfortunately, more often than not, I have the best intentions of attending…
March 7, 2023
Fueling Business Agility with Continuous Planning
This is a guest blog post from our partner Workday Adaptive Planning. The author, Bob Hansen, explaining how continuous planning enables business agility. Each finance leader knows the routine. Every year, as budgeting season approaches, the rest of the business turns to finance…