Budgeting & Planning Software Archives

Guide to Direct vs. Indirect Cash Flow Methods

Posted on May 23, 2023 (July 24, 2023) by Sam Payment

Financial reporting plays a vital role in assessing the health and performance of a company. One essential aspect of financial reporting is cash flow analysis, which helps stakeholders understand the cash movement within an organization. When it comes to preparing cash flow statements, two commonly used methods are the direct method and the indirect method. do whatever you want to update […]

Financial Reporting: Why is it Important?

Posted on May 23, 2023 (July 24, 2023) by Sam Payment

Two people discuss a business' financial reporting.

Financial reporting serves as a fundamental pillar of modern business operations. It provides invaluable insights into a company’s financial performance, enabling business owners and managers to make well-informed decisions about their operations. We delve into the intricacies, emphasizing its significance and highlighting the many benefits it offers businesses. What Constitutes Financial Reporting? Financial reporting encompasses do whatever you want to update […]

Sales & Operations Planning Guide

Posted on May 5, 2023 (July 24, 2023) by Sam Payment

Sales & Operations Planning (S&OP) is a critical process for any business looking to optimize its sales process, reduce costs, and increase revenue growth. S&OP aligns sales, operations, and financial objectives to create a plan for the future that can improve business performance. This article explores the basics of Sales & Operations Planning, the benefits do whatever you want to update […]

What is Financial Consolidation?

Posted on May 5, 2023 (July 24, 2023) by Sam Payment

Financial consolidation is essential for businesses operating in multiple locations, having multiple subsidiaries, or using multiple accounting systems. It involves combining financial information from various sources into a single set of financial statements, providing a comprehensive view of the financial health of the entire organization. This article will explore the process in more detail, including do whatever you want to update […]

Why You Need To Upgrade Your Business Budgeting Software

Posted on January 19, 2023 (June 2, 2023) by smartsites

Running a business is rather a daunting task that requires owners to carefully plan, organize and execute business strategies and at the same time take care of their finances in the most judicial way to excel and earn high profits. In today’s business climate, there is no room for companies who are unwilling to invest do whatever you want to update […]

Is Your Budgeting Process Broken?

Posted on January 19, 2023 (June 4, 2023) by smartsites

Improve Your Planning, Budgeting and Forecasting in 2023 How many people in your organization love planning, budgeting, and forecasting? Probably none. The mere mention of the name “budget” raises eyebrows and evokes cynicism. It should. There is much to laugh about when describing the agonizing annual budget and forecasting processes: Common Corporate Planning, Budgeting, and do whatever you want to update […]

What are BI and CPM Solutions? Which Should You Choose?

Posted on February 11, 2022 (June 4, 2023) by Sam Payment

Organizations looking to manage their performance need to be able to interact with their data in meaningful ways. Business Intelligence (BI) solutions focus on information delivery, while Corporate Performance Management (CPM) platforms are more robust, with access to deeper planning and reporting tools. While BI and CPM solutions can often look very similar (as both do whatever you want to update […]

Why Agility in Business Leads to Better Results | Kepion Solution

Posted on January 28, 2022 (June 4, 2023) by Sarah Bergseth

When it comes to planning, the phrase “agility in business” has become a common discussion thread in finance and sales organizations and across all industries. 2020 brought widespread instability for businesses; no one could have predicted the impact of a global pandemic, a new virtual standard for company operations, and unknown impacts to markets across do whatever you want to update […]

xP&A Accelerator: Improve Performance in 7 Steps | Kepion Solution

Posted on December 10, 2021 (February 1, 2023) by Sarah Bergseth

xP&A refers to extended planning and analysis—the implementation of financial planning and analysis (FP&A) across an entire business. This approach unites a company’s disparate divisions through a single and centralized FP&A platform, providing a “single source of truth” for company performance. In effect, each division can develop effective business plans and strategies because of access do whatever you want to update […]