The making of a successful consulting project
One of the most challenging things we may need to do is understand and admit the limitations of what we know. First, we must accept that it is not...
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Forecasting – A valuable monitoring tool
Creating forecasts to predict future results is a most challenging task, fraught with pitfalls. Detractors claim it’s a fool’s errand. Advocates understand that it first and foremost must be...
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The 80/20 rule – A corporate reality check
Every so often, we all need to take a step back to look at the how their businesses are performing. Are our operating processes performing as planned? Are there...
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Long-Forgotten Need in a Most Vital Area: Accounts Receivables & Collections
One of the most important and least upgraded areas of business today lies in accounts receivables and collections. Every ERP system includes a basic accounts receivable module, usually one...
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Forecasting Perfected: How IBM Planning Analytics brings clarity and vision to your data
Financial budgeting and forecasting are critical planning and management disciplines that provide invaluable aid to business managers in the decision-making process. Most companies have business plans in varying forms...
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The Art of forecasting & budgeting
Budgeting and financial forecasting are financial planning techniques that help business managers in the decision-making process. Traditional definitions suggest there is a difference between the two. One definition is...
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