Author Archives: Richard Barrett
Performance Management Advisors While it is accepted that finance people need to stay up to date with the traditional accounting skills and increasing workload that comes with changes in reporting, taxation and disclosure – not an easy task in itself, …
An interesting discussion about mobility and finance, including the agility and productivity that mobile devices bring to business, how perhaps the smaller format devices have specific strengths for alerts and approvals – and how we might view mobile devices five years out.
We know that the in-memory calculation engine SAP HANA can process huge volumes of data in nano-seconds helping accelerate many financial routines such as period closes and cost and profitability reporting. But what about using it for managing credit risk?
Mobile BI Solutions. In this fast-moving business world, managers and executives need to be able to make informed decisions on-the-fly to seize opportunities and react to deviations as they occur – in fact waiting until you get back the office might be too late.
It should come as no surprise that the next mile of Finance is upon us with changes afoot in the world of budgeting and forecasting.
Business analytics has changed dramatically from its humble beginnings in core data warehousing more than 30 years ago. It has evolved from simple decision support solutions to advancements in business intelligence (BI), enterprise performance management (EPM), and, most recently, intelligent data concepts and predictive analytic applications.
Risk in all its forms is inherent in business, – the preventable risks such as unplanned production downtime or internal fraud, strategic risk such as betting the company on an unproven technology or external risks that are largely beyond our control, but which we should always recognize and take into account in our long range planning.
Most finance teams are still working through exactly how and where to utilize mobile solutions and how best to deploy them to benefit their organization.
Bloomberg says that the CFO’s role today has evolved well beyond traditional accounting and compliance and they are now expected to play a central role in crafting strategy and creating value for investors and other key stakeholders. However they do recognize the challenges ahead?
Time and again in my work, I meet organizations that are so wedded to their legacy solution for budgeting that they are simply not ready to make the next step. They may even be stuck on a legacy software solution that has not kept pace with their current technology landscape or are still struggling with a solution built [...]