When the only certainty is uncertainty, the best way you can prepare is being certain that your financial processes and business operations will help you prepare and support you in your decision making before any maddening changes come to fruition.
Two Quadrants, Twenty Vendors, a Lot of Variables. CFOs have more options for Corporate Performance Management than ever before.
Enterprise and corporate performance management (EPM/CPM) methods imbedded with business analytics are a hot topic. Will they stay hot? Or are they a business improvement fad, like the quality control circles in the 1980s?
Research shows budgeting and planning still painful for most companies. Even large enterprises still use spreadsheets for budgeting, with no documented governance or control processes
“A proper planning prevents from failure”, Santa says. “If I not perfectly plan my tasks, I could never deliver the toys in time”. That’s why his motto is “An ounce of prevention is worth a pound of cure.”
When Astaldi implemented CPM software in 2002, the company was taking a huge leap of faith. Read the lessons learned and advantages gained by this early adopter.