Two Quadrants, Twenty Vendors, a Lot of Variables. CFOs have more options for Corporate Performance Management than ever before.
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.
Exploring the differences between OLAP and ROLAP to understand the basics you need when selecting the analytics tool that best meets your business requirements and expectations.
As IFRS 4 Phase II moves closer to its “go live” date, CFOs and the Office of Finance will feel the pressure to increase efficiency and achieve a higher level of integration between finance, actuarial and risk processes. This begs the question: will you be prepared for action? Or stuck in reaction?
A management decision about human resources, new hirings, increases, bonus plans, will have an impact on the current year as well as on all subsequent financial years. Overall, companies can statistically determine where they are heading, but when you break things down, into business units in particular, the answers are less obvious.