In today’s fast-paced world, your ability to forecast both short and long-term outcomes with a high degree of accuracy is what gives your organisation the competitive edge. For this reason, your Financial Planning and Analysis (FP&A) team take on the huge responsibility of sorting through millions of data points across large datasets within your organisation […]
Data is one of the most powerful resources in modern business. It surrounds an organisation every single day. Every time a transaction is made, every time a customer waits or fails to purchase, every time a pallet is restocked, a service is rendered and an advert is clicked – it’s all data. Metrics and stats […]
We often hear from organisations that have hit a ‘data wall’ when they are using Power BI for their financial planning, budgeting, and forecasting process. Power BI is an intelligent solution, however, it was created as a visualisation and reporting tool. Unfortunately, its ability to “tell a story” using integrated data sources can only take […]
The introduction of the AASB 16 Leases Accounting Standard in FY2020 has had a huge impact on the financial reporting processes of thousands of organisations like yours around the country, and indeed, the world with IFRS16. This new AASB (Australian Accounting Standards Board) reporting standard requires your company to reclassify operating leases from the profit […]
Let’s set the scene. It’s the start of another budget season. As the CFO, you and your team are working long hours to complete the budget process and set goals for the new financial year. Sounds familiar? Sounds exhausting for most finance teams. Yet it’s the same story every year. As part of a large […]
So, your organisation has finally decided to invest in an enterprise performance management system. Your initial excitement has now subsided and instead, you feel overwhelmed by the thought of narrowing down your vendor selection. When selecting an enterprise performance management system, there are some things you need to look out for. We have created this […]
