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OneStream Leads the Pack in BARC Planning Software Survey
If you’re in Corporate Finance, you’ve likely been thinking about planning and analysis a lot lately. And while the COVID-19 crisis is driving many of us into perpetual forecasting cycles, many Finance teams are finding out the hard way whether they have the right tools for the job. For those that don’t, the good news
Corporate Performance Management in the 2020s – Time for a Change?
The concept of corporate performance management (CPM), also known as enterprise performance management (EPM), has been around for over 20 years. The focus has historically been on achieving financial goals by linking goal setting to planning, execution and monitoring of the business in a continuous management cycle. Most organizations have typically set their goals and
Certent Transforms ESMA/ESEF Compliance with Intelligent Reporting Platform
Certent Transforms ESMA/ESEF Compliance with its Intelligent Reporting Platform Certent Disclosure Management’s new ESMA/ESEF reporting platform takes the pain out of regulatory reporting with simple, intuitive system guidance Roseville, CA, May 28, 2020 – Certent, Inc., a leading provider of software-as-a-service solutions for financial disclosure management and equity compensation, announced today the release of their
Scenario Analysis & Rolling Forecasts for Rapid-Response Finance
If the COVID-19 crisis teaches us anything, it proves that the annual operating plan (AOP) is a relic of the past. Want proof? According to the Association of Financial Professionals (AFP),[1] 85% of FP&A teams are now expecting to miss their revenue and earnings targets. Why does that matter? Well, AOPs comprise tens and sometimes
What Does the Future of Finance Analytics Look Like?
The digital transformation of finance has been underway for many years. The ability to automate manual tasks and processes using digital technologies has helped finance shift its focus from back-office processing and reporting of historic results – to forward looking forecasting and analysis of the business. Re-posted with permission from Source
Using CPM/EPM Solutions to Navigate the Covid-19 Crisis
As the biggest global pandemic in over 100 years, the Covid-19 crisis is having major impact on the global economy and organizations in almost every industry across the globe. And while the worst of the outbreak is hopefully behind us, the return to normalcy and timeline for economic recovery is anything but certain. Re-posted with
Data Integration: The Tip of the Iceberg for Supporting CPM Processes
During all my years designing and implementing integration solutions for EPM processes, one thing is clear to me: data integration is a vital part of the equation. After all, it is what brings together any CPM process such as Financial Consolidation and Planning & Budgeting. As an integration solution architect, I believe that having someone
Gaining Analytic Insights into Trends and Signals in Operational Data
The increasing pace and volatility of global markets is putting more pressure on organizations, and their management, to increase their decision-making agility. Smart line of business managers know they can’t do it alone. They need to partner with CFOs and the finance team to gain access to up to date, accurate and consistent financial and
Data-Driven Analytics: How it’s Transforming Finance and Baseball
Digital transformation is everywhere we look. Smart phones, smart cars, smart appliances, smart finance departments and smart sports teams. Within finance, digital transformation helps organizations master the execution of routine processes such as closing the books, accurately reporting financial results, managing budgets and controlling costs. And the use of cloud-based applications is helping many finance
CPM 2.0 Platforms – Enabling Risk Management Through Data Analysis
Data continuity is one of the greatest challenges in the Finance department. Many hands touch the data, enrich it, modify it, push it from one system to another until the end of the financial reporting process. The problem is that those breaks in data continuity have a cost: you lose the audit trail and also
Supporting OneStream Customers Through the Covid-19 Disruption
The first quarter of 2020 has been a challenging one for most organizations around the world. A year that started out with positive economic growth for most countries, and record highs being reached in the major stock markets was changed abruptly by the Covid-19 pandemic. It has brought segments of the global economy to a
Oracle Hyperion Financial Management 11.1.2.4.209 is available
The following Patch Set Update (PSU) has been released for Hyperion Financial Management 11.1.2.4.x and is available from the My Oracle Support | Patches & Updates section. Hyperion Financial Management PSU 11.1.2.4.209 Patch 29343616 The Readme file describes the defects fixed in this patch and the requirements and instructions for applying this patch. Caution:
Managing Successful Software Implementation Projects Remotely
The market disruption we are experiencing is a new challenge for most business models. As work from home has become the norm we are often asked if a software implementation project can kick off or continue in a remote fashion. The answer is an emphatic yes! In fact, in the normal course of our business,
Enterprise Performance Management (EPM) 11.2.1 is Available
Enterprise Performance Management (EPM) 11.2.1 is available! Important information regarding the download files: When downloading the 11.2.1 installation files from Oracle Software Delivery Cloud, the release number will show as 11.2.0.0.0; however, the downloaded zip files will be release 11.2.1.0.0. These are the correct files to use if you are going to use these files
OneStream for the Public Sector: Settling the GOTS vs COTS Debate
For finance leaders in the public sector, the discussion around government off-the-shelf (GOTS) and commercial off-the-shelf (COTS) software has been around for a long time. And like many of the great debates in government, odds are this debate isn’t going away anytime soon. Why? Well, with all the buzz on digital transformation taking place in