Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what they are, when to use them, and how they help in establishing an approach of continuous performance management.
Business Intelligence (BI) and Enterprise Performance Management (EPM) solutions aim to support effective decision-making. We'll address common questions such as “How does it work?” and “Should organizations combine tools or use only one tool?” in this post.
Planning and budgeting processes that are solely supported by Excel are starkly contrasted by highly developed solutions for Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM). This is where potential for optimization is buried, which you can easily tap into with modern EPM solutions.
In this blog post, we'll look at data silos, how they emerge and the problems they can cause within an organization. We'll also discuss some approaches to resolving the silos, and most importantly, why it's vital to success in the long run.