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His session was titled “Getting Future Ready: How to Master Business Forecasting.” I recently connected with Steve to learn more about his research and the Beyond Budgeting Roundtable. Here’s what he had to say. John: Steve, can you start by talking about the mission of the Beyond Budgeting Round Table (BBRT)? Steve: Sure, John. The BBRT is a member-based consortium of companies who have joined together to find better ways to plan and control operations.
A CFO.com webinar highlighted current developments in EPM technology, the role CFOs should play in evaluating EPM solutions, and tips and recommendations for implementing EPM solutions. CFO Playbook on Performance Management. Planful sponsored a webinar on CFO.com titled “The CFO Playbook on Performance Management: Realizing ROI with EPM Improvements.
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Robert Kugel, SVP of Research at Ventana Research , published an article about the new product and its ability to help customers simplify their planning and reporting processes. Take a Test Drive. Citing Ventana’s research about the domination of spreadsheets in corporate planning, Kugel noted, “Software vendors and IT departments have been trying – mainly in vain – to get users to switch from spreadsheets to a variety of dedicated applications.
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A growing number of organizations are moving away from the annual budgeting process and finding better ways to plan and control their resources. Get the Best Practices Guide. Recently, I had the opportunity to attend the 2015 Beyond Budgeting Round Table Conference. There, I heard case study presentations from a few organizations who have moved “beyond budgeting.
The Transaction Advisory Services Practice Leader from Grant Thornton moderated a panel. It also included senior Finance executives from private equity companies as well as portfolio companies. The panelists discussed the value that private equity companies bring to the table in terms of active management of companies, contrasting it against the hands-off approach of passive investors.
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Scenario 1 – A fast-growing company has outgrown its ERP system and needs to upgrade to a more scalable solution. The company is also looking to replace the Excel spreadsheets it’s using for financial reporting, planning, and forecasting with a packaged EPM solution. Scenario 2 – A medium to large company has multiple legacy ERPs to upgrade, replace, or consolidate.
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