Board offers a platform that enables financial planning and analysis (FP&A) groups to forecast, plan, budget, analyze and report, using a consistent set of data from across the business to speed these processes, improve forecast and planning accuracy, and accelerate analysis and reporting. Board was categorized as an Exemplary Vendor in our Ventana Research Business Planning Value Index, with leading in Manageability and Reliability.
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Topics:
Office of Finance,
Continuous Planning,
Business Planning,
Operations & Supply Chain,
Enterprise Resource Planning,
digital finance
The emphasis on environmental, social and governance (ESG) issues has been growing for some time. I participated in the development of the Sustainability Accounting Standards Board (SASB) as a software industry expert more than a decade ago. The rise of ESG’s profile in corporate reporting is the latest evolution of “responsible investing,” a topic that goes back centuries in the west. The modern era of responsible investing took form in the United States beginning in the 1960s and then...
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Topics:
Governance,
Office of Finance,
Business Planning,
ERP and Continuous Accounting,
digital finance,
ESG,
Environmental,
Inclusion
SuiteWorld, the annual user conference from Oracle NetSuite, focused on three topics: artificial intelligence, a reimagination of the role NetSuite can play in managing an organization and emphasizing the value to existing customers of using more of what NetSuite has to offer.
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Topics:
Office of Finance,
Business Planning,
ERP and Continuous Accounting,
digital finance,
Consolidate/Close/Report
Because artificial intelligence is top-of-mind, Workday spent a great deal of time on the topic at its recent Workday Rising annual user group meeting in San Francisco. It was front and center in the general sessions, in the announcements made at the event and in the product roadmaps.
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Topics:
Office of Finance,
Business Planning,
ERP and Continuous Accounting,
digital finance,
Purchasing/Sourcing/Payments,
AI and Machine Learning
I am happy to share insights gleaned from our latest Buyers Guide, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research 2023 Business Planning Buyers Guide is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect the real-world criteria incorporated in a request for proposal to Office of Finance vendors supporting the...
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Topics:
Office of Finance,
Business Planning
The 2023 Ventana Research Buyers Guide for Business Planning research enables me to provide observations about how the market has advanced.
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Topics:
Office of Finance,
Business Planning
If I had a magic wand, I would want to add scenario evaluation to all business intelligence tools on the market. I have previously written about the need to make intelligent decisions with decision intelligence. The data and analytics markets have evolved so that organizations have far greater capabilities to utilize data in decision-making processes. While there is some convergence around the concept of decision intelligence, there are still several “islands” of decision-making. Analyzing...
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Topics:
Analytics,
Business Intelligence,
Business Planning,
Digital Technology,
Analytics & Data
A century ago, the big breakthrough in telephones was the ability to dial your party’s number directly. Dialing became necessary when enough people had telephones to require a shift from people-assisted to fully automated connections. But direct dialing was only a local option – you still needed an operator to make long-distance calls. In the 1920s, commenting on their forecast for the expected growth of long-distance calling, the analysts at Bell Laboratories concluded that by midcentury, the...
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Topics:
Office of Finance,
Analytics,
Business Planning,
AI and Machine Learning
As we celebrate the first half of what seems to be the year of generative artificial intelligence, with an apparently unlimited discussion of use cases and bogeymen, my attention is turning to the very mundane question of costs. Specifically, how costs incurred – through investment and operation – will be distributed along the value chain and how this will affect the demand for AI ‒ by whom and for what purpose. It’s a question that needs asking even though, at this stage in the market’s...
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Topics:
Office of Finance,
Continuous Planning,
Business Planning,
Enterprise Resource Planning,
natural language processing,
digital finance,
Consolidate/Close/Report,
Continuous Supply Chain & ERP,
AI and Machine Learning
I recently attended Sage Software’s Partner Summit. Implementation partners account for most of the sales and implementation of finance and accounting applications designed for small and midsize businesses, so they are important to the success of the software vendor. These events are designed to inform partners of product enhancements and the product and technology roadmap as well as provide a perspective on market conditions and trends.
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Topics:
Office of Finance,
Business Planning,
ERP and Continuous Accounting,
digital finance,
Purchasing/Sourcing/Payments,
Consolidate/Close/Report,
AI and Machine Learning