Financial analysts typically classify real estate as a fixed cost. Strictly speaking, that’s correct, but looking at it this way leads many organizations to overlook opportunities to more carefully manage their real estate and other occupancy expenses. The changes in lease accounting that are going into effect have caused some organizations to reexamine their leasing policies and how they organize their lease accounting processes. They should take an even broader approach and consider ways to...
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Topics:
Office of Finance,
Continuous Planning,
Financial Performance Management,
Operations & Supply Chain,
ERP and Continuous Accounting,
Accounting,
Lease Accounting,
ASC842,
IFRS16
Blockchains are attractive because their built-in security and trust factors make them useful for almost all business interactions involving organizations and individuals. Blockchains have two basic functions. One is as a method for handling transactions involving property such as land deeds, trademarks or other assets. The second involves exchanges of data such as identities of individuals or businesses, the location of an object at a point in time or weather conditions. All interactions...
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Topics:
Big Data,
Data Science,
Mobile,
Marketing Performance Management,
Office of Finance,
business intelligence,
Analytics,
Cloud Computing,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain
Advancing the potential of any business requires continuous improvement in the processes and technology that support it. Many companies have embraced attempts at a digital transformation, and it’s become a goal to which organizational resources and budgets have been dedicated around the globe.
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Topics:
Big Data,
Data Science,
Mobile,
Sales,
Customer Analytics,
Customer Engagement,
Customer Experience,
Human Capital Management,
Machine Learning,
Marketing,
Marketing Performance Management,
Mobile Technology,
Office of Finance,
Wearable Computing,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Customer Service,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Contact Center,
Information Optimization,
Product Information Management,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain,
Machine Learning and Cognitive Computing,
Pricing and Promotion Management,
Cybersecurity,
Billing and Recurring Revenue,
Workforce Optimization,
collaboration for business,
mobile marketing
In 2016 Unit4 acquired Prevero, a financial performance management software company. The acquisition reflects a trend toward the convergence of transactional and analytical business applications. ERP and financial management software vendors increasingly are adding analytic capabilities – especially in financial performance management (FPM) – to the core functions of transaction processing and accounting in order to broaden the scope of their offerings. The integration of transaction processing...
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Topics:
Marketing,
Office of Finance,
Continuous Planning,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Workforce Management,
Financial Performance Management,
FPM,
Work and Resource Management,
Operations & Supply Chain,
Sales Planning and Analytics
Anaplan recently held Anaplan Hub, its annual user group meeting. The company offers a cloud-based business planning platform that incorporates a modeling and calculation engine. The tool makes it relatively easy to add or expand the scope of plans that can be connected and monitored as a central source. Companies typically use Anaplan software for financial planning or budgeting, sales, workforce, marketing and IT planning. These are the types of plans in which companies often need to create...
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Topics:
Customer Analytics,
Human Capital Management,
Marketing,
Marketing Performance Management,
Office of Finance,
Recurring Revenue,
Continuous Planning,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
HRMS,
Sales Performance Management,
Workforce Management,
Financial Performance Management,
Price and Revenue Management,
Work and Resource Management,
Operations & Supply Chain,
Sales Enablement and Execution,
ERP and Continuous Accounting,
Sales Planning and Analytics
Oracle recently held its second ERP Cloud Summit with industry analysts. The all-day event wasn’t just about ERP. The company covered a range of its business applications, including financial performance management as well as its Adaptive Intelligent Applications. And it wasn’t just about the cloud. After more than a decade of steady developments, ERP systems have begun to change fundamentally, facilitated by the growing availability of new technologies including cloud computing, advanced...
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Topics:
Big Data,
Data Science,
Mobile,
Customer Experience,
Human Capital Management,
Machine Learning,
Office of Finance,
Analytics,
Data Integration,
Internet of Things,
Cognitive Computing,
HRMS,
Financial Performance Management,
Mobile Marketing Digital Commerce,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain,
Enterprise Resource Planning,
ERP and Continuous Accounting
Business process reengineering was a consulting fashion in the early 1990s that spurred many companies to purchase their first ERP systems. BPR proposes a fundamental redesign of core business processes to achieve substantial improvements in market and customer responsiveness, productivity, cycle times and quality. ERP systems support business process reengineering by guiding the step-by-step execution of the redesigned process to ensure that it is performed consistently. They also automate the...
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Topics:
Big Data,
Data Science,
Mobile,
Customer Analytics,
Customer Experience,
Machine Learning,
Office of Finance,
Wearable Computing,
Continuous Planning,
Analytics,
Business Intelligence,
Cloud Computing,
Data Integration,
Internet of Things,
Financial Performance Management,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain,
Enterprise Resource Planning,
Machine Learning and Cognitive Computing,
ERP and Continuous Accounting,
Sales Planning and Analytics
I am happy to provide my personal perspective on the potential of sales organizations, processes and technology to supercharge business activity in 2017. The sales processes of organizations – whether they involve digital commerce or direct or indirect physical selling – should be part of continuous optimization efforts to reach maximum results. To do this, the people leading and running sales processes must be able to use technology that supports their responsibilities and analyzes the crucial...
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Topics:
Big Data,
Sales,
Machine Learning,
Mobile Technology,
Office of Finance,
Analytics,
Cloud Computing,
Collaboration,
Product Information Management,
Sales Performance Management,
Digital Technology,
Digital Commerce,
Operations & Supply Chain,
Sales and Operations Planning,
Machine Learning and Cognitive Computing,
Sales Enablement and Execution,
Sales Planning and Analytics
Senior finance executives and finance organizations that want to improve their performance must recognize the value of technology as a key tool for doing high-quality work. Consider how poorly your organization would perform if it had to operate using 25-year-old software and hardware. Having the latest technology isn’t always necessary, but it’s important for executives to understand that technology shapes a finance organization’s ability to improve its overall effectiveness.
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Topics:
Big Data,
Data Science,
Mobile,
Human Capital Management,
Mobile Technology,
Office of Finance,
Continuous Planning,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Financial Performance Management,
Price and Revenue Management,
Inventory Optimization,
Operations & Supply Chain,
Enterprise Resource Planning,
Sales and Operations Planning,
Machine Learning and Cognitive Computing,
ERP and Continuous Accounting
Oracle and NetSuite have completed their merger. The combination is likely to be positive for customers because NetSuite will have access to “more,” a word repeated many times over the course of Oracle’s post-acquisition webcast. Existing NetSuite customers will benefit from increased investment as well as economies of scale that Oracle can bring to R&D and sales and marketing. Oracle has stated that there’s little overlap between its target customer base and NetSuite’s. However, there is...
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Topics:
Sales,
Customer Experience,
Human Capital Management,
Marketing,
Office of Finance,
Continuous Planning,
Customer Service,
HRMS,
Price and Revenue Management,
Work and Resource Management,
Digital Commerce,
Operations & Supply Chain,
Enterprise Resource Planning,
Sales and Operations Planning