Documents » bankrates budgeting 101.
Abstract: An optimal workforce creates a shopping experience that is profitable for retailers and satisfying for customers. However, for many retailers, achieving optimal workforce supply across large and distributed operations is hampered by cumbersome and inaccurate labor
budgeting and planning efforts. Learn about planning and
budgeting techniques, and workforce management solutions that can help your workforce stay agile.
PubDate: 1/27/2010 10:26:00 AM
Abstract: Although CPM (aka EPM) starts with strong financial management, it will eventually extend beyond financial planning to almost all areas of corporate activity. Therefore, organizations choosing BI suites should consider both their financial management tools and future integration with key business-area solutions (for example, PLM, CRM, and SCM).
Abstract: Enterprise performance management (EPM) is an emerging portfolio of applications and methodologies with business intelligence (BI) architectures and technologies at its core.
Abstract: How can a budget administrator, burdened with the task of gathering data from hundreds of spreadsheets from all over the organization, manage this monumental undertaking? Additionally, how to avoid using a costly packaged budget application that doesn’t take the organization’s business rules into consideration? The solution: a spreadsheet automation tool that easily adapts to the organization’s unique corporate processes.
Abstract: New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically account for change shifts focus away from budget accuracy—putting you at risk of falling short of shareholder expectations. To achieve best-in-class status, you must plan, budget, and forecast more efficiently for improved agility, accuracy, and corporate performance.
Abstract: Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work, it is human intelligence in the financial decision making that does the rest.
Abstract: Companies relying on an Excel or Excel-like system need to know that, while Excel might suffice for ad hoc analysis and data storage for individuals or small groups, the technological flaw of data and referential integrity prevents it from a corporate-wide, collaborative effort like planning and budgeting, not to mention product development and sourcing.
Abstract: Today’s manufacturers face increasing global competition and complex manufacturing networks. Supply chain management provides manufacturers with the needed visibility into their supply chain, as well as software solutions, to help give them a competitive edge.
Abstract: CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.
Abstract: Many organizations have tried to address their maintenance scheduling woes by introducing new and sometimes very advanced technologies. The reality is that trying to automate something that's broken will cause even more frustration and finger-pointing.
Abstract: Outsourcing is a very diverse market, and there are many different outsourcing options and outsourcing service providers to choose from. This part discusses recommendations for companies looking to outsource, and recommendations for outsourcing providers.
Abstract: Outsourcing is a very diverse market, and there are many different outsourcing options and outsourcing service providers to choose from. This part examines the four broad outsourcing categories: application software, information technology infrastructure, business process outsourcing (BPO), and manufacturing.
Abstract: Outsourcing is a very diverse topic, and there are many different outsourcing options and outsourcing service providers to choose from. Companies are telling TEC that they need a clearer picture of outsourcing, its potential benefits, and common pitfalls. They want examples of different types of outsourcing and advice on whether outsourcing is right for them. This primer addresses these questions.
Abstract: Telephony is a key element of convergence—and the primary reason for the hype surrounding it. But why is telephony so important to convergence? Voice or telephony traffic is very sensitive to latency on the network. The fact that converged networks must provide timely and reliable delivery of voice traffic makes it a key component to a successful converged solution implementation. Learn more about how it all works.
Abstract: Interactive Data Corporation is a provider of securities pricing, financial information, and analytic tools to institutional and individual investors. The company supplies time-sensitive pricing, dividend, corporate action, and descriptive information. However, as a result of global growth, Interactive Data faced the challenge of finding a forecasting and budgeting solution that would generate more comprehensive and less manually intensive performance reports.
Abstract: Wholesale distributor United Pipe & Supply had a problem. Its use of standard Excel spreadsheets for reporting and budgeting was time-consuming, expensive, and dysfunctional. The company was losing control over content and reliability, simply unable to produce something as simple as profit/loss statements for multi-branch business units. Its ability to grow was hampered. United Pipe & Supply needed to change.
Abstract: A diverse company with multiple business units, US Sugar was looking for relief in the financial reporting and budgeting areas. Defining the related metrics and ensuring they were consistent enterprise-wide was thus a critical need. US Sugar required a comprehensive planning and performance management solution that would enable financial reporting, monthly forecasting, cost allocations, consolidations, actuals analysis, and strategic planning.
Abstract: Ask any three people in an organization why they budget and you’ll get three different answers. But no one says they budget in order to direct the way in which their organization will achieve its strategic goals—the intended purpose of the budget. For budgeting to become the relevant process it was meant to be, this gap must be fixed.
Abstract: Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how.