As a software partner we work with our customers, software provider and business partners to build a service which delivers real benefit dealing with all the usual market variables along the way. So we're more than proud of this months milestones, which we've achieved thanks to a great team, the right attitude as well as capability.
There are specific challenges which charities and not for profit (NFP's) face when it comes to planning and reporting.
We've worked with enough charity organisations to know that planning by project, the ability to trace multiple funding sources as well as the burden of regulatory and compliance reporting, means charities are struggling with old school tools like Excel, which saps their already limited resources.
We share a new way forward for organisations which need a different way to plan, budget and report.
According to a survey commissioned by Blackline more than 1,100 C-level executives and finance professionals:
71% of C-level executives completely trust the accuracy of their financial data. However, only 38% of finance professionals — the people preparing the statements and reports — share that opinion.
There's is clearly a mismatch between the level of accuracy C suite perceives in the reports they read against that of finance. So we ask does this mean Finance have become expectant of error. Or are there other issues at play?
There are some common CFO 'Types' defined by McKinsey, which have been in use for a while now. The reality is that the role has changed fundamentally, driven by business priorities and speed of change. So we've taken a fresh look at discovering what type of CFO you are, not just in terms of your priorities but how you make decisions, priority setting, innovation adoption and management style.
what are cloud business planning solutions?
You may know that your forecasting solution is falling short but what are the options when it comes to improving your planning processes? Here is a brief guide to what financial planning solutions can do and which pain points they can solve.
Formulate have acquired Sereviso Adaptive practice to become the largest Adaptive Insights partner in Europe. With over 10 dedicated multilingual Adaptive consultants, able to reach all major European cities, we can better serve our 80+ customers and prospects. Formulate now have the right people, infrastructure and experience to drive growth right across Europe and beyond.
Tags: Company news
The CFO entering a new role is faced with a host of challenges, it can be a roller coaster of learning. So it can be tough to work out what to tackle first and how to work out what makes it into your plan for year one.
We help you to work out what make the biggest impact on how well you perform in your new role, and where to focus your efforts to get the biggest returns, in this 90 day plan.
Plan to growth
Why wait to plan better? Learn from the experts and invest in business planning tools which will support and grow with the business. Read the story of Karen Bach, who built a planning solution for KRM22 a fast growth company with big ambitions.
Reporting has always been a bug bear for finance. In a company, different departments, divisions, and stakeholders all need a feed of information and in different formats. Reporting has often run from an ERP with restrictive processes flexibility.
As data and communication is the glue which ensures everyone in an organisation as well as external parties need to measure performance, results, aims and understand the direction and plan of the business. It is important that you have confidence in your reporting tools.
The sands have shifted in the social housing market with government money being pumped into creating homes. In recent months there have been a number of mergers, so what does this mean for the industry, and how do you forecast post merger? We look at the stories of 3 companies for ideas.