Formulate are joining the #CFOdebate at Generation CFO's lively events as proud Technology Sponsor. These premium events feature a lively debate with four leading CFOs, chaired by Christopher Argent, founder of Generation CFO who’s transformation projects include John Lewis, Amazon and Vodafone. The panel will reveal simple changes organisations need to make and where the focus needs to be, to move fast and to remain relevant.
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.
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.
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.
When you thank your finance team for all their hard work this year, actions can speak louder than words. Late nights and long hours means less time at home can mean more stress. Long hours are not new for finance teams, but does it have to be that way and can their time be spent more productively, with the right tools.
balance sheet, P&L, Cash flow forecasts
A set of accounts has three inter dependant controls change one and it impacts another, take an entry on the profit & loss, this will change the balance sheet and with a small delay, the cash flow will move too. You can’t move one without impacting at least one of the others. So it makes sense to me, that when you forecast you can see the impact on all three when change happens.
Here is our full proof 5 star delivery approach to getting the financial planning solution you dream of in 2019. Cut your budgeting cycles by 50% and create forecasts in hours rather than weeks! Read our 5 point delivery plan and as one of our clients put it 'get your life back'.
The latest Magic Quadrant for Cloud Financial Planning and Analysis Solutions from Gartner is out, and Adaptive Insights shows it is a winner across the board.
Tags: Adaptive Insights
We've all been there; hard pushed for time, a critical business event demands a re-forecast. Meanwhile the egg-timer on screen tells you the mammoth spreadsheet you're trying to open, is going to take another 12 minutes! So here a few things you COULD be doing with your time, instead of sitting waiting for your monster spreadsheet to open, if you moved to cloud planning.
- creating a new scenario
- Updating assumptions
- writing a new report
- reviewing the results
As a Netsuite user you know it delivers in many ways - but planning isn't one of them. So if you are looking to speed up your forecasting processes on Netsuite here are 5 sweet spots you want to hit.