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Blog > Corporate Performance Management (CPM)

Excel offers companies a powerful tool to gather, organize, and present data from many sources. And while it is the most common application used by businesses, it has limitations that can result in: Decreased efficiency Missed timelines Breakdown in analysis The Budgeting Barrier For any company, the budgeting cycle is a major annual process. And…

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For a majority of businesses, Excel is still the basic budgeting tool used. Consequently, Excel deeply influences the way the business budgeting process works. The Typical Budgeting Cycle Budget planning typically begins around 4 months before the final budget is due. For the sheer workload of preparing the budget accounts for the amount of time…

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The Charted Professional Accountants (CPA) Magazine has just released their BI, CPM and Budgeting survey for 2014. This survey looks at the leading Business Intelligence (BI) and Corporate Performance Management (CPM) solutions, including our very own True SkyTM Planning, Budgeting & Forecasting. According to the CPA, the key BI, CPM and budgeting trends for 2014 include:…

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This article was written by Grantley Smith, TGO Solution Advisor, and originally appeared in the CMA Ontario’s Monthly E-Newsletter, The Leading Indicator.  “From Budgeting to Forecasting” is part 1 of 2 in the series: The Changing Role of Finance. From Budgeting to Forecasting When I was doing actual accounting every day, I remember dreading budget…

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  From our partner, True Sky, find out the top 5 budgeting best practices that we’ve implemented with our clients. How do you budget for business? Here are 5 useful tips to consider when working on the corporate budget: 1.  Simplify your budgeting templates Remember, nobody really likes budgeting, so make it as painless and…

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