Salesforce.com’s recent Dreamforce user conference got me wondering about how far the market for cloud-based software has come. To answer that question, I looked to our own research. For the past several years Ventana Research has routinely asked participants in its benchmark research what preference, if any, they have for deploying software they use to support the activity we are benchmarking. The choices we offer are on-premises, software as a service (SaaS – that is, in the cloud), hosted on...
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Topics:
SaaS,
Sales,
Salesforce.com,
Operational Performance Management (OPM),
Cloud Computing,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Software
I cover the meat-and-potatoes aspects of corporate computing. I also pay attention to the special needs of midsize companies (by our definition, those with between 100 and 999 employees), which are unlike those of either small business or large corporations. After attending this year’s Dreamforce conference, Salesforce.com’s annual user meeting held this week in San Francisco, I can appreciate how difficult it is for executives and people who work in back office functions to cut through the...
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Topics:
Sales,
Salesforce.com,
Social Media,
ERP,
Office of Finance,
CRM customer service,
SMB,
Cloud Computing,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Dreamforce,
finance,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Security,
FPM
Midsize businesses “pay” for their use of entry-level accounting systems by not having the essential information they need readily available and by using up valuable time that could be better spent generating business, finding issues or responding to opportunities sooner or simply enhancing the efficiency of the organization. Nevertheless, the transition from an entry-level accounting package such as QuickBooks to an on-premises system can be daunting for companies whose entry-level software no...
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Topics:
Customer Experience,
ERP,
Office of Finance,
end-to-end,
finance cloud,
Cloud Computing,
Business Performance Management (BPM),
Business Process Management,
CFO,
finance,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
accounting software,
business process execution,
financial systems,
FPM
CODA’s Financials has a specific target market, from companies in the upper half of the midsize range to the lower end of the large range (that is, companies with 500 to 2,500 employees) in services (not manufacturing) businesses. CODA, the company, started in the 1990s and differentiated itself by designing ERP and accounting software to run on a multidimensional database rather than the more common relational databases of the day. This has proven to be an elegant approach, because businesses...
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Topics:
ERP,
Office of Finance,
Operational Performance Management (OPM),
CODA,
Analytics,
Business Analytics,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
FinancialForce,
Sales Performance Management (SPM),
financials
I recently spoke with Oversight Systems, an operational intelligence analytics company that uses predictive analytics and optimization to help companies save money, reduce the risk of loss and fraud, and reinforce corporate governance and compliance efforts. Ventana Research views operational intelligence as an emerging technology with the potential for a high return on investment. By continuously monitoring activities in a company’s IT systems, Oversight’s Web-based software continuously,...
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Topics:
Big Data,
Predictive Analytics,
Fraud,
Governance,
GRC,
Office of Finance,
Operational Performance Management (OPM),
audit,
Analytics,
Business Analytics,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Operational Intelligence,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Management (IM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
controls,
Oversight Systems
SAP is planning to acquire e-commerce company Ariba in a transaction worth about US$4.3 billion expected to close in the third quarter of this year. Ariba provides cloud-based collaborative business commerce through a Web-based trading community that enables companies to find, connect and collaborate with a global network of partners. Its Commerce Cloud is a platform that businesses can use to buy and sell goods. Currently, Ariba counts more than 700,000 companies worldwide attached to this...
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Topics:
Big Data,
SAP,
ERP,
EDI,
end-to-end,
Analytics,
Cloud Computing,
Uncategorized,
CRM,
SCM
Infor described this year’s Inforum user group meeting as a coming-out party for a large startup company. Such a debut was necessary because Infor had been operating in something of a stealth mode for the past three years: a limited marketing presence, no unified message and a weak, sometimes inconsistent brand identity. It also needed to formally introduce Infor to customers of Lawson, the ERP supplier it acquired last year. The “startup” designation is meant to signal that Infor has been able...
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Topics:
Performance Management,
Salesforce.com,
SAP,
Social Media,
Sustainability,
ERP,
Human Capital Management,
Marketing,
Operational Performance Management (OPM),
Epiphany,
expense management,
Lawson,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
IBM,
Operational Intelligence,
Oracle,
CRM,
Customer Performance Management (CPM),
finance,
Financial Performance Management (FPM),
Infor,
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain,
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Financial Performance Management
I’ve been advocating more intelligent use of spreadsheets for the better part of a decade. Ventana Research coined the term “enterprise spreadsheet” in 2004 to describe software applications that marry a Microsoft Excel user interface with a business rules server and a relational or multidimensional data store. This approach offers the best of both worlds in the sense of taking advantage of widespread familiarity and training with Excel while substantially reducing issues stemming from the...
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Topics:
Planning,
Social Media,
Sustainability,
Operational Performance Management (OPM),
Reporting,
Budgeting,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Business Performance Management (BPM),
Customer Performance Management (CPM),
Data,
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Financial Performance Management,
Microsoft Excel,
Spreadsheets
Host Analytics has added new analytics and reporting resources to its cloud-based performance management suite. Business Analytics will offer a broad set of built-in analytics and reporting capabilities or, for companies with an existing business intelligence infrastructure (from vendors such as IBM, Infor, Oracle or SAP), the option of a self-service approach. I believe these new analytics and reporting capabilities give companies considering only on-premises performance management deployments...
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Topics:
Planning,
Operational Performance Management (OPM),
Reporting,
Budgeting,
closing,
Consolidation,
Host Analytics,
XBRL,
Analytics,
Business Analytics,
Business Collaboration,
Business Mobility,
Cloud Computing,
Business Performance Management (BPM),
Data,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Workforce Performance Management (WPM),
benchmark,
Decision Hub,
Financial Performance Management,
SEC
Ventana Research recently completed an update to our last benchmark research on the financial closing process. It shows that many companies are taking longer to close today than they did five years ago. Whereas nearly half (47%) were able to close their quarter or half-year period within six business days five years ago, just 38 percent are able to do so in our latest benchmark. Similarly, five years ago 70 percent of companies were able to complete their monthly close in six days; today only...
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Topics:
Office of Finance,
close,
Consolidation,
Controller,
XBRL,
Business Analytics,
Business Mobility,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Data,
Document Management,
Financial Performance Management (FPM),
Financial Performance Management