Robert Kugel's Analyst Perspectives

I’ve focused attention of integrated business planning for the past several years as our benchmark research on business planning and other related topics consistently finds companies are not getting enough of a return on the considerable amount of time and effort they spend on budgeting and planning. Moreover, the current economic climate makes substantive contingency planning more important than ever. Our research finds that there is a great deal of planning going on. Most managers and...

Intacct, which offers cloud-based accounting software for small and smaller midsize companies is starting to put more emphasis on addressing the needs of project-oriented, professional services businesses. One of the challenges that these companies face is getting their accounting systems to support their business at a functional level. To be sure, any ERP system can account for projects, in the sense that they can aggregate labor and material costs attributed in some subcategory such as "new...

It turns out that some consumer goods manufacturers and retailers are having a hard time finding space on container ships and even finding containers to ship in. This has driven up the cost of shipping these items and at times resulted in deliveries arriving too late for scheduled promotions or seasonal demand peaks. This, during a time of constrained consumer spending in North America and Europe and an extended period where the Baltic Dry Index (a measure of shipping rates for bulk commodities...

Anyone who has had to regularly produce a written business forecast that goes out more than a couple of months understand all too well Yogi Berra’s famous observation: “It’s tough to make predictions, especially about the future.” Certainly the economic events of the past two years have regularly made forecasts obsolete in a very short period of time. Using the wisdom of crowds can help the accuracy of forecasts in some cases because the impacts of individual biases are largely cancelled out....

Edgar Online (EDGR) and UBmatrix announced it will be merging, pending EDGR shareholder approval. In my opinion the merger is a good thing for the two organizations and good for their customers. The two companies are a good fit and the combination gives the consolidated entity a bit more economic heft, providing it with greater resources for continued development over the longer run. However, the subtext of the deal is: “It’s hard to make a buck in the XBRL business.”

You really, really have to be a nerd to watch Jurassic Park and see the absence of separation of duties (SoD) and inadequate process controls as a core plot device. To explain, one of the pivots in the story line of Jurassic Park is the point where the villain of the story, “Dennis Nedry” decides to steal some dinosaur embryos and sell them. The company created some safeguards in their systems to prevent this from happening but (as usual) they were mainly designed to guard against outsiders,...

The word "millennium" not only means a 1,000 year span but also denotes a period of joy and prosperity. A decade into the current millennium, I think a new millennium is dawning for midsize companies (which we define as those with between 100 and 999 employees), at least as far as information technology is concerned. Midsize companies have been 'stuck in the middle' almost from the start of the computer age in the sense that their requirements tend to be as demanding as larger companies (the...