From my perspective, Infor’s strategy to accelerate revenue growth is to offer companies more innovation and a lower and more predictable cost of ownership than its rivals in the business software market; its products include the major categories of ERP, human resources and financial performance management. It aims to innovate by focusing on improving the user experience and to lower costs by redesigning its software architecture. The innovation stems from a fresh approach to designing...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Customer Experience,
ERP,
HCM,
Human Capital,
Office of Finance,
Operational Performance Management (OPM),
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
Sage Software,
UI,
Unit4,
Analytics,
Business Analytics,
Business Collaboration,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
FinancialForce,
HR,
Infor,
Information Management (IM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workday,
Workforce Performance Management (WPM),
Financial Performance Management,
FPM,
Plex
Our research consistently finds that data issues are a root cause of many problems encountered by modern corporations. One of the main causes of bad data is a lack of data stewardship – too often, nobody is responsible for taking care of data. Fixing inaccurate data is tedious, but creating IT environments that build quality into data is far from glamorous, so these sorts of projects are rarely demanded and funded. The magnitude of the problem grows with the company: Big companies have more...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Governance,
Office of Finance,
Operational Performance Management (OPM),
Budgeting,
close,
Finance Analytics,
Tax,
Analytics,
Business Analytics,
Business Intelligence,
CIO,
Governance, Risk & Compliance (GRC),
In-memory,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Information Applications (IA),
Risk,
Workforce Performance Management (WPM),
CEO,
Financial Performance Management,
FPM
The proliferation of chief “something” officer (CxO) titles over the past decades recognizes that there’s value in having a single individual focused on a specific critical problem. A CxO position can be strategic or it can be the ultimate middle management role, with far more responsibilities than authority. Many of those handed such a title find that it’s the latter. This may be because the organization that created the title is unwilling to invest the necessary powers and portfolio of...
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Topics:
GRC,
Office of Finance,
Operational Performance Management (OPM),
Chief Risk Officer,
CRO,
ERM,
OpenPages,
Business Analytics,
Business Collaboration,
Cloud Computing,
Data Governance,
IBM,
Business Performance Management (BPM),
compliance,
Data,
Financial Performance Management (FPM),
Risk,
Financial Services,
FPM
Business computing has undergone a quiet revolution over the past two decades. As a result of having added, one-by-one, applications that automate all sorts of business processes, organizations now collect data from a wider and deeper array of sources than ever before. Advances in the tools for analyzing and reporting the data from such systems have made it possible to assess financial performance, process quality, operational status, risk and even governance and compliance in every aspect of a...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Governance,
Office of Finance,
Budgeting,
close,
Finance Analytics,
Tax,
Analytics,
Business Analytics,
Business Intelligence,
CIO,
Governance, Risk & Compliance (GRC),
In-memory,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Information Management (IM),
Risk,
CEO,
Financial Performance Management,
FPM
Anaplan, a provider of cloud-based business planning software for sales, operations, and finance and administration departments, recently implemented its new Winter ’14 Release for customers. This release builds on my colleagues analysis on their innovation in business modeling and planning in 2013. Anaplan’s primary objective is to give companies a workable alternative to spreadsheets for business planning. It is a field in which opportunity exists. Our benchmark research on this topic finds...
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Topics:
Big Data,
Performance Management,
Planning,
Predictive Analytics,
Marketing,
Office of Finance,
Operational Performance Management (OPM),
Operations,
Reporting,
Budgeting,
Controller,
Business Analytics,
Cloud Computing,
In-memory,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Sales Planning,
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning
There’s a growing realization that the multitenant approach to the cloud isn’t the only option that companies should weigh in deciding between deploying software on-premises and in the cloud. That some people describe the multitenancy approach as “the real cloud” reflects the contentious nature of some technical debates, especially those that occur early in the evolution of a new technology. Multitenancy does have advantages that confer cost savings, and these have been important in the first...
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Topics:
Microsoft,
Mobile,
SaaS,
Sales,
Salesforce.com,
ERP,
HCM,
Human Capital,
Office of Finance,
Planview,
Concur,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
PSA,
Sage Software,
Unit4,
Analytics,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
FinancialForce,
HR,
Infor,
Tagetik,
Workday,
Workforce Performance Management (WPM),
Plex
Reconciling accounts at the end of a period is one of those mundane finance department tasks that are ripe for automation. Reconciliation is the process of comparing account data (at the balance or item level) that exists either in two accounting systems or in an accounting system and somewhere else (such as in a spreadsheet or on paper). The purpose of the reconciling process is to identify things that don’t match (as they must in double-entry bookkeeping systems) and then assess the nature...
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Topics:
Office of Finance,
automation,
close,
closing,
Consolidation,
Controller,
effectiveness,
Reconciliation,
XBRL,
Governance, Risk & Compliance (GRC),
Business Performance Management (BPM),
CFO,
Data,
Document Management,
Financial Performance Management (FPM),
Financial Performance Management,
FPM
Information technologists are fond of predictions in which the next big thing quickly and entirely renders the existing thing so completely obsolete that only troglodytes would cling to such outmoded technology. While this vision of IT progress may satisfy the egos of technologists, it rarely reflects reality. Mainframes didn’t disappear, for example. Although they long ago lost their dominant position, many remain key parts of corporate computing infrastructures. The IT landscape is a hybrid...
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Topics:
Microsoft,
SaaS,
Sales,
Salesforce.com,
ERP,
HCM,
Human Capital,
Office of Finance,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
PSA,
Sage Software,
Unit4,
Analytics,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
FinancialForce,
HR,
Infor,
Workday,
Plex,
Professional Services Automation
Convergence is the Microsoft Dynamics business software user group’s meeting. Dynamics’ core applications are mainly in the accounting and ERP category, descendants of products Microsoft acquired: Great Plains (now GP), Solomon (SL), Navision (NAV) and Damgaard’s Axapta (AX), to which Microsoft has added its own CRM application. It has been more than a decade since the acquisitions of Great Plains (which itself had already purchased Solomon Software), and Navision, Damgaard and the software...
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Topics:
Microsoft,
SaaS,
Sales,
Salesforce.com,
ERP,
HCM,
Human Capital,
Office of Finance,
Operational Performance Management (OPM),
Consulting,
distribution,
Dynamics AX,
Dynamics GP,
Dynamics NAV Dynamics SL,
PSA,
Sage Software,
Unit4,
Analytics,
Cloud Computing,
Business Performance Management (BPM),
CFO,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
FinancialForce,
HR,
Infor,
Sales Performance Management (SPM),
Workday,
Plex,
Professional Services Automation
When it comes to making a business case for software investments, many people fail to recognize that the case itself is just one part of what amounts to an internal sales and marketing effort that they must perform well to be successful. Focusing only on the numbers and assumptions in a spreadsheet is not enough. Making a successful business case requires an understanding of the audience’s perspective and motivations. Since the individuals who will review the business case may not be...
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Topics:
Planning,
ERP,
Office of Finance,
Operational Performance Management (OPM),
Research,
budgeting and planning,
ROI,
Analytics,
Business Performance Management (BPM),
CFO,
CRM,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
business plan,
capital spending,
Financial Performance Management,
FPM,
SCM,
Software