In an increasingly tough retail environment, only those who report and plan effectively will survive. So what should retailers be considering in order to prepare themselves for 2019 and beyond? In a nutshell, taking a more unified approach to making business decisions. In this blog, we explore just how they can go about achieving this.
Managing large-scale manufacturing and distribution activities is challenging and complex, and who else would know this better than Santa, the master of global operations. Let us take a look behind the scenes to find out just how Santa manages to do it through the use of a unified Decision-Making Platform.
The Construction sector is no stranger to competition; bidding on potential projects part and parcel of daily activity. But if competing firms’ core competencies are the same (i.e. the same staff skill levels, the same access to sub-contractors, the same experience), how can Construction firms ensure they’re able to stand out from the crowd, win more work and deliver the most cost-effective projects? Andrew Rae explores why the Decision-Making Platform is coming into its own for Construction companies.
The concept of Zero-Based Budgeting (ZBB) isn’t new, but many firms have yet to adopt it effectively. In this blog we take a look at the benefits of a ZBB approach and provide some top tips for a successful implementation.
With the IFRS financial reporting deadline looming, we explore why companies should take a strategic approach rather than applying a quick fix.
If finance teams work manually round the clock to meet financial reporting deadlines, how will management teams ever see the need for a new approach? FSN's 2018 Innovation in Financial Reporting survey explores this idea and considers how companies can start the process of finance transformation.
Over the last few months, the IT Central Station team gathered user reviews for BOARD with one goal: to find out what they really had to say about their experience with this leading business performance management solution.
Summarizing our best practice FP&A blog series, we look at how to conduct Financial Planning and Analysis effectively based on what leading organizations are doing.
In this blog, we explore how a driver-based planning approach can create synergy between Finance and Operations departments. We also examine a real-life example of how one of the world’s leading brands - Coca-Cola - has undergone a Supply Chain Finance transformation initiative, supported by a driver-based planning approach.