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What are the Critical Numbers in Your Business?

Posted on Aug 22, 2016 by John Vaughan

What are the critical numbers for your business?  Most of us accountants will say they’re your sales figures, your gross profit, your break-even point, your working capital cash flow requirements,…

Making Incoherent Reports Make Sense

Posted on Aug 5, 2016 by John Vaughan

I challenged myself this afternoon to write in the most un-John like manner possible in an effort to write a completely incoherent post. Why? Well apart from being able to,…

Planning Analytics (TM1 Cloud) Review

Posted on Jul 19, 2016 by John Vaughan

Planning Analytics from IBM is their movement of TM1 to the cloud. Available as a SaaS solution, it combines the raw grunt of TM1 with natural language querying and visualisation from Watson Analytics into an extremely powerful, easy to use tool. Here we discuss Planning Analytics, what it is, how it works, the costs, transition from on premise TM1 and have links for both interactive demos and trials.

Do I Need a Data Warehouse?

Posted on Jul 18, 2016 by John Vaughan

Do you need a data warehouse? This question is raised often when we are talking to prospects. Not usually by them, but after probing about the environment it often becomes relevant. Here we discuss why you might need to stage your data to either improve performance of your reporting or planning solution, or to achieve outcomes that are just not possible otherwise.

Brexit + Trump + the Australian election = Volatility

Posted on Jul 7, 2016 by John Vaughan

Planning for the Volatile Times Ahead Recently we’ve had Brexit, we’ve had “The Donald” secure the US Republican nomination and we’ve had an Australian election that is hung almost a…

Driver Based Labour Budgeting – a Key Element of “What-if” Analysis!

Posted on Apr 29, 2016 by John Vaughan

As we’ve talked about now for the last couple of blogs, labour represents somewhere around 70% of the opex for most organisations. Recently we discussed labour budgeting by person and by role (with multiple…

Labour Budgeting by Role – Should You Use it?

Posted on Apr 18, 2016 by John Vaughan

As mentioned in our last post, labour costs represent somewhere around 70% of the operating costs for most organisations. So having a well thought out budget for it is vital…

Labour Planning by Individual – What’s Right for Your Budget?

Posted on Apr 4, 2016 by John Vaughan

Labour costs represent somewhere around 60 – 70% of the operating costs for most organisations. Therefore having a well built model for them is vital to great corporate planning. In…

Actuals – The Dull Part of Planning!

Posted on Mar 21, 2016 by John Vaughan

One of the first exercises we do when we start building a new corporate planning system is link the planning tools to the ERP so we can load actuals. History,…

Why Wrong is Good – The Myth of Forecast Accuracy

Posted on Mar 8, 2016 by John Vaughan

How important is your forecast accuracy? Do you reward your team for forecasting accurately? Or even penalise them for incorrect forecasts? I was talking with a client the other day…

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