100% of attendees at the recent CPA Management Accounting Conference series want to improve – and you can too.
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The conferences brought together accountants from all different industries but the one thing they all had in common was the desire to improve – they all… Continue reading
“Providers will face unprecedented requirements for detailed and granular information”
To say the National Disability Insurance Scheme (NDIS) is ambitious with far-reaching implications for service providers and the people they serve is a radical understatement. Being an outstanding service provider is an achievement in itself but it will not be adequate to ensure the success of… Continue reading
“If it wasn’t for CALUMO, we could potentially owe the Department hundreds of thousands of dollars for unmatched funding. It’s amazing that as a small Not-For-Profit we have access to this type of technology and we are able to administer it ourselves.”
One of our clients has some concerns about the current cost of providing… Continue reading
“What a waste of time! 3 months full-time on this budget and the whole thing needs to change!”
That’s what a client of mine said recently. Why? The whole budget process was a mess.
Here is what they used to do.… Continue reading
Financial year-end done in a day and a half – position fully reconciled down to a unit level. Last year it took weeks and numbers were not, to put it nicely, “fully” reconciled.
That’s what one of CALUMO’s Senior Consultants said on the 26th of June! That’s right – the financial year had… Continue reading
I read a blog recently that got me thinking so I thought I would share it with you. It’s by Peter Homan, a seasoned CFO, and I think you’ll find it interesting.
Is your budget process first class?
Many organisations tolerate budget and forecast processes that are tedious, onerous and produce poor quality output. Why is… Continue reading
Club CALUMO in Sydney last week was a great success and thanks to all those who attended.
We had the pleasure of hosting John Creeley, CFO of First State Superannuation, who was kind enough to share his thoughts on his recent implementation of CALUMO.
John is a story teller and has a great story to tell… Continue reading
Most of us have experienced the strange but fundamentally human urge to linger at the scene of a disaster. It’s natural – we want to understand what has happened so that we can avoid any future such disasters taking a toll on us personally. With this fundamental urge… Continue reading
Annual Budget or Continuous Forecasting – which side are you on? I wanted to share a solid article I read in the CFO Magazine from September 2012, in case you missed it. Freed from the Budget is a re-focus on the value or otherwise of the annual budget… Continue reading
It’s that time of year again when plans and budgets are under way – and the crowd roars Yeah… wait… No?
No I don’t mean the execution of plans well laid and clearly productive. I mean the long drawn out boring, energy sapping, life-robbing process of preparing the annual corporate budget. It’s not this way for everyone but it… Continue reading