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
“Streamlining month-end is the Holy Grail!” I heard a management accountant, let’s call her Emma, say at a networking lunch I attended as part of the CPA Newcastle Convention. Emma works for a $100M+ company and month-end currently takes 5 days and is really tough. Month-end has to be… Continue reading
Trying to run an organisation without forecasts and automated reporting?
The CFO at a $multi-billion manufacturing company gave me this awesome analogy:
“Picture yourself on the bridge of an ocean-going freighter. As Captain, it’s your job to guide that ship out of harbour and to sail it to New York.
Excel: IT hates it! Finance loves it!
Most large organisations use Excel for budgeting and forecasting. In our experience it is a huge and expensive problem.
Finance sends spreadsheets to people to collect their budgets and forecast. Continue reading
I recently asked Alister Cairns from UNSW if he could write a few words about how CALUMO has helped UNSW. What I received blew me away. Here it is. Continue reading
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