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.
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
Here at CALUMO we run a business and like all businesses we have to manage and learn from the data our business produces. We’re lucky though, we have CALUMO – we get it for free so we’re really lucky. Actually… we don’t. Development costs money so it actually costs us more.
The old saying that… Continue reading
“Why didn’t you show me that before? I am so upset now!”
That’s what a client, Sammy, said to me a couple of weeks ago.
Sammy is an accountant who builds all her companies reports and budgeting templates in Excel with CALUMO. She was referring to creating dynamic web pages with CALUMO from Excel that people can interact… 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
Here are the key reasons:
1. Ease of use. Excel is by far the easiest reporting tool around today. Start typing and get answers. You don’t have to be an IT person to use Excel, just a business person — from Accountants to Sales. … 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
So, you think you know your month-end process, but you might be surprised by what’s really happening.
I recently delivered a monthly management reporting (BI) project at a client whose general ledger function is outsourced to a third party.… Continue reading
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