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
“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
Imagine what they can do with the time and money they saved!
My client is a major supplier to grocery stores. Since introducing CALUMO they have:
• cut 8 days off their month-end reporting process saving around 226 working days in the year, and
• reduced the finance team by
I have used Excel since version 5.0 in 1994. Ok, so I am showing my age here but how many applications have lasted that long? I love what you can do with Excel. Building dashboards, reports, budgeting and forecasting templates are things I do all the time and… 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
Most BI tools only report historical information – which is like only getting last week’s race results when what you really want to know is tomorrow’s winner.
Many companies use making historical information accessible as the justification for ‘doing’ BI – often a good return on investment but only second prize.… Continue reading
Harrison is a Financial Controller with a bit of an information systems bent. He was curious to know about Microsoft SQL Server and its tools versus what CALUMO can do for him.… Continue reading
Write back: is a term used in relation to Business Intelligence. It relates to the ability to manually input figures directly into the Business Intelligence tool.
Unlike CALUMO, some BI tools are read only. This means users can only interact and look at data. These tools can’t be used… Continue reading
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