You may not be in the banking business, but we think that a recent survey conducted by Deloitte Consulting shows results relevant to many other types of industries and organizations. 57% of the survey respondents said that the quality of data in their organization is either “adequate” or “un-integrated,” while only 42% said their data […]
IBM recently announced updates to the latest version of Cognos Workspace, version 10.2.1. There aren’t any earth-shattering developments here, but there are new features designed to improve authoring and overall usability. Here is the new feature rundown, straight from the horse’s mouth: Filter on multiple related data items in select value filter and slider filter […]
We recently read Cameron Price’s article published at Information Management and posted some thoughts about it in our article 3 V’s of Big Data. Here we revisit those ideas in a bit more depth. Price recommends focusing on 3 key principles to move forward with your big data approach: Acquisition Acquire all data from your […]
Disclosure management is one of the most important responsibilities in an organization. Sadly, many finance organizations struggle with time-consuming, manual documents that are prone to mistakes, like: Incorrect formatting Incompatible output types Rounding mistakes Footing errors Lost audit trails These mistakes, even the seemingly small ones, can snowball into glaring errors that are difficult to […]
As you lead your organization through the continuous changes and new developments in the IT universe, it is essential to stay grounded in the fundamentals. So today, we’re going to look at some basic, high-level thoughts about the ubiquitous term “Big Data.” In his article published at Information Management, Cameron Price mentions the core concepts […]
If you are responsible for or participating in the production of your state or municipal government’s CAFR, you may have spent the past few months preparing. Most organizations responsible for the CAFR spend the months of August through November diligently producing, auditing, and editing all the information necessary for the report, which, when printed, can […]
With all the talk about big data that has swirled around lately, it’s about time that the conversation turned to assigning leaders to data quality and data governance. So does your organization need a Chief Data Officer (CDO) to lead the way? You might wonder why a Chief Data Officer could benefit your organization, especially […]
The internal audit process is one of the most critical activities in an organization. Managing risk and ensuring regulatory compliance is incredibly demanding. More and more, the process requires experienced, knowledgeable leaders to direct compliance efforts while ensuring peak efficiency. So we were interested to see CEB, a member-based advisory company that provides advisory services […]
In recent years, the depth and breadth of demands made on the office of Finance have increased exponentially, and most organizations are not equipped to manage them. Did you know: Nearly 50% of Finance’s time is spent on transactional activities Over 35% of enterprises lack a common financial reporting platform Nearly 40% of enterprises produce […]
If budgeting spreadsheets are a pain in your neck, then you should take a look at Microsoft Forecaster. Forecaster software, with its templates and familiar spreadsheet style, is so simple that even non-techy and non-finance-y employees can use it to successfully plan and collaborate on budgets. Forecaster lives up to its name by easily allowing […]
