by James Salmon | May 23, 2022 | News
Many companies are currently facing the challenge of modernizing their historically evolved financial infrastructure through data-driven processes and powerful software applications. The main reasons for this are new strategic targets for data usage and high...
by James Salmon | May 10, 2021 | News
What is zero-based budgeting (ZBB)? Zero-based budgeting (ZBB) is a methodology that helps align company spending with strategic goals. Its approach requires organizations to build their annual budget from zero each year to help verify that all components of the...
by James Salmon | Jan 20, 2021 | News
A common question when looking at improving an excel based budgeting, planning, forecasting and reporting is why change? The following excerpt, taken from Accountancy Web, highlights how a Scottish based children’s hospital missed 11 opportunities to spot the...
by James Salmon | Jan 4, 2021 | Uncategorised
Most organisations, at some point, will need to find ways to significantly reduce spending. We are all familiar with general exhortations to spend less, as if managers willingly commit to frivolous spending and can easily “cut a little fat.” Sure, there...
by James Salmon | Dec 11, 2020 | News
Make no mistake: Robust analytic capabilities increase insight into business performance, allowing FP&A teams to make better decisions. And better decision making, now more critical than ever, leads to finance practitioners becoming more strategic partners to the...