Blog

October 28, 2020

Spreadsheet Hell:

The Consolidation, Close and Reporting Conundrum -

Part 2

Consolidation today is no longer the aggregation of financials of two or more companies in the group. For many organizations, consolidation of financial statements has assumed complexities of immense proportions. Let’s talk about the remaining challenge areas from the previous blog that revolve around...

Managing Director, APAC

Darshana Sanghavi

October 9, 2020

Extensible Dimensionality – The Secret Sauce For A Unified CPM Approach

Typically, organizations have a planning solution and a consolidation solution. There are two separate applications for each of these business use cases. The major drawback of such a fragmented approach is that the corporate...

Managing Director, APAC

Darshana Sanghavi

August 7, 2020

Hail, the Power of the Trident!

Previously, we took a closer look on how risk assessment and risk management can be of focus through the balance sheet integrity approach. To successfully achieve this, the different finance teams must be able to share relevant data with...

Managing Director, APAC

Darshana Sanghavi

October 23, 2020

Spreadsheet Hell:

The Consolidation, Close and Reporting Conundrum -

Part 1

The financial consolidation, close and reporting process is one that most organizations continue to struggle with. Is it because the process is complex? Not necessarily. In a typical business, it usually involves the straightforward closure of books for the accounting cycle, collection of financial data, and generating...

Managing Director, APAC

Darshana Sanghavi

September 25, 2020

Data Quality --> Confidence

CFOs have moved on from reporting about the past to predicting and paving the way into the future.

The C-suite often knows what is happening in the organization but at times struggles to understand why.

For this, they must be armed with accurate and consistent data.

Principal Consultant

Niki Dedhia

July 10, 2020

Finance Leaders Can Manage Risks Through a Balance Sheet Focus

The challenges that many businesses are facing currently are varied, with the majority seeing an impact on the revenue streams. Strong leadership from the CFO is the need of the hour.

Managing Director, APAC

Darshana Sanghavi

October 22, 2020

The Need for a Common Language in Performance Management

After many years in the corporate world, in various roles as a Group Controller, Software Implementations, and advisory, I must say that very little has changed since I started my career. What was done with Lotus Symphony and Grand Computers were as equally good as with modern tools today. To create successful performance management...

Managing Director, Sweden

Max Persson

August 14, 2020

Truly Single Platform

To achieve the close coupling of information between the GL, Consolidation, and the Planning, Budgeting and Forecast teams, it’s important to have all of them work on the same platform.

There are quite a few EPM / CPM vendors or products that claim to...

Managing Director, APAC

Darshana Sanghavi