Cloud Q&A: Adam Bluemner on Cloud Adoption within Corporate Finance

Adaptive Insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting softwareOver the last decade, Adam Bluemner has focused his career on keeping up with the technology trends and business needs of corporate executives across a wide range of industries. Through his publications and through his work as Managing Editor of Find Accounting Software, Adam has helped thousands of businesses achieve success through smart software investment.

Most recently, Adam has researched the evolution and adoption of cloud-based business software, as well as which factors are leading businesses to increasingly adopt cloud solutions. We caught up with Adam last week and asked him about the benefits of cloud-based technology, specifically for corporate finance leaders. Here’s what he had to say.

Adaptive: How can finance leaders leverage cloud tools to become the drivers of key decisions within their business?

Continue reading

The Cost of Doing Nothing

Adaptive insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting softwareWhy am I blogging less than 6 hours after my second child and first son came into the world, while he and my wife sleep comfortably? Because I am no longer allowing procrastination to rob me of my limited time or money that my growing family depends on.

My title of Corporate Account Manager/Father/Husband/Home Owner/Dog Owner puts a lot of tasks on my plate. I like to think I’m a pro at juggling all them, yet wonder why I sometimes find myself repairing a snow blower when I originally started mowing my lawn.

How does a person, manager, department, or corporation avoid being pulled in hundreds of different directions and instead focus on one task?

Warnings against putting off what needs to be done can be found everywhere from Aesop’s Fable of The Ant and Grasshopper to the words of House Stark “winter is coming”.

When I told a friend I was struggling with procrastination back in 2008, he gave me a book and promised it would change my life. Shockingly, I used this new book as an excuse to put down another book, The 10-Day MBA. Completing this ponderous tome on procrastination took me over 5 years. The book’s 100 pages didn’t scare me as much as the content I was about to face. Instead I managed to read all five of the Game of Thrones Novels (twice), learning phrases such as “ponderous tome.” My tendency to use to a new project as an excuse to delay completing a current project is why the words of House McDonnell are: Finish the Task at Hand.

Turns out that once I read that book…it changed my life. From the graph below, you’d think that book was Steven Covey’s 7 Habits of Highly Effective People, but I haven’t finished that one either.

Continue reading

Adaptive Live Evolution Track, Social Experience are Newest Additions to 2014 User Conference

Click on the banner to book your spot at Adaptive Live 2014 in San Francisco!

Click on the banner to book your spot at Adaptive Live 2014 in San Francisco!

Among the many reasons there are to attend Adaptive Live 2014 (#ALive14) next month in San Francisco are two new additions to our 2014 conference:

1. Adaptive Evolution

2. Adaptive Live Social Experience

First, the new Adaptive Evolution track is designed to help seasoned Adaptive users leverage the most sophisticated features within our Cloud CPM & BI Suite. We’re holding 10 Evolution sessions over two days, which will cover everything from short-term and long-term financial planning, to expanding Adaptive beyond finance, to leveraging Adaptive as a solution to create a data-driven culture throughout your organization. Our Evolution track is just one more reason to grab your ticket to Adaptive Live Today!

Here’s a quick breakdown of the first 5.

Continue reading

One Question to Determine Whether or not Your Business is Built for Success

Adaptive Insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting softwareIn today’s business world, those with access to the most dependable, real-time data that enables them to make fast, informed decisions have the greatest competitive advantage.

And there’s one question that any business leader can ask and answer in order to determine whether or not their business is built for long-term success.

Is your business built with analytics at its core?                                                                                                 

It’s a seemingly straight-forward question. But nothing worth answering is ever that easy. Think about what it actually takes to make analytics a core part of your business, and you’ll find this question contains multi-layers.

Continue reading

5 Financial Analytics Lessons from “Game of Thrones”

Adaptive insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting softwareGuest blog post by Steve Player, Program Director, Beyond Budgeting Round Table.

If you are like me and hundreds of other fans, you are still recovering from the Game of Thrones marathon last weekend. As I watched (eagerly awaiting the start of season four), I found myself looking at how libraries and old books were depicted.  Many of the plot twists were aided by key information found in books which led to dramatically different decisions being made. That information may have laid stored in books and reports for many years, but its value was only realized when it was used.

It reminded me of a lesson I learned from Yale Professor Emeritus Edward Tufte who is the world’s foremost expert on the visual display of information. Tufte noted that “the most valuable corporate real estate is the less than two feet of screen space on each computer.” He noted that all the company’s IT systems rely on that space to display and harvest all the millions spent on information collection and processing.

Continue reading

No Longer a Zero Sum Game: The Fusion of On-Premise and Cloud

Adaptive insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting software,During last week’s webinar, Forrester VP of Research Paul Hamerman, one of the leading analysts in our industry,  explored the adoption trend of cloud-based financial management tools in the enterprise sector (FP&A, consolidation, and analytics). We discussed the future of corporate performance management in the cloud and how organizations are deploying these applications today.

It’s no secret that decisions to deploy or not deploy business applications are increasingly moving from IT into the hands of department leaders. The cloud enables them to move at their speed, and no longer have to wait for IT. During the webinar, Paul shared Forrester data that shows how the cloud is perceived as improving business agility, accelerating speed of implementation, and enabling better resource allocation.

But we’re finding that organizations are also using the cloud to expand their use of on-premise applications they already use. What’s happening is that, while many enterprise finance teams are running on-premise tools like Hyperion or Cognos, they’re picking a new tool, or new deployment strategy, that best aligns with new business needs as they arise.

Continue reading

“Moneyball” Inspiration, Oakland A’s GM Billy Beane to Headline Adaptive Live

Adaptive insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting software, Adaptive Live, Billy Beane, Money Ball, MLB Major League Baseball, Oakland Athletics, Oakland A's

Billy Beane, Oakland A’s General Manager & Inspirational Subject of “Moneyball”

 Think the use of analytics hasn’t spread across all vertical industries? Ask Billy Beane – General Manager of the Oakland Athletics, inspiration behind the Oscar nominated film “Moneyball,” and headline speaker at Adaptive Live this May!

Beane is widely considered one of the most progressive and talented executives in Major League Baseball. Since taking over as General Manager of the Oakland A’s following the 1997 MLB season, Beane molded Oakland into one of professional baseball’s most consistent winners while shattering traditional MLB beliefs that big payrolls equated to more wins.

Continue reading