Lesson Learned from March Madness: I’m Not Ready To Be A CFO

March Madness, Adaptive Insights, Financial Planning, FP&A, CPM Software, Stephen Dubner, Adaptive Live, corporate performance management,  business budgetingThe sports writing opportunities on the Addicted to Adaptive blog are few and far between, but I’ve had this NCAA basketball tournament circled on my blogging calendar for quite some time. Not since Tom Peff asked finance departments to choose a World Cup team that best represented their own professional style has a sporting event lent itself so perfectly to the finance world. Breaking down the numbers, looking at the most important analytics, and using performance data to predict winners. It’s too perfect.
Unfortunately I did none of the above when picking teams. As Stephen Dubner would say, I failed to put away my moral compass and put on my objectivity hat. The result?

March turned my bracket into madness before I even finished my morning coffee on Day 1 of the tournament. And as of today I sit in last place within our office pool, regrettably behind even our official Adaptive Insights Fantasy Football Commissioner.
Yes, mine is a cautionary tale. Three major flaws busted my bracket long before N.C. State slayed Villanova in the round of 32 (some would say there were more than three), all of which made me realize I’m not quite ready to be a CFO.

Continue reading

Q&A with Adaptive Live Wizard Bar Expert Juan Maldonado

The Wizard Bar at Adaptive Live is one of many exclusive benefits for customers who attend our annual worldwide user conference. By registering for the event and then reserving a 30-minute, 1:1 session with an Adaptive Insights Wizard (technology expert), you’ll be able to ask and get answers to questions about your specific Adaptive model.

One of our Adaptive Live 2015 Wizards is Senior Staff Solution Architect Juan Maldonado, who has some valuable advice on how to prepare for a Wizard Bar session in this exclusive Q&A.

 Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reporting

 

How Modern CFOs Make the Most of their Financial Metrics

Rob Hull, Found & Chairman, Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reportingWe’ve made the case for years: There’s a huge opportunity and need for CFOs to become more strategic to their organizations.

We all agree that financial data should heavily influence future decisions within any business eyeing long-term success. But the cumbersome effort required to gather and analyze historical performance data and project future outcomes has hindered many finance leaders’ ability to spend less time managing data and more time acting as a strategic partner to the organization.

Finance needs the right FP&A tools and processes to drive a fundamental shift in responsibilities. I’m talking about a complete transition from number cruncher to strategic decision-maker – from reporting on historical performance, to driving future decisions.

Continue reading

‘Think Like A Freak’ with Stephen Dubner at Adaptive Live 2015

Microsoft Word - Document1Maintaining an eight-year residency on the New York Times bestseller list is, in and of itself, a remarkable accomplishment. Add to that writing what is hailed as “the most readable economics blog in the universe,” solving some of the world’s greatest mysteries, –  from spilling the secrets of a Japanese hot dog eating champ, to explaining why Nigerian email scammers make a point to say they’re from Nigeria – and successfully combining  two polar opposite words like “freak” and “economics” into a globally recognized term within a series of top-selling, pop-economics books, and you’re unquestionably approaching freakish, superhuman status.

Continue reading

‘Elevating the Role of Finance’ Tour: Melissa Sutcliffe from Engineers Australia Talks Adaptive Planning

Guest blog by Matthew Grove, Director of Business Development, GK Horizons

Adaptive insights, cloud cpm software, corporate performance management, business budgeting software, budgeting and forecasting, visual analytics, financial reporting software, financial consolidation

Melissa Sutcliffe, National Finance Manager at Engineers Australia, discusses the process of replacing Oracle Hyperion with the Adaptive Suite during the Sydney, Australia stop of the Adaptive Insights “Elevating the Role of Finance” Tour through Australia & New Zealand during February, 2015.

Melissa Sutcliffe, National Finance Manager for Engineers Australia (EA), a national forum for engineering professionals throughout Australia, gave a detailed review of her experience with Adaptive Insights and GK Horizons at the Sydney stop during Adaptive Insights’ recent “Elevating the Role of Finance” tour.

Sutcliffe had replaced her Excel budgeting and forecasting solution with Adaptive Insights back in late 2013, and as she explained, she felt the benefits almost immediately.

In her presentation, Melissa explained that she previously had difficulty completing a forecast due to the large manual effort required when using Excel. Using the budgeting and forecasting features within Adaptive Planning, part of the Adaptive Suite, she has created her first detailed financial forecast to help her organization better prepare and plan for the future.

VIDEO: Melissa Sutcliffe details her experience with GK Horizons and her team’s use of the Adaptive Suite.

Continue reading

5 Must-See Sessions at Adaptive Live

Anyone who has taken a look at the agenda for this April’s Adaptive Live Global User Conference knows that there will be plenty of things to see, do, and learn during this worldwide finance event. So to help you create a plan of attack and maximize your time at Adaptive Live, we’ve assembled the five must-see sessions at this year’s event.

See the slides below for a glimpse at this year’s top sessions to look forward to. And if you haven’t booked your spot yet, do so before FEBRUARY 27th to take advantage of our special promotional discount!