There are metrics, and then there are metrics. At Room to Read, one of many impressive metrics is 16.8 million. That’s the number of children whose lives and futures have been impacted by the organization’s initiatives to change education systems in 16 countries and 37,000 low-income communities around the globe.… [READ MORE]
While Harry’s was revolutionizing the shaving industry with high-quality razors sent directly to consumers, behind the scenes the company was struggling with outdated, labor-intensive spreadsheet planning tools. Today, thanks to Adaptive Insights, Harry’s has, well, shaved weeks off its budgeting process, cutting in half the amount of time the team… [READ MORE]
If you want a sense of how crucial automation has become to a modern finance organization, take a look at the shift in what CFOs see as the most important skill for new hires. Three years ago, 78% said it was proficiency with Excel. Last year, only 5% listed Excel… [READ MORE]
When it comes to business, collaboration is vital. After all, no single department can do its job for long without the other departments pulling their own weight. Sales is no good if shipping can’t deliver; marketing falls flat if customer service keeps alienating users; everything grinds to a halt if… [READ MORE]
“In the modern era, a closed ecosystem holds no future whatsoever.” My colleague Bhaskar Himatsingka, who heads product development and direction at Adaptive Insights, a Workday company, wrote those words here nine months ago. His message: Keeping cloud platforms open is just common sense. “Today’s businesses,” he noted, “are built… [READ MORE]
SaaS Sales and Finance collaborate together in planning, forecasting and day-to-day Sales management issues. That collaboration can be smooth and extremely productive, or there can be less productive friction. Working with hundreds of SaaS and software Finance organizations to collect and benchmark key Sales-related metrics, we’ve seen some best practices… [READ MORE]
In my role, I’m lucky that I get to speak to many industry-leading organizations about their challenges in workforce planning. The most common theme in these conversations is, beyond a doubt, the need for these organizations to up their game and move beyond the headcount planning processes of the past.… [READ MORE]
If you’re like the average business, it takes your finance team 77 days to complete an annual budget, according to an Association for Financial Professionals Benchmarking Survey. So if you started your budget Jan. 2 (the day after the New Year’s Day holiday), it would be complete today—77 days later.… [READ MORE]
If a picture is worth a thousand words, what is one chart worth? For some CFOs the answer is potentially millions in revenue. It can increase their influence in the boardroom and be a fast track to the CEO position. Here’s why: Finance teams are being tasked with processing—and making… [READ MORE]
How does a highly effective finance team take control of complexity and fragmented information? They start by building common standards that help employees across the company integrate information in an efficient way to deliver a single version of the truth. Like many streamlined practices, the idea of common FP&A metrics… [READ MORE]
