what to look for

What to Look For in a Performance Management System

While performance management software that addresses the challenges outlined in this post can vary widely in their capabilities and sophistication, most systems are now designed for enterprise-wide use, and often work best as a compliment to business intelligence software systems.  Similar to business intelligence systems, the best performance management systems include features for forecasting, budgeting, […]

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Problem solving

Why Does Your Organization Need Performance Management?

In an earlier post, we clarified the modern definitions of performance management and performance management systems: But you may ask yourself, why does my organization need to be more analytics driven, and why do I need performance management to make it so? There are many reasons why organizations are increasingly driven to take action toward […]

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performance management

Defining Performance Management: What is Performance Management, Really?

Enterprise performance management.  Corporate performance management.  Business performance management. We hear these words bandied about frequently, and you can’t peruse a business technology journal without encountering multiple advertisements touting performance management tools with apparently universal applications and benefits:  “You need performance management, your organization needs performance management, and EVERYONE needs performance management,” they admonish. Driven […]

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Improve Organizational Insight

Improve Organizational Insight: Get the Whole Picture of Your CAFR Process

You know the phrase, “You can’t see the forest for the trees?” That’s the state you’re in when you are so immersed in small details that you can’t see the whole picture.  And when you can’t see the whole picture of your organization, you’re going to miss out on a lot of critical information. If […]

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reduce cycle times

Reduce Cycle Times: How to Actually Meet Your CAFR Deadline (For Real!)

When you consider what an immense undertaking it is to complete the long and complex Comprehensive Annual Financial Report (CAFR), it’s really no wonder that so many organizations struggle to meet production deadlines. In the CAFR process you face many challenges, such as juggling resources, managing risks, and keeping costs as low as possible.  While […]

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Cut Costs

Cut Costs: Reduce CAFR Audit Expenses with IBM Cognos Disclosure Management

If you already know how IBM Cognos Disclosure Management can reduce risks and save resources in your Comprehensive Annual Financial Report (CAFR) process, than you may have an idea of how it can also cut costs. Basically, IBM Cognos Disclosure Management reduces audit costs incurred by manual reporting processes. When you produce your CAFR manually, […]

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Your most valuable asset

Save Resources: Stop Wasting Your Most Valuable Assets on Your CAFR

In earlier posts, we’ve introduced you to a revolutionary solution for your CAFR process and how that solution can reduce risk for your organization. Now we’re going to explain how that solution, IBM Cognos Disclosure Management, can help you save resources by leveraging your most valuable asset: your people. Since most Comprehensive Annual Financial Reports […]

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Reduce Risk

Reduce Risk: Stop Preparing Your CAFR by Passing Around Emails

In a previous post we introduced you to the idea that IBM’s Cognos Disclosure Management can improve your CAFR process by: Reducing risk Saving resources Cutting costs Decreasing cycle times Improving organizational insight Now we’re going to explain how Cognos Disclosure Management reduces your risks. Most CAFR producers are stuck using outdated, manual systems to […]

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CAFR

The Good, The Bad, and the Revolutionary of Word, Excel, and your CAFR

When you prepare your Comprehensive Annual Financial Report (CAFR), you probably rely on two primary pieces of software: Microsoft Excel and Microsoft Word. You use Microsoft Excel to produce the numbers and spreadsheet portions of the CAFR, and you use Microsoft Word to produce the words and narrative portions.  Both serve as dynamic tools and […]

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All aboard predictive maintenance and quality

Stop Problems BEFORE They Start with New Predictive Maintenance and Quality Solution From IBM

Does your organization need to own and maintain: A fleet of vehicles? A manufacturing  facility? Production machinery? Heavy equipment machinery? How much time and money do you spend solving problems with these assets?  How would your organization change if you could anticipate your maintenance and quality needs, and stop problems before they start? With IBM’s […]

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