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Transforming Enterprise Planning, Close & Reporting with CPM Solutions


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Finance teams are changing, innovative new Corporate Performance Management (CPM) software solutions in the cloud have transformed enterprise budgeting, planning, close management & reporting. This slideshare identifies trends within this space and links to key analyst and industry reports that explore the evolving role of the CFO, how Host Analytics can help and why CFO's should prioritise investment in improving these critical financial processes.

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Transforming Enterprise Planning, Close & Reporting with CPM Solutions

  1. 1. Transforming Planning, Close & Reporting with CPM Solutions
  2. 2. 2 | The finance team is changing - innovative new solutions have made critical tasks faster, easier and more accurate. For enterprise budgeting, planning, close management and reporting, Corporate Performance Management (CPM) solutions in the cloud are helping CFOs and their teams deliver fast, accurate and repeatable financial processes that provide meaningful insight.
  3. 3. 3 | SUPPORT FOR SOLUTIONS IS GROWING According to the Gartner 2017 Magic Quadrant for Cloud Strategic CPM: By 2020, at least 75% of organisations will seek to improve the accuracy and actionability of financial planning and analysis using operational data from multiple business domains. By 2020, at least 25% of organisations will achieve more collaborative, continuous and consistent financial planning and performance management by closely linking key operational and financial planning processes. &
  4. 4. CPM is evolving the CFO role CPM and business intelligence solutions have become key drivers of insight, opening new channels for finance teams to enact enterprise strategy. Finance is emerging as a technology-driven strategic arm, with the CFO capable of devising and deploying business improvement initiatives. 4 |
  5. 5. 5 | “The number one priority is to focus on integrating enterprise information in support of better analytics and improved corporate decision-making” - Jim O’Connor, Principal and Finance Advisory Practice Leader at Hackett Group. Read more about how financial transformation is being driven by CPM
  6. 6. 6 | Meeting continuous disclosure obligations Improving market confidence Optimising preparation for pending corporate activity Attracting and retaining the best talent Preparing for growth Enhancing decision- making processes WHY IS PLANNING AND REPORTING INVESTMENT NECESSARY? CPM tools have evolved to streamline strategy and operations, enabling several key benefits:
  7. 7. 7 | Planning and reporting have traditionally been both time-consuming and resource-heavy. Having effective CPM solutions in place has become essential for enterprises seeking growth, cost reductions and access to the best talent available. For more details on the 6 Reasons CFO’s Should Prioritise Investment in Planning & Reporting, download Inside Info’s whitepaper.
  8. 8. 8 | Better living through simplification Today’s data-driven culture presents immense opportunities for enterprises, with many identifying and moving to more flexible driver-based planning. Planning processes become simpler and faster, while allowing a level of flexibility for when the business and operating landscape evolves.
  9. 9. 9 | Modern cloud-based CPM tools are designed to simplify financial operations: Reducing manual processes and dependence on spreadsheets. Enabling dynamic planning techniques to make more accurate predictions and move away from annual budget cycles. Introducing scenario-based planning and what-if modelling to maintain a flexible, agile plan that can be adjusted based on emerging issues. Integrating operational, financial and strategic planning processes with reporting and consolidation. Removing the complexity of managing on-premise platforms and providing five times the ability to deliver real-time updates to financial metrics. Get more advice on effective financial performance management here.
  10. 10. 10 | Giving Finance the tools to drive change CPM solutions are designed to free up time for finance teams to perform data analysis. Putting the tools directly in their hands is the most effective way of enabling improvement. Cloud-based CPM solutions are easily integrated into existing systems to provide a functional, adaptable, secure and integrated financial analytics platform.
  11. 11. 11 | “Companies with superior CPM capabilities are more likely to outperform their industry peers on company financial metrics.” from “Target Five Key Transformation Initiatives to Move Finance Forward,” The Hackett Group For greater insight on 5 Themes Dominating The CPM Market, download Inside Info’s whitepaper.
  12. 12. 12 | The perfect choice for your CPM needs Gartner has identified a shift towards cloud-based CPM solutions in the market. Host Analytics is one of only two vendors recognised as a Leader in BOTH the 2017 CPM Magic Quadrants for Cloud Financial CPM and Cloud Strategic CPM from Gartner. With the breadth and depth to cover all CPM uses at a high standard, the increased emphasis on cloud also highlights the fact that Host Analytics is truly recognised as a Leading Cloud CPM Enterprise Software Solution.
  13. 13. 13 | Don’t just take our word for it: Download the Gartner CPM Magic Quadrant reports to learn: Why cloud has become the preferred CPM deployment model. Who the key vendors are and how they compare. Why mega-vendors no longer dominate the market. Best practices in evaluating and selecting a vendor.
  14. 14. It’s not just Gartner recognising the effectiveness of Host Analytics – Nucleus Research, in its 2017 CPM Technology Value Matrix, identified Host Analytics as a CPM Leader with high usability ratings and the highest functionality rating among pure-play CPM vendors. Download the report here.
  15. 15. 15 | Inside Info are business analytics and enterprise performance management specialists. Since 2003, we’ve been helping over 100 mid-market and enterprise clients across Australia and New Zealand make better use of their data to improve planning, performance and decision making. Inside Info are the exclusive providers of Host Analytics in Australia and New Zealand for finance-led budgeting, forecasting, close management and reporting in the cloud, and are also a Qlik business analytics Elite Partner for visual self-serve dashboards and analytics. Both solutions are recognised as industry Leaders by Gartner. Get in touch: