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Category: Adaptive Insights

On January 9, 2017

3 reasons you should be looking into better budgeting software

There are many reasons CFOs are looking into better budgeting software that can help them plan, budget and forecast for their business effectively. The longer you wait to upgrade your financial software, the more you risk. Costly-errors, time lost to fixing spreadsheet mistakes and an inability to see impactful business drivers for the new year
On December 9, 2016

7 reasons why scenario planning is more important than ever

Scenario planning is becoming more important than ever. We need only look at the effect Brexit and a new President-elect have had – currencies are in a state of change not experienced in a decade; investment decisions being accelerated one day, slowed the nest, shelved the day after that. It might feel like the world
On October 19, 2016

3 steps to get rid of time-consuming forecasting

It’s no secret that most financial teams experience difficulties in their financial forecasting processes. There are many elements that are bothersome including accuracy, ease of use and timeliness. It is the latter which we will be focusing on in this article, with a 3-step plan that reduces the amount of time your finance team spends
On September 19, 2016

Top 10 ways to make your budgeting quicker

The budgeting process takes a company anywhere from 95 days to 4.5 months. That’s not including the multiple iterations or the back and forward with senior stakeholders and line managers. So we’ve taken a look at the top 10 ways you can make your budgeting process quicker. Reduce the amount of time you spend developing
On August 19, 2016

4 ways to make your forecasting more accurate

Forecasting can often seem like a waste of time. After all, there’s a lot of assumptions made and when they go wrong, they go really wrong. Unless your forecast is accurate, it won’t be helpful at all. That’s why we’re presenting the 4 key ways to make your forecasting more accurate. Start by creating two
On August 19, 2016

Why Excel is great for finance but not for planning & forecasting

Can you imagine a finance world without spreadsheets? No, neither can we. Microsoft Excel is the starting place for all things finance. But at some point, your financial planning and forecasting processes grow so complex that it’s difficult for Excel to keep up. When you’re already battling with constant change you need a system that
On August 19, 2016

How to fit in forecasting on top of your daily activities

We all know that re-forecasting frequently isn’t feasible if you’re relying on many Excel spreadsheets. Reassessing your forecast often is important to keeping on track with your key strategic goals. So how can you fit in forecasting on top of your daily activities? Collaborate your data Forecasting relies on many elements from different key budget
On July 19, 2016

5 most common pain points of Excel and how to fix them

Excel is great for smaller tasks, but when it comes to planning & managing a larger company budget Excel isn’t ideal. But as most businesses start off small, using Excel spreadsheets, there are certain pain points that most finance teams run into. We look at the 5 most common pains we know businesses have with
On June 8, 2016

3 steps to lessen the time spent checking for spreadsheet errors in your budgeting process

Despite careful planning and forecasting, we know that using spreadsheets can inevitably cause budgeting and planning problems for larger organisations. As your business continues to grow, so will the extent of your spreadsheet errors. Here we reveal the 3 steps to lessen the time spent checking for spreadsheet errors in your budgeting, planning and forecasting.
On May 15, 2016

One simple way to empower your Finance team

As a CFO called on to provide vital statistics for decision making arising from budgeting, forecasting and planning, it can often be difficult for you to empower your Finance team to give you the real support you require. The constant demands from your organisation – and the time constraints imposed – often simply don’t allow