Is your company in the process of selecting a new software for your business? Will you be involved in software implementation, but you’re concerned because you’re not very experienced in this kind of project or because you’ve experienced its fail before? Is your company seeing this as a business or an IT project? The debate […] Continue Reading
Talentia’s BP&F software supports all aspects of the planning, budgeting and forecasting process. The financial planning solution ensures that a single, accurate source of information is present and enables modelling of budget rules according to business needs.
Automated CPM & Forecasting
The solution automates the budgeting process with a built-in workflow engine that gives the finance team total visibility around this time-driven process, giving them the ability to operate rolling forecasts if required.
Why Choose Talentia CPM Software
Talentia CPM reduces the risk of errors associated with collating data from multiple sources. The system also has an open architecture that allows the user to pull critical information from third party systems into the budgeting model. This means that information from the general ledger, sales forecasting, cash flow etc. can be used to help prepare a more accurate budget. It also saves time for the end user as they do not have to double key data from different spreadsheets – all the information they need is within Talentia CPM.
OLAP represents an additional functionality in the Talentia CPM offering. OLAP not only provides access to the numbers but also lets you quickly and easily manipulate large volumes of data. It can dynamically reconcile and cross-reference many different areas of analysis, such as accounting type, analysis dimensions, entities, products and events. Powerful exploratory functions let you compare the budgets for different product lines, companies and departments, and automatically reflect changes to the data in real time.
The annual budget is an essential business practice and needs to comply with some factors to be carried out to the best. First of all, it has to be aligned and integrated with the organisation’s sales strategies and plans, as well as to be supported by a dedicated software. Secondly, it is important to communicate […] Continue Reading
A question that has plagued board rooms and senior leadership teams over the past few years. In short, the answer is “yes” there is a difference, knowing which one to choose however means understanding how they differ and what your specific needs are. Continue Reading
Financial reporting cycles are under greater pressure than ever before. New compliance standards, increased transparency expectations and heightened traceability levels have all contributed towards a sizeable shift in the way in which organisations report performance information. As a result, Corporate Performance Management (CPM) is now becoming widely embraced as it allows organisations to be more […] Continue Reading