Best Practices in Data Transformation for Data Warehouses

Posted by Michele Morrill

Mar 19, 2015 11:52:10 AM

 

The foundation of a sustainable business intelligence system is a good data warehouse. The function of the data warehouse is to consolidate data from various sources and supply that data to data marts that, in turn, supply the business user with easy-to-access, quality, integrated information. Business Intelligence allows an enterprise the ability to look at past behavior patterns of the business and current action patterns to understand where the enterprise has been and to facilitate business planning. 

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Topics: Business Intelligence

Should Rolling Forecasts be Part of Your Finance Process?

Posted by Deborah Jelley

Sep 30, 2014 10:00:00 AM

rolling_forecast

What is a rolling forecast and why would you go to the trouble of changing your budgeting and forecasting model to accommodate one?

Rolling forecasts...

  • Provide management with a 12- to 24-month outlook from the current period
  • Emphasize key business metrics and are produced fairly rapidly
  • Extend beyond calendar or fiscal periods and are typically updated with blended actuals data
  • Are prepared on a regular basis at pre-determined times and are not usually tied to budgeted performance metrics
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Topics: Budgeting and Forecasting, Business Intelligence, Cloud ERP, Finance Best Practices