Efficient Budgeting Brings True Value

For most accounting and finance professionals, good stewardship of the company’s assets is a core principle of what we are tasked to do.  Good stewardship can range from designing and maintaining a strong framework of internal financial control to managing and reporting performance against budget and forecasts.  It can also mean taking the lead in designing…

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3 Steps to Building an Easy Budgeting Solution

Creating an easy budgeting solution is an integral step in achieving a strong level of engagement in your budgeting process. Most people are not accountants, and will only contribute to a budget once every quarter or year. By putting ourselves in the shoes of our users, we can create a budgeting solution that is easy for every user.   Make your budget solution easy to access  The user experience begins the moment someone sits down at…

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Using Multidimensional Mappings

In FDMEE, multidimensional mappings are most commonly used to map a Source Value from one dimension to a Target Value from another dimension. This can be very useful in reducing the amount of scripts used in an application. A source value is the value (Account, Entity, etc.) that comes from the file you are importing…

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End-User Analysis

End User Analysis is a common, yet significant, term used in the decision process.  It is essentially “the path to connected understanding” when interpreting data.  It is that human element leveraging an intelligent technology component when attempting to make fact-based decisions. The following graph depicts “the path to connected understanding” from an end-user analysis perspective.…

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Success with Single Source of Truth

Is your organization challenged critical data being hard to access? Does siloed data handcuff your ability to analyze your business?  These are two problems we often encounter with a traditional data warehouse.  As a result, many companies are modernizing their data architectures to utilize a single source of truth repository for key business reporting and…

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