OneStream XF from OneStream is a financial performance management (FPM) platform offering planning, budgeting and forecasting, statutory consolidations and reporting. The company was founded in 2010 and has been self-funded, which means that until recently its marketing and brand recognition efforts have been limited. I reviewed the company’s statutory consolidation capabilities earlier this year.
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Topics:
Office of Finance,
Recurring Revenue,
Continuous Planning,
Financial Performance Management,
ERP and Continuous Accounting
Longview Solutions provides tax departments with a full suite of tax software to manage direct (income) taxes. This includes tax provision and reporting, tax analysis and planning as well as operational transfer pricing and country-by-country (CbC) reporting. A dedicated tax application suite speeds the tax process, enhances control, reduces the chance of errors and ensures consistency in provision, reporting, analysis and planning.
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Topics:
Office of Finance,
Financial Performance Management
Over the last two years, investments in digital technologies such as artificial intelligence (AI) by nearly every major provider of HCM systems and tools have transformed the HR technology landscape. Many of the investments have gone into developing distinctive product capabilities, particularly capabilities that rely on machine learning technology.
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Topics:
Human Capital Management,
Learning Management,
HRMS,
Workforce Management,
Digital Technology,
Work and Resource Management,
Machine Learning and Cognitive Computing,
Payroll Optimization,
Total Compensation Management,
employee experience
Budget season is about to begin for many companies. I’ve spent a few decades doing research into – as well as thinking and writing about – the planning and budgeting processes in corporations. I’ve closely examined the role of the Financial Planning and Analysis (FP&A) group, which is usually charged with managing the corporate budget process. About seven years ago, I published a research note, “Putting the ‘A’ Back in FP&A”. In it I made the point that the time saved by using dedicated...
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Topics:
Office of Finance,
Continuous Planning,
Financial Performance Management
Workday will acquire Adaptive Insights for $1.55 billion in cash, with the transaction scheduled to close in the third quarter of this year. The combination adds Adaptive Insight’s well-developed cloud-based financial performance management software to Workday’s workforce and financial management suite. Workday says Adaptive will operate as a standalone business and continue with its current product strategy.
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Topics:
Office of Finance,
Continuous Planning,
Cloud Computing,
Collaboration,
Financial Performance Management
Employee engagement has been a dominant theme in both human capital management (HCM) and the systems to manage it in recent years; lately (though not necessarily appropriately) it is a topic often equated with the notion of the employee experience. On a related point, Gallup’s annual employee engagement survey has consistently found the majority of today’s workforce to be disengaged, defined as “not enthusiastic or passionate about their work.” Interest in the degree to which HCM technology can...
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Topics:
Big Data,
Data Science,
Human Capital Management,
Machine Learning,
Learning Management,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
HRMS,
Workforce Management,
Digital Technology,
Workforce Optimization
We now are well beyond the year depicted in 2001: A Space Odyssey, a cinematic perspective on the future of artificial intelligence in which HAL 9000, a computer, is able to simulate human behavior and control machines. Anyone reviewing the past two years of marketing around AI in the business technology industry can be forgiven for believing that we have arrived at the futuristic state Stanley Kubrick imagined. We have not.
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Topics:
Big Data,
Data Science,
Mobile,
Customer Analytics,
Customer Engagement,
Customer Experience,
Machine Learning,
Mobile Technology,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Customer Service,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Contact Center,
Information Optimization,
Digital Technology,
Machine Learning and Cognitive Computing,
Cybersecurity,
Billing and Recurring Revenue,
Workforce Optimization,
collaboration for business
Blockchains are attractive because their built-in security and trust factors make them useful for almost all business interactions involving organizations and individuals. Blockchains have two basic functions. One is as a method for handling transactions involving property such as land deeds, trademarks or other assets. The second involves exchanges of data such as identities of individuals or businesses, the location of an object at a point in time or weather conditions. All interactions...
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Topics:
Big Data,
Data Science,
Mobile,
Marketing Performance Management,
Office of Finance,
business intelligence,
Analytics,
Cloud Computing,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain
Workday recently presented a technology summit for industry analysts. The presentations focused on Workday’s ongoing product advancements as well as its approach to employing emerging technologies. These technologies include artificial intelligence (AI) and machine learning (ML), robotic process automation (RPA) and bots utilizing natural language processing. Ventana Research uses the term “robotic finance” to refer to these technologies when used in the office of finance. In our view, they...
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Topics:
Big Data,
Data Science,
Mobile,
Machine Learning,
Office of Finance,
Continuous Planning,
Cloud Computing,
Collaboration,
Financial Performance Management,
ERP and Continuous Accounting
We are have arrived at the May 25, 2018 date when the European Union’s General Data Privacy Regulations (GDPR) become enforceable, following what has been a two-year transition period. Companies were given this time to put in place reasonable measures and the systems necessary to support the legislation’s wide-ranging personal data privacy requirements, which apply to any organization with more than 250 employees that serves EU citizens. While this regulation will apply in the EU, it has...
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Topics:
Big Data,
Data Science,
Mobile,
Sales,
Customer Analytics,
Customer Engagement,
Customer Experience,
Marketing,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Contact Center,
Digital Technology,
Digital Marketing,
Digital Commerce,
Cybersecurity,
Billing and Recurring Revenue,
collaboration for business,
mobile marketing