Data Collection True Sky is more than just a traditional corporate performance management (CPM) tool. It can also help facilitate and structure any type of data capture process you have within your organization. In many organizations, data is captured and stored either in individual spreadsheets or in emails. For instance, maybe…

Audit Trails “Those aren’t my numbers, somebody else must have changed them.” If you are somehow involved in managing or facilitating your business budgeting process, I am sure you hear those words on a regular basis. In fact, that phase is probably third most popular in the list of phrases…

Data Validation   Years ago, while hosting Saturday Night Live, Steve Martin used that phrase during his opening monologue. It was all about how using the words “I forgot” can get you out of any bad situation. For instance, he said you can easily become a millionaire by not paying…

In our first post in the Detail Budgeting series, we noted that a common issue among budgeters was an inability, in traditional budgeting systems, to enter enough explanatory detail.  True Sky Budgeting and Planning provides a number of solutions to this issue, including how Line Item Detail can be used…

In our first post in the Detail Budgeting series, we noted that a common issue among budgeters was an inability, in traditional budgeting systems, to enter enough explanatory detail.  True Sky, Planning, Budgeting and Forecasting, provides a number of solutions to this issue. This post will examine the Standard Data…

There are many challenges that face Budget or Forecast system implementers, but one of the biggest challenges is acceptance by the end-user (those that actually enter the budgeting numbers).  The budgeting process itself is often viewed as an onerous part of the role of managers or administrators. No matter what…

In our first post in the Detail Budgeting series, we noted that a common issue among budgeters was an inability, in traditional budgeting systems, to enter enough explanatory detail.  True Sky, Planning, Budgeting and Forecasting, provides a number of solutions to this issue, including how Line Item Detail can be used…