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Blogs posted by Renee Lee Wah

Achieving Operational Alignment Budgeting Software Business Budget Planning Corporate Budgeting Software Corporate Performance Management System Financial Systems True Sky

Has Your Organization Outgrown Excel?

There is no getting around it – Microsoft Excel can be a great tool for budgeting and forecasting, but it has its limitations. Often, that can look like less security, lengthy formatting time, inaccurate data, difficulty merging spreadsheets, etc.​ Here are some signs you may have outgrown Excel:​ You rely on…

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Accounting Budgeting for IT Budgeting Process Business Budget Planning CFO Challenges Corporate Budget Planning Data Communications Master Data Management Optimizing Business Performance True Sky

Communication is Important Especially In a Budget

Good communication is paramount to collaborating on workbooks. If you want something done a certain way, you need to give your users careful instructions.​ Essentially, think about the spreadsheet from the perspective of your least technical user, and create it for them.​ Some best practices:​  Put instructions on the page. Even…

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Budgeting Process Business Budgeting Corporate Budget Planning Corporate Performance Management Optimizing Business Performance Strategic Budgeting True Sky

Simplify your Budgeting Process with Design

When you are designing a template or entry form, you want it to be easy to use. And that starts with the initial impression. In general: Do not show 1,000 columns or 1,000 rows in a spreadsheet. Hide fields and use filters to simplify the workbook. In the right templates,…

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Budgeting Budgeting and Forecasting Budgeting Process Business Analytics Business Budgeting Data Analysis Data Cleanup Data Visualization Forecasting and Planning True Sky

Here’s Why You Need a Budgeting Software Solution

Tell us if this sounds familiar: you set a goal of finalizing your budget within eight weeks. But seven of those eight weeks are spent collecting data and inputting numbers into a spreadsheet, tracking changes from other staff, merging documents, catching small errors, and generally giving you one large, administrative headache.​ By…

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Budgeting and Forecasting Business Budgets Optimizing Business Performance

What You Need to Get Your Budget Started

First and foremost, you must understand your requirements and resources –which includes your current IT infrastructure, available budget, and human resources. Evaluate the strengths and weaknesses of your existing processes. Consider: What workflow problems do you encounter? What pain points do you wish could be addressed? What elements in your…

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