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QueBIT Blog: How better planning can help Wholesale Distribution companies fix their Supply Chains

Posted by: Ann-Grete Tan Oct 17, 2022 8:33:43 AM
If you work in the wholesale trade/distribution industry, life is probably very interesting right now. Even at the best of times, wholesale distributors face immense complexity, juggling large... Read More

Ann-Grete Tan

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QueBIT Blog: Making the case for Inclusiveness as a Business Accelerator

Posted by Ann-Grete Tan

There are myriad business reasons to cultivate an inclusive culture, and here are a few examples:

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QueBIT Blog: Wholesale Trade needs to streamline FP&A[1] now more than ever

Posted by Ann-Grete Tan

Few are more affected by supply chain disruptions than the distributors who make up the Wholesale Trade industry. As intermediaries between manufacturers and final customers, distributors add value in myriad ways including repackaging, inventory management, and logistics which means their businesses are especially impacted by factors like uncertain delivery times, struggling suppliers, and inflation.

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Topics: FP&A

QueBIT Blog: QueBIT Insurance Solution listed on the Workday Marketplace

Posted by Ann-Grete Tan

Every company plans. Historically, corporate financial planning has been a predictable, sometimes painful, process that brought managers together to make decisions about future company direction and priorities, while also providing a benchmark against which to measure performance.

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Topics: Adaptive, insurance, workday

QueBIT Blog: ESG Reporting - The Data Basics

Posted by Ann-Grete Tan

As investors focus on environmental, social and governance (ESG) issues, they are increasingly asking companies to provide information about their performance in these areas. ESG reporting is becoming an expectation of investors and will soon be an SEC regulatory requirement. Many companies have started tracking their ESG performance, but it can be a challenge to do so effectively. In this blog post, we will discuss the data aspect of ESG reporting, along with a solution!

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QueBIT Blog: QueBIT looks ahead to 2022

Posted by Ann-Grete Tan

In the two decades since QueBIT was founded, we have often been puzzled by the slow pace of change in enterprise planning and performance management. As recently as 2019 we attended a CFO symposium, only to be surprised at how the case study presentations around revenue and expense planning, headcount and capital planning, and variance and profitability analysis were little different from spreadsheet-centric presentations we had seen ten years before, and how few finance organizations had embraced technology to support data extraction, data governance and modeling their businesses.

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QueBIT Blog: Is your ERP vendor limiting your xP&A vision?

Posted by Ann-Grete Tan

Oracle and SAP have long dominated the market for Enterprise Resource Planning (ERP) software, the software companies use to run their businesses. Simply put, ERP software can manage all day-to-day business activities including accounting, procurement, invoicing, supply chain operations, workforce management and more. These days, having an ERP system to keep track of all these everyday business transactions represents a “bare minimum” technology investment for any company.

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QueBIT Blog: 5 Ways to Ace your next Annual Budget process!

Posted by Ann-Grete Tan

The busiest time of the year is right around the corner for many FP&A (Financial Planning & Analysis) professionals. Even though some organizations have moved towards continuous planning - typically rolling 12 – 18-month forecasts refreshed quarterly or even monthly – there is still a benefit to stopping and taking stock once a year.

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QueBIT Blog: Are your planning systems ready for the CapEx Boom?

Posted by Ann-Grete Tan

Buoyed by the reopening of markets, many industries have witnessed an increase in their capital spending. Morgan Stanley, a leading banking firm, has predicted that investments will soar to a high of 121% of the pre-pandemic levels by the end of next year. According to Morgan Stanley, we're entering a red-hot CapEx (Capital Expenditures) cycle with firms pumping money into machines, factories, and new software.

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QueBIT Blog: xP&A Data Hub Primer for the CIO

Posted by Ann-Grete Tan

xP&A – eXtended Planning & Analysis - a term coined in 2019 by Gartner, represents an evolution of traditional Financial Planning and Analysis (FP&A) towards integrated, continuous enterprise planning breaking down barriers between finance and operational functions including HR (Human Resources), Supply Chain and Sales. Companies are embracing xP&A in order to achieve strategically valuable benefits like better coordination, improved forecast accuracy, reduced cycle times and more agility. 

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