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QueBIT Blog: A Bright Future with IBM Planning Analytics & TM1 for Microsoft Excel (PAfE)

Posted by: Michael Cowie Apr 13, 2020 9:37:00 AM
The integration of Microsoft Excel with Planning Analytics, powered by TM1 Server, remains one of the most powerful pieces in the overall planning, modeling, and other solution capabilities provided... Read More

QueBIT Blog: How to Survive Remote TM1 Perspectives

Posted by James Miller

If your scenario is such that you are an “on-premise” TM1 or IBM Planning Analytics user and have been “living” in Perspectives and Architect and, until recently, been very happy, but now find that you are struggling, having been pushed unexpectedly into a full time “working from a remote location” situation, you are not alone. The truth is, Perspectives was never designed to work over a WAN (Wide Area Network), across the internet, through a VPN or from most remote locations.

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QueBIT Blog: 5 Tips for managing a Work-from-Home team

Posted by Ann-Grete Tan

“Working from home” is all over the news right now. A quick web search yields a broad selection of articles with titles like “What you need to know to start working from home (Forbes)” and “How to work from home without losing your sanity (CNN)”. As a consultant who has mostly “worked from home” for the last 12 years, I can confirm that most of the tips are quite good, albeit repetitive.

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QueBIT Blog: Tips for Agile Planning in Uncertain Times

Posted by Ann-Grete Tan

It’s March 2020, and many companies are facing the reality that the carefully crafted financial plans and budgets they started the new year with are suddenly, and dramatically, out of date. While it’s common to re-forecast after a quarter, it’s less common to have to revisit ALL your budget assumptions wholesale, as many organizations are now scrambling to do.

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Why today’s ERP systems can’t do financial planning & analysis – and what to do about it!

Posted by Ann-Grete Tan

Enterprise Resource Planning, or ERP, software is used by businesses of all sizes to support its financial and operational business processes. Most vendors offer a menu of modules that can be combined so that data flows seamlessly from one to another, mirroring information flow through the business.

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QueBIT Blog: Digital Transformation in Finance and Performance Management

Posted by Ann-Grete Tan

Since spreadsheets were invented in the 1980s, they have been the tool of choice for anyone doing planning and analysis. Financial analysts use them for the annual budget, the long-term strategy plan, allocations, profitability modeling etc. Sales and operations planners use them for capacity planning, sales planning, scheduling and much, much more.

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Topics: Digital Transformation, Finance

QueBIT Blog: Design Thinking

Posted by James Miller

Since Design Thinking is a methodology growing in popularity and being taught at leading universities around the world, I thought it would be a worthwhile topic to explore. Just what is this design thinking and how does it compare to other mythologies, such as Agile?

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QueBIT Blog: IBM Planning Analytics/TM1 Performance Assessments

Posted by James Miller

Way back in 2014, I offered some ideas for when there was a need to conduct a performance assessment of a TM1 model with limited time or budget. This scenario often still arises, even though TM1 has evolved into IBM Planning Analytics, so I thought it might be interesting to revisit some of my original recommendations to see if they may still be helpful.

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QueBIT Blog: IBM Data and AI Forum 2019: Let’s Make AI Boring!?

Posted by Mike Cowie

IBM returned to Miami this year with a renamed and somewhat-rebranded version of the conference formerly known as IBM Analytics University. The concept of this new IBM Data and AI Forum was structured around IBM’s “AI ladder” and the rungs of that conceptual ladder: Modernize, Collect, Organize, Analyze and Infuse. It should come as no surprise that “AI” was, thus, more prevalent as a topic of discussion.

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Topics: AI, Analytics

QueBIT Blog: Five Steps to make your planning models ready for ASC 606!

Posted by Kong Intrasinghathong

The ASC 606 revenue recognition rules took effect for most public companies in December 2017. This Accounting Standards Update explains how and when your organization would recognize revenue from contracts with your customers. The guideline helps improve the comparability of revenue recognition practices, provide more useful information to financial statement users, and simplify the preparation of financial statements, for example. While many companies have gone through the trouble to restate actuals to follow the new ASC 606 standards, some are not yet ready to forecast and plan revenue on the same basis. They still need to update their budgeting and forecasting processes to align with the new standards. Here are FIVE STEPS to follow to update your planning processes and model to conform to the ASC 606 standards.

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