Author Archive

CashPro Accelerate – A cash balance front-end to your forecasting spreadsheet?

October 27, 2008

Great news for financial controllers juggling cash in the current climate; another Excel-based cashflow tool has appeared on the horizon.  Currently being launched by American banking giant, Bank of America, you can expect to see CashPro Accelerate appear on the UK banking scene before very long.
What does it do and how does it differ from [...]

One Version of the Truth

August 13, 2008

Of course the guys at Rugged Logic always welcome new entrants into their space… that market zone we might call “Rugged Excel“, where vendors are increasingly aiming to provide enterprise-ready solutions that also retain the user’s ability to create and model in everyone’s favourite envirionment, Excel.
So hats off to Jedox, that I first read about [...]

Do you reforecast on a monthly basis? Most companies don’t, but would like to…

July 15, 2008

Most companies don’t reforecast on a monthly basis because the “Forecasting” tools are not connected to their “Budgetting” tools.
The human brain couldn’t possibly make sensible judgments about hundreds of lines of data.  To get a sensible picture of the options for the future the executive team has to work at a level of abstraction.
In other [...]

Interactivity modelling, with resilience

July 3, 2008

The key to making good decisions is to take into account all the information at your disposal and involve all those in your team who may have critical experience and judgement to apply to the situation in hand.  When it comes to financial decisions, using a financial plan, it’s all about interactive modelling.
Whereas enterprise solutions [...]

43% have no plans to move to Excel 2007

June 25, 2008

The ICAEW (IT Faculty) have just published a survey of companies’ intentions to move to Office 2007… and it shows (wait for it) a cool 43% of businesses have absolutely no plans whatsoever to upgrade.
From a software developers’ point of view I have to say this result is disappointing, although not a surprise… Corporates in [...]

Database vs Excel – Is there a middle ground?

June 18, 2008

There is no doubt that there are “two camps”, IBM, SAP and Oracle on the one hand, and Rugged Logic and Sage on the other. However, I am really not sure whether there is a “middle ground”.
In reality the difference between a corporate database solution such as Adaptive Planning and an Excel based software solution [...]

Make better decisions by forecasting interactively

June 17, 2008

Today’s financial models can instantly calculate the financial impact, on the P&L, balance sheet and cashflow, of a new management assumption. Combine this with the level of integrety and confidence that comes with models built by the Rugged Logic server and they represent an incredibly powerful tool for interactive decision making. So why is it [...]