Kona Solution Partners

Online Guide to Financial Planning & Analysis

Precise financial planning is an integral part of every business’s success. It also takes a substantial amount of time and energy from the business’s financial department, especially if the business is dealing with a volatile market. To meet the need for accurate and consistent budgeting, forecasting and financial analysis, large companies have formed specific financial planning and analysis (FP&A) branches within their organizations to help them plan for the future.

The Top 2 Essential Corporate Performance Management Tools for Businesses During COVID-19 

As we all struggle to adjust to our new reality of social distancing and general economic uncertainty, it seems as if our expectations for the future are changing day-by-day, if not hour-by-hour. It is hard to tell what next week will be like for businesses across the world, much less what next month will look like – or six months from now.

Top Benefits of Using Cloud CPM Software

Selecting the correct implementation strategy for a particular new application you are considering can be daunting. Many organizations today are adopting a “cloud first” strategy when deploying new applications, but what makes sense for your business? When thinking about the answer, questions about approach and security will arise. Answering these questions will help set a strategy for your company.

Top Benefits of Forecasting with a CPM Software

While the budget is created one to two months before the year starts, the bulk of it is created up to fourteen months prior to the start of the month. For example, the budget is finalized in November for a company based on a calendar fiscal year, which is a year prior until the next November happens. Meanwhile, a lot can change in the various aspects of an organization regarding economy, industry, products, competitors, employees, and leadership. A forecast can more accurately influence decision-making.