Transform data into insights, leverage innovation to create long-term business value, reduce risk and optimise productivity. With the right technology and analytics solutions, your business can quickly respond to changing market conditions with confidence and gain competitive advantage.
On-Premise vs The Cloud If you are thinking of migrating your data to the cloud or are new to the cloud, it is important to pivot your thinking in terms of how you will firstly store data and then use the data in the cloud. You should consider the following: What data should you migrate to the […]
Choosing the right cloud data platform can be very challenging and there are many key considerations you should factor in when deciding which platform is the best for your organisation. Factors such as ease of use, flexibility, integration with other business systems, scalability, cost, and features that add value to your organisation should all be […]
Once you have selected the Corporate Performance Management (CPM) software that best suits your business goals and objectives, you must follow a number of steps to ensure a smooth and effective implementation of the technology. Tridant has extensive experience implementing CPM technology for businesses across all industries and we understand the best strategies and methods […]
Most of the available clinical data is in a narrative form resulting from transcription of dictation or direct entry by doctors. This raw-text format is popular in expressing clinical contents for expert readers, but is troublesome for automated searching, summarization, statistical analysis or decision-support. Constructing structured information from unstructured text can reduce much of the […]
Non-Functional Capabilities to Consider When Selecting Your CPM Solution
To ensure the Corporate Performance Management (CPM) solution you select is the most appropriate for your organisation, there are a number of factors you should consider. These factors will ensure the solution and implementation methods you select are effective and efficient, helping you get the most out of your CPM transformation. These key considerations include: […]
Metadata scanning is a feature that facilitates governance over your organisation's Power BI content by making it possible to quickly catalogue and report on all the metadata of your organisation's Power BI assets.
7 Key Elements for a Successful Business Intelligence Strategy
What defines a successful business intelligence strategy? Business intelligence plays an important role in helping organisations improve their decision-making. The right business intelligence strategy ensures your business is able to identify data problems swiftly and accurately; without one, it’s a strenuous task to bring meaning to your data, and make any sense of what can […]
Functional capabilities to look for when purchasing Corporate Performance Management (CPM) software
Corporate Performance Management (CPM) software manages the strategies that large companies use to monitor the performance of their business activities. CPM solutions create and implement methodologies and processes, allowing businesses to monitor KPIs relative to corporate business objectives. CPM software possess a range of functional capabilities including: No Coding or Scripting Significant progress has been […]
Enterprise Data Warehouse (EDW): Solutions & Benefits
What is an Enterprise Data Warehouse (EDW)? An Enterprise Data Warehouse (EDW) is a database, that collects and stores business data, and makes an enterprise business’ full scope of data available and suitable for analytics. Housed either on-premise or in the cloud, an EDW can grow as business needs do, in alignment with the organisation’s […]
What is Power BI? (and what should you use it for?)
It’s estimated that the human race produces 2.5 quintillion bytes of data every single day—much of that through business. So it’s critical that modern organisations leverage business intelligence tools and platforms that enable them to harness this data efficiently and effectively. This article provides an introduction to our recommended business intelligence platform, Microsoft Power BI. […]
A successful Corporate Performance Management (CPM) transformation is a very rewarding process for many organisations and provides many benefits including improved business processes, improved ability to measure KPI’s, and enhanced reporting. To undergo a successful CPM transformation, organisations must work through the following five key stages: Stage 1: Justify Although your business may be one-of-a-kind, […]
As a business, having a powerful data warehouse is one thing—but if you don’t have the tools to maximise its power and precision, you’re failing to take advantage of the full benefits available. In this article, we’ll discuss what to look for in your data warehouse toolkit, which four data warehouse tools we recommend, and […]
When it comes to designing data warehouse architecture for your business, there’s no single one-size-fits-all solution—it all depends on your unique business requirements. So while the perfect data warehouse design may not exist, there are some key architecture decisions that can make it perfectly suited to create an optimal environment for your business, and help […]
11 reasons why your planning platform will complement, rather than alleviate the need for a data warehouse For the Office of Finance, the implementation of robust budgeting, forecasting, and reconciliation processes and capabilities that reduce the reliance on ungoverned spreadsheets and flexible but fallible human input, provide immense value to the overall business. Such systems […]
What is Enterprise Performance Management (EPM) Cloud Planning?
As we’ve outlined in our recent blog, What is EPM? And Which EPM Software Solution is Best?, EPM, or enterprise performance management, refers to the processes, practices, and tools that help businesses implement and achieve their financial goals. It provides business users with access to deeper data, with better ways to analyze and present this […]
Selecting the right Business Intelligence platform for your organisation
For organisations just starting out, selecting the right Analytics and Business Intelligence tools (ABI) to meet the decision-making needs across your user base can be a daunting task given the array of options and the speed at which the market is moving.
Azure Data Lake (ADL) Gen 2 Implementation Best Practices
Azure Data Lake Gen 2 is an evolution of Data Lake Storage Gen1 built on top of Blob storage with hierarchical namespace. It is a cloud based big data storage that serves as a storage account for structured, semi-structured and unstructured data.
Workday Adaptive Planning Automated Integration With Xero
Automate data flows from Xero (or any cloud system with an API) to Workday Adaptive Planning “We are a fast growing and expanding global business that needs to be able to respond and act quickly. It was tedious extracting and importing data every time we needed to refresh our actual financial information in Workday Adaptive […]
Techtronic Industries (TTI) a distributor/marketer of power tools partnered with Tridant to further expand their enterprise planning solution and & build out a Cost to Serve (CTS) model to achieve a competitive advantage. The CTS model applies a cost allocation methodology to determine the true cost of servicing TTI’s customer channels.
Rolling Forecast Best Practices: A Framework for FP&A Leaders
Effective financial forecasting, with rolling forecasts, enables improved accuracy, less budget prep time, and more profitability. In 2020, almost 30% of finance officials said they expected to convert to rolling forecasts.
A recommended approach: Multicloud strategy with Snowflake
Multi-cloud is growing in popularity as a key enterprise architecture strategy to assure business continuity with seamless access to applications, helping businesses move between different cloud environments to maximise their flexibility.
How do you capture, consolidate, and automate organisational data for real-time insights to drive business success, taking into account market conditions? Here are our 4 key ways to effectively leverage your organisation’s data to improve business performance.
A Holistic Approach: Integrating financial and non-financial data
For a comprehensive view of business performance, risks and challenges, CFOs need to integrate their organisation’s financial and non-financial data for meaningful insight and factors that can impact business operations.
Building a business case for finance transformation
Digital transformation has accelerated across industries due to the need for flexibility and a faster response to changing market conditions. In the current dynamic business environment, failing to achieve a high level of responsiveness will reduce a company’s ability to thrive.
COVID-19 has exposed the need to smarten up supply chains and logistics.
“Statistical forecasting and machine learning to gain accuracy in demand forecasting is 100% where the focus of supply chain is these days,” says Peter Symons, chief revenue officer, Tridant in Company Director magazine, Nov 2020.
3 Exemplary Practices with BlackLine: Account Reconciliation, Transaction Matching & SAP
Enhance the value of your BlackLine investment | Account Reconciliation: Impact of Approval on Auto Certification Rate | Transaction Matching: Native ERP Tool vs BlackLine | SAP Tips | Month-end Optimisation Tools
How to grow a business during tough economic times, with Alec Jeffery
CPA Australia's InTheBlack magazine interviewed Alec Jeffery, co-founder & executive director, Tridant.
Alec discusses business resilience strategies and shares how Tridant was able to diversify to not only survive the crisis, but thrive.
Predicting Superannuation Rollouts for Early Action
The topic of member rollouts is critical in the financial services market. Use your data to make a difference. With predictive analytics, your super fund can build optimal retention planning, and proactively address member attrition.
5 Best Practices for Successful Remote Implementations
Every technology implementation requires diligent project management to ensure outcomes are delivered on-time and within budget. In the current environment, cloud-based systems are proving vital to business continuity. Critically, many new technology systems will be implemented remotely.
These small, data-dense graphics are often overlooked when representing data-heavy reports. Sparkline charts are perfect for representing the data intense in a simple and succinct word-sized graphic, adding context and value to even the blandest of data grids.
Covid-19 Economic Impact – Analysis with Power BI and Snowflake
Covid-19 has impacted the performance of many business sectors. This study examines the financial performance of Healthcare, Retail, Industrials, Energy, Telecommunication, Real Estate, Metals & Mining, Technology, and Streaming Media by looking into their stock price and business volumes from May 2019-April 2020.
At Tridant, we are seeing increased queries from organisations keen to understand virtual assistant technology and witness firsthand the use cases and value that AI and chatbots deliver to organisations.
Building a Global analytics support Function for Lendlease
With a centrally hosted planning solution servicing the global finance team, any service disruptions, including application degradation or service outages, would impact their end-users worldwide, resulting in unplanned downtime and productivity losses...