Why your manual month-end process might be causing turnover in your team
A cautionary tale of my time in financial control and how I saw the impact of manual month end processes impact organisations ability to retain talent.
This demo provides an insight into the features of Fluence's Financial Consolidation Solution and how they can help you improve the efficiency of your reporting.
Are you spending too long on your consolidations and would like to free up capacity within your team? A financial consolidation software is perfect for you!
What I wish I had known about the “Month-End Grind” when I worked in financial control. If you’re an accountant and each month you find yourself asking the question ‘There must be a better way to do month-end’, then that makes two of us. Or at least it used to make two of us, because now I know.
In this session, key stakeholders from EROAD discuss the challenges they had on a day-to-day basis along with the increasing requirements for them to provide better visibility into their processes.
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, the first being application functional capabilities. However, there are also a number of non-functional capabilities that you should give consideration. These non-functional capabilities will ensure the solution and implementation […]
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
When deciding the right Corporate Performance Management (CPM) solution for your organisation, there are a number of functional capabilities that you will need to consider as part of your purchase. Different CPM solutions offer a variety of functional features that provide a range of benefits to the user and make the implementation a worthy investment. […]
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 […]
Finance eGuide: Accelerate your monthly close with BlackLine
Accelerate your monthly close with BlackLine | Close accurately, faster. Automated controls and processes drive efficiency, accuracy and real-time visibility into status, strengthening your control environment across the finance close process.
Today’s CFO knows to expect uncertainty—from the pandemic to supply chain challenges to shifting consumer preferences. Check out this infographic for key insights from more than 200 finance leaders.
The Cloud Data & Analytics trends highlighted below are already helping enterprises that we work with to modernise, automate, and predict customer or competitive behaviours.
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.
When any kind of data has to be analyzed, the Power BI developer often satisfies the requirements by taking various scenarios into consideration and building meaningful reports and Dashboards
Top 6 Financial Planning and Analysis Software Solutions for 2022
There are so many financial planning and analysis software solutions out there these days that it can be hard to know what to look for. So to make it easier for you, we’ve created a quick guide to the best FP&A software solutions for 2022 that will help your business thrive. Anaplan Anaplan is a […]
The Deployment pipeline helps in managing PowerBI releases at a fast pace. This recent update enables the general availability of Deployment pipeline APIs.
The Shift to Modern Accounting: Moving From Manual Processes to Automation
Bob Boyne, Solution Lead at Tridant held a panel discussion with BlackLine customers IFM Investors and Spirit of Tasmania to discuss their implementation of BlackLine
The past year has highlighted the importance of timely, decision-ready data for enterprises to accelerate growth, transform ways of working, and future-proof operations.
Accelerate the Monthly Finance Cycle | Create reports that add value with actionable insights, enabling stakeholders to extract meaningful insights easily and make critical business decisions quicky, with confidence.
Accelerate the Monthly Finance Cycle | Create reports that add value with actionable insights, enabling stakeholders to extract meaningful insights easily and make critical business decisions quicky, with confidence.
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.
Transitioning to a global planning and analysis platform that seamlessly integrates with the existing platform to develop a fit for purpose operating model for a global entity.
Financial Planning and Analysis Consulting Services, Everything You Should Know
Outsourced FP&A strategy consulting services ensure your business can access the objectivity and expertise it needs and deliver better insight and decision making.
How to Choose the Best Financial Planning and Analysis Tools
With financial planning and analysis tools, what’s best for one business may not suit another. Here’s how to choose the best FP&A tools for your organisation.
How much operational inefficiency can your business afford? Presented by Willem Boshoff, Director, Performance Management, Tridant, at the Blackline Modern Accounting Summit in May 2021.
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.
Demystifying Snowflake Usage with Data Analytics Tools
When initiating your Snowflake cloud data warehouse journey, how do you predict usage and costs, avoid overruns, and uncover opportunities to improve performance?
Building a rolling forecast with Workday Adaptive Planning
Finance teams need to respond in real time to drive business resilience. Rolling forecasts offer a way to course-correct quickly, with enough insight and confidence to make critical decisions.
Finance eGuide: 7 key elements of effective reporting
Accelerate the Monthly Finance Cycle | Create reports that add value with actionable insights, enabling stakeholders to extract meaningful insights easily and make critical business decisions quicky, with confidence.
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.
Finance eGuide: 6 critical steps to a rolling forecast
Accelerate the monthly finance cycle | Plan more frequently. The value of the annual budget process is in question. A dynamic planning approach enables your organisation to Identify gaps, accelerate insights and drive business improvements, fast.
Finance eGuide: 3 steps to a faster financial close
Accelerate the Monthly Finance Cycle | Close accurately, faster. Automated controls and processes drive efficiency, accuracy and real-time visibility into status, strengthening your control environment across the finance close process.
#TechTalk 2020 Most Popular | Where Nested LOD expressions work, do not work and importantly, why it does not work. Includes the exception to the Nested LOD ‘rule’.
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.
The Office of Finance is facing change in 2021.
With shifting economic conditions, CFOs need to keep up with stakeholder demands and demonstrate the value-add of the FP&A function at the same time. What are the 4 technology-enabled trends that will drive growth and transform finance and accounting processes? We share our predictions.
Migrating IBM Planning Analytics onto AWS – A Recommended Approach
Tridant validated IBM Planning Analytics could run in AWS, with uninterrupted operations, continuous visibility, while maintaining service levels at all times.
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.
Zoos Victoria - A Conversation with David Methven - Tridant
Zoos Victoria Director of Digital Engagement, David Methven, shares his thoughts on the value of liberating data from the confines of spread-sheets and making it more visible across the organisation.
Tridant Jointly Wins Award For Tableau Dashboard Creation - Tridant
The in-house Tableau team of a major CPG company consisting of 9 members including Tridant’s Raymond Chan, received a ‘best of the best’ award for their outstanding collaborative work.
Release of Cognos Analytics 11.0.6 - Upgrade from Cognos 10 - Tridant
IBM has just released the next version of its Cognos Analytics enterprise platform, version 11.0.6 (or R6). Here's why you should upgrade from Cognos 10.
If you would like to connect to your own SaaS application, the Alteryx ‘Download’ tool is the perfect option to explore via a simple drag-and-drop interface.
Adaptive OfficeConnect is a game-changer allowing an organisation to deliver high-quality, instantly updated management reports within the Microsoft Office Suite.
The Future of TM1 Hierarchies - TM1 Dimension - Tridant
This post talks about the future of TM1 hierarchies, which will allow you to hold multiple discrete rollups or consolidations within the same dimension.
6 Key Benefits of IBM dashDB: Cloud Data Warehouse - Tridant
IBM dashDB is a fully managed in-memory cloud data warehousing service for developers, database administrators, business analysts, data scientists and more.
