As a CFO, you are faced with daily challenges when it comes to meeting the needs of your organization – this, of course, is well known. The need, across almost every industry, to become end-to-end digital enterprises means that change is unavoidable. Unsurprisingly, this change brings with it distinct challenges….

From the entire True Sky team, we want to wish you a very happy holiday season and all the best for 2017!  

Accurate budgeting and forecasting are, for a CFO, two of the most important responsibilities on your to-do list.  For many companies, Excel is the go-to program for budgeting and forecasting, and for good reason. It is easily accessible, cost-effective, and chances are your employees are familiar with it. That being…

Success, in any industry, relies heavily on the ability to create and define strategic and operational goals. This means measuring and gauging performance over time, hence the importance of key performance indicators. So, knowing this, how do you evaluate your budgeting and forecasting process? What are you, or should you…

With an ever changing economy, technological advances that make the Jetsons look like they’re falling behind, and competition the scope of which most industries have never seen, the role of the CFO is an ever-evolving, fast-paced one. While your responsibilities may look the same, the ways in which you accomplish…

In many cases, there is something to be said for tradition. The old adage ‘if it ain’t broke, don’t fix it’ holds true in many situations – be it business or any other environment. However, when that approach becomes a hindrance, a block if you will, it becomes inherently problematic….

Sometimes, when you’ve spent months on your planning, budgeting and forecasting and corporate performance management, only to have a week-long break and start at it once again, canning Excel altogether and looking for something better often seems like a fruitful endeavour. After all, there has to be something better out…

In most organizations the IT department is understandably on the hook resolving all technology issues, typically including corporate software-related implementation and maintenance. That’s fair – after all, that is what they are mandated and trained to do. Technology, for good reason, will likely always remain the purview of IT experts,…

With constant pressure at the executive level to drive Sales and top-line revenue in increasingly competitive markets, the CFO is often put into the difficult position of reconciling the seemingly conflicting priorities of revenue vs. margins. In an effort to better understand and put into perspective top CFO priorities from…

The issue is almost universal: all (or at least most) of your employees are using spreadsheets for budgeting. Different departments have their own variations, with unique calculations. When this goes up to the manager level, how many different versions do these managers have to work with? When it comes time…