Non-profit organizations play a crucial role in addressing social, environmental, and community needs. To maximize their impact, these organizations must efficiently manage their finances, streamline operations, and maintain transparency. True Sky is a powerful financial performance management solution that can transform the way nonprofit organizations operate. In this blog post,…

True Sky Version 2023 is now available!  This version includes improvements for end users, administrators, and template designers – see below for some specific examples. If you’re interested in learning more, please reach out to someone on the True Sky team or info@truesky.com. End Users “Toast” notification to provide information…

True Sky is a robust Corporate Performance Management solution that is very powerful for companies in the healthcare industry. Here are five of the top reasons you should consider moving your budgeting and reporting processes to True Sky. #1 Integration True Sky integrates seamlessly with your ERP, payroll solution, inventory…

Many Sage customers have relied on Sage Budgeting and Planning, or Active Planner, to manage their budgeting, planning and forecasting process. With the news of its retirement, customers must look for a new solution that not only meets their current needs but can also grow with the organization. Here are…

You’re in the majority if your company uses Excel to manage the budgeting process. Gartner studies have found that 60-80% of companies of all sizes use Excel as their primary budgeting tool. It really is no surprise – Excel is one of the most powerful tools in the CFO’s toolbox….

Sage recently announced that Sage Budgeting & Planning is being retired in 2021. Going forward, Sage partners and customers need a robust solution for their budgeting, planning, and forecasting needs. True Sky has full integrations to Sage 100, 300, X3, 500, and Intacct. Existing Sage Budgeting and Planning Customer? Click…

Let’s face it – very few people actually like to budget or forecast. So, reforecasting may seem like a daunting task. Why do organizations reforecast? Here are some things to consider: Alignment of Your Business Especially in today’s turbulent economy, businesses change so quickly that forecasts created previously aren’t always…

If you’ve been following along with our blogs, you’ll know the importance of people and data on the quality of your forecast. Equally as important is the process – how does the forecast get created? What systems are you using? Is your forecasting tool user friendly and does it give…

Forecasting is important to the business, but the forecast itself relies on high-quality data. When determining the data to use in the forecast, the following factors must be considered: Detail: How much detail are you putting in to your forecast? Keep in mind, more detail is not always better. If…

The team involved in the forecasting process has a huge role to play in the quality of your forecast. Consider the following when planning for your forecast: Involvement: Who are you involving in the forecasting process, and how well do they know the data you are asking them to forecast…