Information versus knowledge; the two are vastly different when it comes to business intelligence.  Most companies are pulling data out from their systems, but not necessarily analyzing that data. It isn’t enough to merely have the data, you have to actually utilize it and have it presented to you in…

We’re at the CPA The ONE National Conference next week and are excited about our early-bird session on September 19th. The session, Discussing Solutions to the Business Challenges Faced When Budgeting and Forecasting for the Enterprise, will be presented by Alan Whitehouse, Chief Software Architect at True Sky. The session…

Budgeting is like a battle; you need to have a well-planned strategy in place to ensure victory. These tips for better business budgeting may seem simple in their conceptualization, but all too often those at the top – the ones designing and administering the budgeting process – forget about them….

As with any software solution that your organization depends on, your corporate performance management (CPM) software needs to be online, up-to-date, and running without a hitch, at all times. Without access to effective support, your systems can fall behind or worse, produce inconsistent and unreliable results so that there is…

When your organization is set to begin a new project, there are a number of crucial elements that require attention and consideration before the first step is taken. Even knowing this, often project managers plan implementations without adequately anticipating possible problems despite the risks associated with any project. So how…

When an organization grows, the planning, budgeting and forecasting process naturally becomes more complex. More active participants and more data can lead to increased opportunities for issues. When this occurs, there is much more at risk and at the same time, you’ve got more riding on getting the business plans…

Your network is a mix of system components and data sources that, when used effectively, inform departments and provide data to create a cohesive understanding of your organization as a whole. These systems work to keep your organization running smoothly – but is it running as smoothly as possible? Today…

For every company, from smaller companies to Fortune 500 corporations, budgeting is a necessary evil. Everyone dreads the process, but knows that it needs to be done. Whether you budget to meet reporting requirements to the bank or government or to keep your board up-to-date, the process must be completed,…

Excel is, by far, the most accepted and utilized budgeting tool for organizations of various sizes. Excel spreadsheets are the go-to for budgeting, and often for good reason. However, Excel was never designed for budgeting specifically and so does not have the controls required for an optimal process. When you…

At True Sky, we always like to try to keep you up-to-date on the latest tips and tricks and best budgeting practices. Our goal is to help you improve the way you do budgeting and forecasting, to achieve the greatest accuracy and streamline your processes, to the best of your…