Whether you are creating a budget for your home, small business, or large corporation, there are two major approaches: the top-down approach and the bottom-up approach. Some companies believe the top-down approach provides the most advantageous view, whereas others swear by the bottom-up approach. Which one is best? This week,…

True Sky wishes Canada an amazing 150th birthday! On this momentous anniversary of Confederation, we can’t help but marvel in all that is Canada, a country we are proud to call home! Happy Birthday Canada!

It today’s digital age, when data is required in real-time, operating without an enterprise resource planning system (ERP) is almost unheard of. An ERP system enables you to achieve greater visibility, work more quickly, and respond more accurately to changes. However, while an ERP tracks your many business resources, from…

Financial forecasting and business budgeting: things you can’t live with, but can’t live without! However, if your current financial forecasting, planning and budgeting process makes you feel as though your company is falling behind, or as though you’re constantly lagging when it comes to accurate numbers and data, maybe it…

Last week we dove into the advantages of collaboration when budgeting, and it got us thinking: if you’re going to share the love and spread the budgeting cheer by getting your managers involved in the budgeting process, you want to make it as easy as possible, right? The clearer the…

When it comes time to build out the budget – be it for the month, the quarter, or the year – collaboration is critical. A few weeks ago, we spoke about the differences between top-down and bottom-up budgeting and the positives and negatives of each approach. One of the most…

The budgeting and forecasting process can be challenging – are you making these common mistakes? Failing to adapt. When was your budget as it currently exists created – the process/system itself, not the numbers? If you’ve been following the same budgeting and forecasting process for years, you could probably benefit…

Such a great turnout for our session on financial forecasting yesterday at the Sage Summit in Atlanta – we had a full house! Thanks to all who came by to check it out and participated! Talk about budgeting & forecasting success!  

Does your current financial forecasting, planning and budgeting process make you feel as though your company is falling behind? Are you constantly lagging when it comes to accurate numbers and data? If you are finding that, while a fantastic foundational tool, Excel just can’t seem to keep pace with your…

Win an iPad by visiting the True Sky booth at the Sage Summit in AtlantaWill you be at the Sage Summit in Atlanta? We will be! To celebrate the Summit and all the amazing things that are taking place at the conference, we’re giving away an Apple iPad mini! All…