Microsoft Excel is definitely a valued tool when it comes to budgeting; 60-80% of companies use it as their main budgeting tool today. Although it is a very powerful tool, Excel does have its limitations. A heavy reliance upon spreadsheets to support your processes can be problematic for a number…

Sales forecasting can be complicated, but it is invaluable. Good forecasts allow you to make more informed business decisions in regards to things like resource allocation or planning cash flow. However, in order to reap the benefits of a good sales forecast, it needs to be accurate. Here are some…

Different organizations use different processes and techniques when budgeting and forecasting, but most companies end up making the same mistakes. Read on below to find out what some of the most common mistakes are, and how to prevent them. Failing to Change with the Times When were the processes and…

Happy Thanksgiving Weekend from all of us at True Sky. We hope you enjoy the break from crunching numbers, and wish you and your families all the best. What are you thankful for this year? Enjoy the holiday!

Organizations today are dealing with more data than ever before. Finding a way to manage all of it, and merge relevant numbers and reports together can become frustrating and confusing. Data cleanup and master data management can be some of the most complex and expensive challenges for an organization, but…

Great business management involves having strong budget and forecasting processes. Depending on the size of your organization, there may be a dedicated finance team who is responsible for the budget, a single department if they have the highest expenses, or perhaps it is your operations manager who takes on the…

With the seasons changing and new year approaching, you’re probably thinking of some new year’s resolutions to help better yourself and your business. In accounting and finance, one of the most important things that change regularly are your numbers. And as such, business decisions may change as well. For many…

As 2019 is coming to an end, we thought we’d take a look back at some of the top priorities for finance executives this year. One common theme that kept coming up was the need for investment in digital technology. According to a recent survey of 700 finance executives worldwide…

IT departments handle an increasing range of responsibilites, including maintaining company software, troubleshooting and cybersecurity. What does your organization do to ensure you have the right resources available to meet your IT goals and needs? Our blog today offers tips on how to budget for your IT needs and why…

Once again, True Sky will be exhibiting at this year’s User Group Summit in Orlando! We’re excited for another great year of great content, conversations and collaboration. If you haven’t registered yet, ask us how you can save 10% and then register to join us! Don’t miss our session on…