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,…
Read MoreTrue 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…
Read MoreTrue 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…
Read MoreMany 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…
Read MoreYou’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….
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Pop quiz: who should be in charge of your team’s budget? Is it the finance department? The CEO? Operations? Sales? Short Answer: Everybody should be. Having one department or person administer the budget is fine, but when it comes to the planning process, your whole team is ultimately responsible for…
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There is no getting around it – Microsoft Excel can be a great tool for budgeting and forecasting, but it has its limitations. Often, that can look like less security, lengthy formatting time, inaccurate data, difficulty merging spreadsheets, etc. Here are some signs you may have outgrown Excel: You rely on…
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Good communication is paramount to collaborating on workbooks. If you want something done a certain way, you need to give your users careful instructions. Essentially, think about the spreadsheet from the perspective of your least technical user, and create it for them. Some best practices: Put instructions on the page. Even…
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When you are designing a template or entry form, you want it to be easy to use. And that starts with the initial impression. In general: Do not show 1,000 columns or 1,000 rows in a spreadsheet. Hide fields and use filters to simplify the workbook. In the right templates,…
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Tell us if this sounds familiar: you set a goal of finalizing your budget within eight weeks. But seven of those eight weeks are spent collecting data and inputting numbers into a spreadsheet, tracking changes from other staff, merging documents, catching small errors, and generally giving you one large, administrative headache. By…
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