For the past several years, businesses of all types have been deciding to either supplement or replace their annual budgets with rolling forecasts. There are a number of reasons for this. For one, rolling forecasts can offer greater accuracy than an annual budget, which is often out of date within…

When you look at your budget, what do you see? A list of incomes and expenses? A snapshot of your business’s financial health? An account that gives you insight into your business drivers? Ideally, you should be seeing all of those things. But there’s something else, too, that your budget…

If your business is using Sage X3, then you already know how helpful it can be to simplify your business processes. And just like Sage X3 takes the complexity out of your business operations, the True Sky budgeting and forecasting solution can simplify the budgeting process for companies using Excel….

When it comes to making decisions about capital expenditures, you want to have as much financial information as you can. These sorts of expenses – for property, industrial equipment, office equipment, and the like – can represent a large percentage of your company’s budget during a particular cycle, and influence…

When it comes to setting up your budget, you’ve got several choices to make. You can choose to use the annual budget model, or a rolling forecasting model. You can manage it entirely through the office of the CFO, or you can include other departments. And finally, you can choose…

At TGO, we’re very proud to have worked closely with Sage and their ERP product, Sage X3, for many years. Over that time, we’ve helped many businesses implement Sage X3 throughout their organizations. We’ve also worked with companies to optimize their use of this great software solution. That’s why we’re…

In manufacturing, having a strong idea of what lies ahead can mean the difference between a good year and a great year. This may be why the manufacturing industry has been relatively quick to embrace the rolling forecasting method of planning, which, when done correctly, can give businesses a more…

When it comes to tech conferences, the Sage Summit is one of the best. If you read our earlier post about this July’s event in Chicago, you know that the Summit is the biggest gathering of small and medium-sized businesses in the world. As such, it’s a prime opportunity to…

When we developed True Sky, we didn’t want it to be just another piece of budgeting software. Our goal was to create a world-class corporate performance management solution that would give business leaders the insight to make better, more strategic business decisions. That’s because True Sky wasn’t developed in a…

In the nonprofit world, the annual budget has been a time-honored tradition for decades. Because of this, many nonprofits find it difficult to consider updating their budget practices to include rolling forecasting, even though the potential benefits of doing so can be great. As any nonprofit CFO knows, especially after…