About the Analyst
Ventana Research
Ventana Research, now part of Information Services Group, provides authoritative market research and coverage on the business and IT aspects of the software industry. We distribute research and insights daily through the Ventana Research community, and provide a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms.
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Topics:
SaaS,
Customer Experience,
NetSuite,
Office of Finance,
Operational Performance Management (OPM),
Recurring Revenue,
Zuora,
Cloud Computing,
Customer Service,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
billing software,
Intacct
In our benchmark research at least half of participants that use spreadsheets to support a business process routinely say that these tools make it difficult for them to do their job. Yet spreadsheets continue to dominate in a range of business functions and processes. For example, our recent next-generation business planning research finds that this is the most common software used for performing 11 of the most common types of planning. At the heart of the problem is a disconnect between what...
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Topics:
Planning,
ERP,
Forecast,
GRC,
Office of Finance,
Operational Performance Management (OPM),
Reporting,
closing,
dashboard,
enterprise spreadsheet,
Excel,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Data,
Financial Performance Management (FPM),
Risk,
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
application,
benchmark,
Financial Performance Management
Ventana Research recently released the results of our Next-Generation Business Planning benchmark research. Business planning encompasses all of the forward-looking activities in which companies routinely engage. The research examined 11 of the most common types of enterprise planning: capital, demand, marketing, project, sales and operations, strategic, supply chain and workforce planning, as well as sales forecasting and corporate and IT budgeting. We also aggregated the results to draw...
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Topics:
Big Data,
Planning,
Predictive Analytics,
Sales,
Social Media,
Human Capital Management,
Marketing,
Office of Finance,
Operational Performance Management (OPM),
Reporting,
Budgeting,
Controller,
Business Analytics,
Cloud Computing,
In-memory,
Business Performance Management (BPM),
CFO,
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
Supply Chain,
Workforce Performance Management (WPM),
capital spending,
demand management,
Financial Performance Management,
financial reporting,
FPM,
Integrated Business Planning,
S&OP
Recurring revenue is a term applied to business models that involve three types of selling and billing structures: a one-time transaction plus a periodic service charge; subscription-based services involving periodic charges; or a contractual relationship that charges periodically for goods and services. Telecommunications was the first major industry to use it, but recently the model has gained popularity in others. It is a major trend in information technology as an increasing number of...
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Topics:
SaaS,
Customer Experience,
NetSuite,
Office of Finance,
Operational Performance Management (OPM),
Recurring Revenue,
Zuora,
Cloud Computing,
Customer Service,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM),
billing software,
Intacct
One of the issues in handling the tax function in business, especially where it involves direct (income) taxes, is the technical expertise required. At the more senior levels, practitioners must be knowledgeable about accounting and tax law. In multinational corporations, understanding differences between accounting and legal structures in various localities and their effects on tax liabilities requires more knowledge. Yet when I began to study the structures of corporate tax departments, I was...
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Topics:
Big Data,
ERP,
GRC,
Office of Finance,
audit,
finance transformation,
LongView,
Tax,
Analytics,
Business Analytics,
Governance, Risk & Compliance (GRC),
Oracle,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Information Management (IM),
Vertex,
FPM,
Innovation Awards,
Thomson-Reuters multinational
One of the issues in handling the tax function in business, especially where it involves direct (income) taxes, is the technical expertise required. At the more senior levels, practitioners must be knowledgeable about accounting and tax law. In multinational corporations, understanding differences between accounting and legal structures in various localities and their effects on tax liabilities requires more knowledge. Yet when I began to study the structures of corporate tax departments, I was...
Read More
Topics:
Big Data,
ERP,
GRC,
Office of Finance,
audit,
finance transformation,
LongView,
Tax,
Analytics,
Business Analytics,
Governance, Risk & Compliance (GRC),
Oracle,
Business Performance Management (BPM),
CFO,
Financial Performance Management (FPM),
Information Management (IM),
Vertex,
FPM,
Innovation Awards,
Thomson-Reuters multinational
Our recently published Office of Finance benchmark research assesses a broad set of functions and capabilities of finance organizations. We asked research participants to identify the most important issues for a finance department to address in a dozen functional areas: accounting, budgeting, cost accounting, customer profitability management, external financial reporting, financial analysis, financial governance and internal audit, management accounting, product profitability management,...
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Topics:
Mobile,
Planning,
Predictive Analytics,
ERP,
FP&A,
Office of Finance,
Reporting,
Self-service,
Budgeting,
close,
closing,
computing,
Controller,
dashboard,
Tax,
Analytics,
Business Intelligence,
Cloud Computing,
Collaboration,
Business Performance Management (BPM),
CFO,
Data,
finance,
Financial Performance Management (FPM),
Financial Performance Management,
FPM,
Microsoft Excel,
Spreadsheets
Our recent Office of Finance benchmark research demonstrates the importance of using automation to execute finance department functions. Information technology systems do at least two things very well that make better use of people’s time, and both of them can substantially improve organizational performance. First, they eliminate the need for people to do repetitive tasks, which frees them to spend time on more valuable work that requires judgment and skill. IT systems also can be programmed...
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Topics:
Big Data,
Mobile,
Planning,
ERP,
FP&A,
Office of Finance,
Reporting,
Self-service,
Budgeting,
close,
closing,
computing,
Controller,
dashboard,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Collaboration,
Business Performance Management (BPM),
CFO,
Data,
finance,
Financial Performance Management (FPM),
Financial Performance Management,
FPM,
Microsoft Excel,
Spreadsheets
A company’s enterprise resource planning (ERP) system is one of the pillars of its record-keeping and process management architecture and is central to many of its critical functions. It is the heart of its accounting and financial record-keeping processes. In manufacturing and distribution, ERP manages inventory and some elements of logistics. Companies also may use it to handle core human resources record-keeping and to store product and customer master data. Often, companies bolt other...
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Topics:
ERP,
Office of Finance,
Operational Performance Management (OPM),
Analytics,
CIO,
Business Performance Management (BPM),
CFO,
Customer Performance Management (CPM),
Data,
Financial Performance Management (FPM),
HR,
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM)
SYSPRO is a 35-year-old ERP vendor that focuses on products for midsize companies, particularly those in manufacturing and distribution. In manufacturing, SYSPRO supports make, configure and assemble, engineer to order, make to stock and job shop environments. The company attempts to differentiate itself through vertical specialization and its years of ongoing development, which can reduce the need for customization and cut the cost of initial and ongoing configuration to suit the needs of...
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Topics:
Performance Management,
ERP,
Human Capital Management,
Office of Finance,
Operational Performance Management (OPM),
Reporting,
cloud ERP,
container,
Analytics,
Business Analytics,
Cloud Computing,
Collaboration,
Dashboards,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Supply Chain,
Supply Chain Performance Management (SCPM),
SCM,
S&OP,
Digital Technology