This course helps you plan and succeed when making the move from Excel to cloud-based budgeting solutions.
Despite the significant advantages that cloud-based budgeting and forecasting solutions provide, moving from Excel for budgeting and forecasting can seem daunting. Having made the move five years ago, Instructor-CFO Shyam Desigan knows first-hand the challenges many companies face in adopting a cloud-based corporate performance solution. He walks you through best practices, including:
What you’ll learn
- Identify how to effectively leverage cloud-based budgeting solutions for simple, more efficient and effective budgets and operational plans..
- Explore functional advantages of multi-dimensional corporate performance management solutions vs. Excel..
- Understand best practices of migration from Excel to a cloud-based corporate performance management solution, including planning and execution..
Course Content
- Introduction –> 4 lectures • 50min.
- Supporting Materials –> 2 lectures • 1min.
- Review and Test –> 0 lectures • 0min.
Requirements
Despite the significant advantages that cloud-based budgeting and forecasting solutions provide, moving from Excel for budgeting and forecasting can seem daunting. Having made the move five years ago, Instructor-CFO Shyam Desigan knows first-hand the challenges many companies face in adopting a cloud-based corporate performance solution. He walks you through best practices, including:
- Evaluating your current budgeting practices and identifying key drivers for making the move
- Managing and reducing implementation risks and cost over-runs
- Comparing cloud-based tools and functionality to determine the best option for your organization
The instructor also provides insights on how he has leveraged the cloud solution to augment the general ledger and go beyond budgeting and forecasting to flexible, multi-dimensional reporting, collaboration and analytics.
This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.