Finario Blog
The Art of Building Consensus: Rallying a Buying Group Around an Enterprise Capital Planning Solution
You’ve identified a problem that needs to be solved. You’ve explored solutions to resolve that problem, identified what’s required, and have a supplier in mind that you believe is a
Elevating Your Approach to Capex: From Project Focus to Portfolio Management
As the manufacturer of a product, it takes many inputs to produce a good for sale: materials, labor, and capital equipment. You have a system to track labor by job.
Beyond Budgeting: How EPM Solutions Stack Up for Capex
Let’s get right to the point: you wouldn’t want to go into a battle blindfolded … and if making better capital allocation decisions is a priority at your company, you
FP&A From the Frontlines: Nonstandard Reporting in an Ever-Changing Environment
There are some axioms in financial management you simply can’t violate no matter how smart or how good you are. For instance: when it comes to FP&A reporting, you may
FP&A From the Frontlines: How human effort and hard work aren’t substitutes for sound processes & technological leverage
I can still remember walking a 3.5 inch floppy disk down the hallway of a billion dollar company. On it: our balance sheet for the controller to review. I’m dating
SaaS and the Cloud vs. Custom-Built On-Premise Apps: What Finance Teams Need to Know
Prior to the early 2000s, most enterprises purchased software and applications that lived “on-premise” — meaning they were installed, stored and administered locally. With its founding in 1999, however, Salesforce.com
Three Common Hurdles to Implementing Capex Automation and How to Overcome Them
The concept of digital transformation of finance has become such a hot-button issue. With so many varying takes on the topic, it’s no surprise that many organizations struggle with building
An Engineer’s Guide to Capex Automation
You’ve thought through every detail and have full confidence that the solution you’re proposing is right for the business challenge or need at hand. But it doesn’t get approved for
Zero-Based Budgeting: Making the Case for Starting With Capex
It is a concept that’s been around for more than 50 years, yet periodically re-emerges as a “trending topic.” This is one of those times. I’m referring to zero-based budgeting
The Capex Project Post-Completion Review: How to Go From Theory to Practice
You just completed a multi-phase capital project. The assets are in place and in use. Time to celebrate and chalk up a win, right? Maybe. There is a final step
Compilation of Trends in Finance and Capex: An FP&A Exec’s Guide
There’s no shortage of predictions and prognosticators when it comes to the future of finance, FP&A and the role of Capex in driving corporate growth. But there is some consensus,
Developing a business case for effective capital program transformation
Where to Begin with Capital Program Transformation For any new initiative you wish to undertake, it’s imperative to develop a business case and rationale that will help to define its
eBOOK: Developing a vision for unified Capex planning
What is Unified Capex Planning? Are you frustrated with the amount of time it takes to manage and control capital expenditures across your organization? Unifying the Capex planning process within
How do you make your capital investment decisions?
*Originally published by Perform magazine. Effective capital investment decisions underpin business success. The purchase of a new building, IT system or machine can enable a business to produce more of
Prioritizing your capital project portfolio
Prioritizing your capital project portfolio Most organizations categorize potential investments either qualitatively or quantitatively. Qualitative investments typically include strategic projects or those that address new mandates or regulatory requirements. Most
Two ways to enhance the capital expenditure approval process
Two ways to enhance the capital expenditure approval process The capital expenditure approval process should serve as the cornerstone of capital investment cost control, but in reality it can be
How to avoid the Capex “planning fallacy”
How to avoid the Capex planning fallacy If you have firsthand experience in dealing with a capital project that is years behind schedule and millions of dollars over budget, you’re
Why your capital budget is probably being underspent
Why your capital budget is probably being underspent Your organization has just entered Q4 and the COO is concerned that it may, again, be under-spending its available capital budget based