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The Best Time to Replace Your Excel-Based
We like to invite others to share what’s on their mind. Today Ted Dacko, the CEO of XLerant. Inc. speaks out on the topic of the inertia that can slow (or even stop) progress. Ted has been CEO of four other software firms prior to XLerant. Most recently, Ted was CEO...
Hacking the Budget
What’s the one thing every Finance person complains about if their organization uses Excel for ng? That users break links or overwrite formulas or somehow introduce errors into the spreadsheet that Finance worked so hard to create. Intentional hacking? Unintentional...
RFP’s Don’t Work
Many organizations still issue RFP’s for selection of software products. Issuing and RFP is an extremely poor way of evaluating software in today’s world, particularly end user software such as budgeting software. RFP’s are generally a generic...
10 Problems Colleges & Universities Have With Budgeting
The problems that colleges and universities face when it comes to budgeting are significant. Given all the economic challenges higher education faces today and the need to do more with less, budgeting is clearly mission critical. That makes addressing the problems...
Someday is now… Somebody is you
Someday we’re going to make our budget process better… somebody should really do that. How often have you thought that? How often have you discussed that with the people you work with? Well… that some day is now, and that somebody is you. I know firsthand that...
Why is my general ledger vendor not the best choice for budgeting?
Do you wonder why everyone currently uses Excel for budgeting? One of the reasons is institutions believed that their general ledger vendor had a budgeting module that they could use. It turns out that many of these “budgeting modules” just don’t...
Budgeting to Strategy in Higher Education – A Recorded Webinar
We ran a webinar last week that drew a lot of attention in higher education. If you work for a college (or if you’re planning on sending your children to college) you want to watch this. As one person attending the event commented afterward, “We’ve...
The Moon Shot for Higher Ed – Make College Affordable
When President Kennedy challenged the country to put a man on the moon and return him safely to earth by the end of the decade, it became known as “the moon shot.” The challenge was bold, the mission was clear, and everyone knew sacrifices had to be made...
Why Forecasts Fail. What to Do Instead.
I was very intrigued by a recent MIT Sloan School of Management Whitepaper, “Why Forecasts Fail. What do to Instead.” Authored by Anil Gaba, Robin Hogarth and Spyros Makridakis....
