Raymond Panko - XLerant

Who is Raymond Panko… and why should you care?

Raymond Panko, a professor at the University of Hawaii, is the leading expert on spreadsheet errors. Who makes them, why they happen, what rate they’re seen in the average spreadsheet, you name it. He wrote a paper on the subject called What We Know About Spreadsheet Errors first published in the Journal of End User…    Read More

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Story - XLerant

Getting the story behind the numbers

When I worked at Pepsi as a FP&A Manager it was drilled into our heads that our job was to “get the story behind the numbers” and be able to communicate that story intelligently. But what does getting the story behind the numbers really mean? The report that almost every finance organization runs each month…    Read More

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CFO Lighbulb - XLerant

Meanwhile, CFOs Enjoy More Influence

CFO Research finds the financial crisis boosted the profile of finance chiefs. Struggling economy, having to do more with less, what’s not to like? The good news for Finance chiefs is that many believe their stature has been elevated during the economic downturn. That’s according to a recent survey by CFO Magazine and Expense Reduction…    Read More

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Burning Businessman - XLerant

Leaving Excel? What you need to consider when evaluating budgeting software.

Decision Point:  When should you leave Excel budgeting behind?  And when the time is right, what do you need to consider when evaluating budgeting software? Lots of organizations “make-do” year over year with their current budgeting approach (Excel, ERP, etc.) At XLerant we often hear the question: “When is it the right time to invest…    Read More

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Documentation, Justification & Communication: Key Ingredients for Budgeting to Strategy

Ultimately your budget needs to be a numerical expression of the strategic plan. At XLerant, we believe the best way to align your budget to strategy is to reach out to the people on the front-lines – your employees!  But when your budgeting process engages multiple participants across the organization it becomes as much an…    Read More

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