A post full of business analytics updates

Here are a few updates, news and noteworthy links for this week.

New book about Performance Management

Make sure to check out the latest book about Performance Management written by Steve Player and the late Jeremy Hope. It’s called Beyond Performance Management: Why, When, and How to Use 40 Tools and Best Practices for Superior Business Performance. I just downloaded it for my Kindle and will post a review as soon as possible.

IBM Finance Forum 2012

IBM Finance Forum is a great event for all finance professionals. Continue reading “A post full of business analytics updates”

What is IBM Cognos FSR?

Back in October 2010, IBM acquired a company that Gartner used to call ‘The hottest FPM vendor’. Rightly so. Clarity Systems had developed several cool and extremely popular software products. The most well-known solution is called FSR (Financial Statements Reporting). FSR addresses a high risk area for many companies: It automates the publication of financial statements. FSR also allows companies to translate their financial statements into XBRL.

Do you want to find out more about FSR? Take a few minutes and watch this interview with Li Ming She, Technical Manager for Continental Europe. We met in Brussels at the IBM Finance Forum 2011 and I recorded a quick interview with him on my iPad 2.


Vienna calling!

Harald Hornacek
A famous host: Harald Hornacek

Greetings from Vienna: home of the schnitzel, yummy dumplings and lot’s of amazing history. But Vienna is also the hub of many successful companies. Today is the third European IBM Finance Forum 2011. We have had a great day so far. Lot’s of attendees from the Finance & IT departments of different Austrian businesses and government agencies. The agenda here is once again packed with Finance content. And as in all the other locations, we also have some great speakers. The event in Vienna is hosted by Harald Hornacek, chief editor of the popular business magazine Succeed. The magazine is distributed by Austrian Airlines and flyers love it for its fresh and meaningful content. Harald is quite famous in the Austrian and European business community for exactly that reason. The attendees have a great time listening to his insightful comments and questions. But let me back up for a quick second. There was another Finance Forum in Zurich last week.

HIGHLIGHTS IN ZURICH

The Dolder Hotel, Zurich

The Finance Forum Switzerland was held at the famous and gorgeous Dolder Grand hotel. It is situated high above the city with breathtaking views left and right. Steve Morlidge, the author of ‘Future Ready‘ delivered a refreshing keynote about best practices in forecasting. He will be speaking at many different Finance Forums across Europe this year. We also had a customer speaker from a 500 year-old company (can you believe that?): Mr.Binzegger from Orell-Fuesseli talked about their innovative use of SPSS software to develop highly accurate credit ratings for companies. We also heard Mr Wirth from Nycomed talk about how to build an effective reporting and information strategy in a global environment. The Dolder Hotel staff also served up some amazing food and coffees during the break. Great event.

VIENNA CALLING

Back to the event here in Vienna. It’s been a bit of a mad rush for me in the background. I left home on Sunday morning to run two Rolling Forecast workshops with close to 40 CFOs from different companies in the Middle East on Monday and Tuesday. Wednesday morning we found out that one of our customer speakers in Vienna ended up calling in sick and I jumped in with a different presentation last minute. We are about to start a panel discussion between different customers and experts.

NEXT STOP BUCHAREST

Hopefully you will get the opportunity to join one of the IBM Finance Forum events in the next few months. As you can see, we always have great speakers, great content and also lot’s of valuable discussions. Knowledge exchange and networking is a critical part of this. My next event is scheduled for May 4th in Bucharest. To see more photos from all the different events click HERE. See you soon!

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Vienna: Vista 3 - The location fro Finance Forum
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Finance Forum: Many great discussions
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Collaborative BI: A real-life scenario