While there are numerous metrics to describe a business, the real measure of success is profitability. Think about what has the most meaning to your stakeholders, employees, customers, and suppliers. It’s profit.
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While there are numerous metrics to describe a business, the real measure of success is profitability. Think about what has the most meaning to your stakeholders, employees, customers, and suppliers. It’s profit.
Read moreAs many economies emerge from the pandemic, the “Great Resignation” has brought people's issues sharply into focus.
Read moreHow much time does your finance team spend collecting, sifting, and analyzing data?
Read moreAs many economies emerge from the pandemic, the “Great Resignation” has brought people's issues sharply into focus.
Read moreHow much time does your finance team spend collecting, sifting, and analyzing data?
Read moreThere is perhaps nothing more dangerous than for an organization to base decisions on inaccurate or incomplete information.
Read moreIt’s no secret the most successful, forward-thinking organizations can adapt to change fast. They have an eye..
Read moreThe demands on finance teams are changing. As organizations face increasing uncertainty, business functions..
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Most organizations know they need digital transformation – but too many aren’t delivering.
Read moreThe Tech Council of Australia is a brand-new peak body that represents Australia’s tech companies – big and..
Read moreThe Phocas business intelligence blog was created to provide free advice about data and add value to the way..
Read moreAround this time of year, we embrace the spooky, creepy, and downright terrifying.
Read moreEveryone uses spreadsheets because they are flexible and have a multi-purpose nature. But they are not always..
Read moreThere is much debate about how best to compensate people to motivate them.
Read moreStaff related expenses are one of the highest and most complex costs in an organization. So, it’s essential..
Read moreThe financial year ending 30 June 2021 marked a most eventful and exciting year at Phocas Software.
Read moreMonitoring the performance of your business is a critical part of current and future success. Unfortunately,..
Read moreEvery business owner understands the importance — and pitfalls — of financial planning and analysis (FP&A)...
Read moreAs a finance team member, you know how important it is to regularly share financial data and insights with..
Read morePhocas Software is excited with the appointment of Dave Boorman as the new Chief Financial Officer (CFO). He..
Read moreEvery year, you grapple with a long, intense, and tedious budgeting process — and despite your best efforts,..
Read moreIt’s a familiar predicament for most business owners and their finance managers: once a year, you must..
Read moreMonth-end close is a high-stress, intense time for your finance team. Each month they face a different..
Read moreAs a finance professional, you know all too well the labor-intensive task of budgeting each year.
Read moreFor most finance teams, spreadsheets are the go-to resource for determining how well a business is..
Read moreIf you ask businesspeople who get involved in the traditional budgeting process to describe the experience,..
Read moreFor many, the budget process is a dreaded task or a necessary evil. Yet we also know an accurate budget is..
Read moreA budget is a financial plan for a defined period, normally a year, can be a quarter or month. It greatly..
Read moreComparison of sales information against targets has many benefits such as allowing individuals to be more..
Read moreIn the face of unstable market and economic conditions, companies need to use a number of measures to stay..
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