FP&A INCUBE BLOG
CPM vs. ERP
Many people associate CPM system (Corporate Performance Management) with such acronyms as BMP (Business Performance Management) and EPM (Enterprise Performance Management) All those terms are connected with software used to manage organization performance (of a...
ESG reporting and role of technological companies
European Financial Congress had its another edition in Sopot on 6-8 June 2022. We participated in the conference with the subject of ESG reporting, which should already be a key factor of strategy in medium and big enterprises in Poland. The discussion panel ‘Not Only...
Excel, Power BI and CPM systems
Excel is undoubtedly one of the most common business tools in the world. It has been used to collect and analyse data for over 30 years. Along with corporate and global digital transformation development Microsoft has enhanced Excel functionality with additional...
Business analytics in cloud
Business analytics is a fundamental element for many companies and data has been their main driver for years. Data is used to build business models which help to gain a competitive edge. In order for the data to be truly useful, they need to be acquired, and properly...
ESG Reporting – Everything You Need to Know
The EU institutions and the governments of individual countries see the need to go beyond the current reporting schemes, limited only to financial reporting. The global nature of the activities of many companies makes us think about the impact that business has on...
ESG reporting in financial institutions
ESG reporting regulations make a new tool for the sustainable development of companies. The data from the report also turns out to be one of the most important criteria for obtaining investment loans from financial institutions. Banks operating in the EU are obliged...
Leasing contracts management in accordance with IFRS standards
IFRS 16 is a financial reporting standard that covers all leases. Under IFRS 16, there are major changes in the management of leasing from the financial side. What new obligations have fallen on entrepreneurs? What do I need to know about IFRS 16 to impact the...
Internal audit ready for the digital age?
Technological transformation and data-rich business have created a new reality in which enterprises operate. As many as 77% of them equate digitization with increased efficiency. Working in companies undergoing digital transformation processes, internal auditors are...
Software for Consolidation
Financial consolidation mainly concerns capital groups held by many listed companies. A final consolidation report compiles financial results of different business units as if they were one entity. Group consolidation supports a number of objectives. From a control...
Business Intelligence – Importance of Data for Business
The mysterious term 'Business Intelligence' actually stands for data analysis processes that provide a company with key insights for its further development. An enormous competition in almost every area of business forces companies to constantly adapt to customer...