Heroes Archives – Revelwood Knowledge Center
Heroes Archives – Revelwood Knowledge Center

Sometimes it’s hard to visualize what the future entails. Not so for Revelwood client – and hero – Wade Hollon. As the director of financial planning and analysis for a small, startup holding company, he knows the importance of following Wayne Gretzky’s advice: skate to where the puck will be, not where it is now. So instead of sticking with his existing spreadsheet approach to managing the company’s budgeting and reporting activities, Wade wanted to proactively put in place a … Read More

How easy would it be for you to budget and report on a division of your business that had its financials in more than 200 linked spreadsheets? Add in the fact that gathering data was a manual process, not to mention that verifying that data was so time-intensive that your organization could not accommodate late updates to the budget. And, given this scenario, it would be impossible to do any type of forecasting. Oh, and the data needed for analysis from one of the … Read More

Every job has an upside and a downside.  For Jeremy, a budget manager in the commercial property and casualty insurance industry, the upside of his role is to manage corporate expenses, revenue forecasting, reporting and analysis for a leading company.  The downside was that Jeremy—and the 70 other people involved in the financial planning process—were bogged down using Excel budget templates to collect and consolidate the budget data.  The unwieldy process was time-consuming, error-prone and difficult to manage. Jeremy knew … Read More

Starting a new job can be exciting, but also stressful.  But how would you like to step into Dina Bank’s shoes?  Her first task as the director of financial systems for a full-service media and marketing communications agency was to oversee the implementation of a new budgeting, planning and reporting system.  The overall goal was to make it easier to understand staff costing, client profitability and profitability by business unit. The media company had selected IBM Cognos TM1 as the … Read More

There’s a reason the term ‘Excel hell’ is well known – many, many financial analysts and companies find themselves beholden to hundreds of spreadsheets for their budgeting and financial planning processes.  Carrie Ludwiczak, a senior financial analyst with a consumer loan company decided it was time to stop the time-consuming process of relying on Excel for budgeting. And it wasn’t just about saving time and reducing errors.  Carrie knew what her team wanted to provide to the company – comparative … Read More

Mike Briscoe’s colleagues at a real estate investment trust consider him an IBM Cognos TM1 “wizard,” and go to him for anything related to reports. In fact, there isn’t a TM1 report that Mike can’t create. “With less time spent gathering information we’re able to look for trends and analyze data very easily and quickly, positively impacting the performance of our business,” says Mike, vice president of information management. Mike’s company hand-picked him to lead the charge on transitioning the … Read More

Never miss another post.

Sign Up for Our Newsletter.