Proven Practices Archives – Page 4 of 4 – Revelwood Knowledge Center
Proven Practices Archives – Page 4 of 4 – Revelwood Knowledge Center

As a senior consultant with Revelwood for nearly seven years, I’ve had the opportunity to design and develop a large number of TM1 models for various aspects of budgeting, planning and forecasting. Some client engagements are very straightforward – simply transition the business from spreadsheet-based budgeting to TM1. This gives them greater flexibility and visibility while significantly reducing the amount of time spent on the budgeting process. All good and necessary stuff to properly manage an organization’s finances in today’s … Read More

This is a guest blog post by Revelwood’s Susan Musselman. As a senior consultant with Revelwood, I’ve had the opportunity to work on many different implementations of IBM Cognos TM1. But last year I was able to tackle a very cool project – one of the first implementations of TM1 in the Cloud (now IBM Planning Analytics). This wasn’t just one of the first Revelwood implementations—it was one of IBM’s first implementations. It was all new territory. Our client was … Read More

One of our clients, Orchard Brands, recently participated in an IBM virtual roundtable, and we thought it would be useful to share our recap of the major themes and notable points that each panelist had to offer. The panel included four different IBM clients – Orchard Brands, Logistics AG, Jabil, Inc. and Mueller, Inc. What made this roundtable particularly unique was that every client is currently in a different lifecycle stage with their TM1 product. Some are approaching just a … Read More

I recently presented the Predictive Customer Intelligence solution from IBM to a group of executives at the Memorial Golf Tournament in Dublin, Ohio. The audience spanned the retail, insurance and banking industries and all had one common challenge: how can we “do better” by knowing our customers and making smarter, more targeted offers? Some in the group have active analytics programs, while others recognize the need to get started. My story – and that’s where the best predictive analytics discussions … Read More

More and more organizations are embracing rolling forecasts; as they do so, they are looking for the steps to success with rolling forecasts.  For many of those organizations, working with rolling forecasts is not an either or: they are not simply throwing out the budgeting process in favor of rolling forecasting.  Instead, they are using both traditional budgeting and the more agile rolling forecasting. When we work with our clients to move to a model that relies on rolling forecasting, … Read More

Recently I had the opportunity to hear my CEO, Ken Wolf, speak at the New Jersey Chapter of Financial Executive Internationals on the much debated topic of rolling forecasts. A former accountant, self-proclaimed rolling forecast advocate, and CEO of a performance management software company, I knew this topic was quite familiar to him. As the members of FEI gathered at their Morristown, NJ headquarters for the April peer-to-peer breakfast forum, I had a feeling that this morning’s session was going … Read More


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