inlumi blog

Finance departments too often lack the tools they need to make a real, enterprise-wide impact, but that is starting to change thanks to technology such as advanced data analytics, artificial intelligence and machine learning.

Murasa joined inlumi’s Denmark team in 2017 as their first dedicated CCH Tagetik consultant. Together with the team in Norway, she has been working on the configuration of a consolidation solution at BAMA-Gruppen AS. What initially began as a project focused on a consolidation tool has expanded into creating a flexible solution that can grow together with the company.

IPM is inlumi’s ‘intelligent’ approach to helping you to achieve ‘Performance Management’ excellence – taking traditional performance management to the next level. To realise this – to become data-driven and agile – Finance needs the right technology platform.

This winter, 80 inlumi team members are virtually climbing Mount Everest. Together, we are becoming more healthy in our everyday lives.

In December, Oracle announced that Management Reports, which was previously only available through Oracle Narrative Reporting Cloud, is going to be included in other Oracle EPM Platforms (Planning, Financial Consolidation and Close, Tax Reporting, and Free Form). It has now been confirmed that Oracle will be releasing it in the February release.

Magdalena is a Solution Architect who has been working at inlumi for seven years. Guillermo is a Senior Consultant and has been in the team for three years. Together, they worked on a major project to transform the finance function at Arendals Fossekompani (AFK). The project started out as an implementation of a consolidation solution, and eventually expanded to include a more holistic Performance Management solution which can support AFK into the future.

What is Performance Management? While you have probably read the terms Enterprise Resource Management (ERP) and Customer Relationship Management (CRM) before, the term Performance Management is less often mentioned but just as important. Put simply, ERP systems improve the back office and CRM systems improve the front office – which together help you to achieve Operational Excellence. Performance Management systems, on the other hand, are used by the finance team to help you to achieve Management Excellence.

Thor is a solution architect who has been a part of the inlumi Norway team since its inception in 2013. Together with team members Eva and Magdalena, he has successfully completed the implementation of OneStream at DNV. This is a hugely exciting project for two reasons: it is the first OneStream project in Norway and sees inlumi working alongside one of Norway’s most renowned organisations. Thor and Eva were thrown into the deep end but thanks to their tenacity, they successfully delivered a robust, tailor-made solution for the client. We interviewed Thor and Jonas to learn how the team delivered a successful project.