inlumi blog

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    Nathan Goodearl

    Nathan Goodearl
    Managing Consultant at inlumi
    nathan.goodearl@inlumi.com

    Nathan is an EPM professional with 15 years of experience primarily focused on Enterprise Planning solutions. Nathan enjoys seeking opportunities to add value to customers that benefits an entire organisation. He has contributed to the implementation and support of numerous EPM solutions covering the entire development and implementation cycle in various industries. Before joining inlumi, Nathan was the Subject Matter Expert at The Guardian for the internal Hyperion Planning system.

    Avoiding a catch 22 situation

    October 7th, 2021 | Nathan Goodearl

    You may or may not be familiar with the “catch 22” idiom. It is where one is trapped between two contradictory conditions, a somewhat inescapable paradox. It is a situation that I frequently come across when discussing the benefit of an Enterprise Performance Management (EPM) solution. Organisations are in desperate need of a tool that streamlines their FP&A processes, but the team involved shudders at the thought of implementing a solution.

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    The Benefits of Multi-Year Workforce Planning

    September 21st, 2021 | Nathan Goodearl

    It is a reality that employee-related costs comprise a significant percentage of an organisation’s operational costs. Typically, a Workforce planning solution caters to the traditional finance cycle of the annual budget and the year-to-go periods of the quarterly forecasting. If an organisation wanted to perform long-term planning of Workforce costs, this was done at a cost centre level with a subset of accounts. The COVID pandemic triggered an emphasis on the costs, with organisations quickly looking for ways to gain further insight into them. A critical aspect in the decision-making is truly understanding where these costs are.

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    Rapid Planning: The end of the traditional cycle

    September 7th, 2021 | Nathan Goodearl

    When I ask organisations how frequently they perform a forecast, the response is almost universally the same: every quarter with an annual budget. Mid- to long-term planning was often done manually in Excel even if an Enterprise Performance Management (EPM) solution was in place. The focus was on the short term with special attention to the budget.

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    Stuck in Excel hell?

    January 9th, 2019 | Nathan Goodearl

    As a Financial Controller, you might love Excel. But simply using spreadsheets for the creation of your budget or forecast has significant consequences.

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