inlumi blog

    inlumi blog

    Cutting costs without losing capability

    May 4th, 2022

    Many CFOs sense that there are pockets of inefficiency in their organisations. They then contract one or more consulting firms to help rationalise spend and streamline operations. The theories brought to the table by the consulting firms are fantastic and stem from either deep experience or benchmarking.

    Read more >

    I predict that...

    January 27th, 2022 | Nathan Goodearl

    There isn’t a one-size-fits-all approach to budgeting or forecasting. Some organisations keep it relatively high-level using a subset of accounts, while others conduct planning at the same levels of actuals. There is one common denominator, however: speed.

    Read more >

    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.

    Read more >

    Making informed decisions with what-if analysis in Oracle EPM Cloud

    April 8th, 2020 | Madeleine Löfblad

    Organisations need to be continually on the lookout for potential threats arising from a competitive and ever-fluctuating market. By challenging your assumptions and planning for multiple scenarios, you will be better equipped to make informed decisions. What-if analysis in planning can enable you to evaluate potential future outcomes and to create an understanding of how different variables can affect your business goals. These variables can be anything from sales, cost of sales, personnel costs, margin, etc.

    Read more >

    Modern FP&A: The insights you need without wasting time

    January 22nd, 2020 | Sander van Yperen

    In many organisations, planning processes are still too siloed and manual to support making the right and timely decisions. A modern Financial Planning & Analysis (FP&A) function generating forward-looking and connected insights - without wasting time – is key for organisations to thrive in today’s dynamic environment. In this article we will address why a modern FP&A function is important and what you need to do to make that happen.

    Read more >

    Domino’s Pizza streamlines the planning process with Oracle EPM Cloud

    June 25th, 2019

    In 2016, at Domino’s Pizza Netherlands, the use of Excel was reaching its limit. The consolidation of the budget and forecast took over a day to perform. The budgeting and forecasting processes were also not fully aligned across the entities with numerous exceptions.

    Read more >

    Holmgrens Bil adopts Oracle EPM Cloud for budgeting & forecasting

    June 19th, 2019

    Holmgrens Bil, one of Sweden’s largest car dealerships, suffered from lack of a complete planning and budgeting process, with a high amount of manual work and data prone to human error. They wanted to start working with a continuous planning process which can enable better insight on a regular basis. Ideally, this would be performed via a fully digital tool where all data is collected and integrated in one place.

    Read more >

    Ikano Bank optimises its budgeting and forecasting with Oracle Cloud

    May 17th, 2019

    In 2018, after a recommendation by Oracle, Ikano Bank approached inlumi with the request to automate their budgeting and forecasting process and simplify the usage. Their ambition was to enable faster decision-making and decrease time-to-market with improved data quality, while improving the lives of finance staff.

    Read more >

    SBAB Modernises Budgeting and Planning with Oracle Cloud

    April 1st, 2019

    SBAB Bank, a Swedish bank focused on mortgage lending and borrowing, was experiencing limitations in their existing EPM solution. After working for several years with Oracle Planning and Budgeting on-premise, they started looking into a more cost-effective Cloud-based way to deliver the same service to the organisation but also to provide more interactive and self-service reporting analytical tools. 

    Read more >

    Six mandatory steps for implementing a planning software solution

    January 24th, 2019 | Martin Lundbye

    Will the software solution solve my planning issues?

    In recent years, we have experienced many new software solutions for planning, budgeting and forecasting (PBF). Companies have acquired and implemented new software solutions with the anticipation that their PBF issues disappear like snow in the sun.

    Read more >