ISG Software Research Analyst Perspectives

Board Goes All-In for External Data and AI to Improve Performance

Posted by Robert Kugel on 15 April 2025

ISG Research recently announced the results of its Business Planning Buyers Guide for 2025. We rated Board Exemplary and a leader in customer experience and in reliability. Board recently launched two external data offerings that significantly strengthen the capabilities of its planning software. Its Board Foresight is designed to support more effective and potentially more accurate forecasting... Read More

Topics: Office of Finance, Business Planning, digital finance, Consolidate and Close Management

The EU Scaling Back Sustainability Reporting Mandates

Posted by Robert Kugel on 25 March 2025

The recent recommendation by the European Commission to scale back the scope, granularity and timeline for sustainability reporting represents a sea change in this form of corporate disclosure requirements. If enacted, it will substantially reduce or eliminate the reporting requirements for many enterprises, especially small to midsize establishments, as well as provide more time for compliance.... Read More

Topics: Operations, Supply Chain Planning, Business Planning, Supply Chain, Sustainability Management

What Analysts Should Do When Anyone Can Analyze with AI

Posted by Robert Kugel on 12 March 2025

One of the promised benefits of artificial intelligence (AI), Generative AI (GenAI) and agents is that they can make everyone their own financial and business analyst. It’s true that these technologies can make it possible for everyone to access once hard-to-reach data (with suitable permissions), unleash agents to assemble the data into useful tables and charts along with commentary describing... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, AI, AI and Machine Learning

Prophix’s FP&A Plus Brings Higher Performance to Midsize Enterprises

Posted by Robert Kugel on 19 February 2025

While headlines tend to focus on flashier topics, arguably the biggest business impact from technology advances over the past two decades has been on helping midsize enterprises improve their performance. These organizations have the same requirements as larger ones but have fewer resources to address those needs. Prophix has been at the forefront of using technology innovation to close that gap... Read More

Topics: Office of Finance, Business Planning

Adapting to Higher Inflation Longer with Profitability Management

Posted by Robert Kugel on 05 February 2025

In anticipation of conditions that suggested accelerating price increases, I wrote in 2021 about how technology could be useful in an inflationary period, anticipating the world we live in now. Responding effectively to changes in costs is always challenging, but even more so because of the choppy and chaotic nature of the current environment. Inflation may have abated from its highs throughout... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, Subscription Management

External Data Supports More Accurate Planning

Posted by ISG Research on 15 January 2025

I recently completed the latest edition of our Business Planning Buyers Guide, which reviews and assesses the offerings of 14 providers of this software. One of the points that I look at is whether and to what extent the software provider offers out-of-the-box external data useful for forecasting, planning, analysis and evaluation. What I discovered is that the availability of this type of vital... Read More

Topics: Office of Finance, Analytics, Business Planning, AI and Machine Learning

Let’s Put the “A” Back in FP&A

Posted by Robert Kugel on 09 January 2025

When considered at all, unintended consequences are expected to be negative. As enterprises and institutions rush to adopt artificial intelligence and generative AI, the focus is on the potentially unforeseen—and unforecastable—unfavorable outcomes. However, one very likely positive impact of AI investments in business computing is the near-effortless availability of consistently reliable data... Read More

Topics: Office of Finance, Analytics, Business Planning

A Planning Center of Excellence Delivers Performance Improvement

Posted by Robert Kugel on 07 November 2024

Artificial Intelligence and generative AI are beginning to change how enterprises do many things, especially planning and budgeting. This technology has the potential to significantly redefine the mission of the financial planning and analysis group. It will do so by substantially reducing the time spent on the purely mechanical aspects of day-to-day tasks. AI is also making it easier for... Read More

Topics: Office of Finance, Analytics, Business Planning, Workforce Management, AI and Machine Learning

Generative Automation: An Alternative for Process Optimization

Posted by Robert Kugel on 05 November 2024

Agents are all the rage—and for a good reason. They are a way to automate work almost effortlessly so that repetitive and boring tasks get done with the least amount of effort on the part of the operator. In business, agents can be a boon for customer satisfaction and a way to improve worker productivity. They are alluring, with an almost unlimited number of potential use cases. However, as... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, natural language processing, AI and Machine Learning, Digital Applications, Order-to-Cash

Should I Stay or Go? Migrating to AI-Enabled Applications

Posted by Robert Kugel on 15 October 2024

Artificial intelligence-enabled business applications have advanced considerably over the past year as software providers have added a steady stream of capabilities. This includes customer facing, financial, supply chain and workforce software. ISG Research asserts that by 2027, almost all providers of business applications will use some form of generative AI to enhance capabilities and... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting

The Prophix One Platform Supports a More Effective Finance Department

Posted by Robert Kugel on 17 September 2024

Prophix launched its Prophix One platform earlier this year. CFOs of midsize enterprises should take a look at it because it supports a more effective approach to finance and accounting operations in growing companies. It facilitates the transition of organizations that can no longer make do with work-arounds of existing systems to those with formal, controlled core processes that can be... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, AI and Machine Learning

OneStream Splash Highlights Practical AI Advances

Posted by Robert Kugel on 15 August 2024

OneStream offers a platform designed to serve the needs of accounting and financial planning and analysis (FP&A) organizations. The software handles financial close and consolidation, planning and budgeting, analysis and reporting. OneStream recently held its annual user conference, Splash, in Las Vegas. In attending this meeting, my focus was on progress the company has made in the areas of... Read More

Topics: Performance Management, Office of Finance, Business Planning, ERP and Continuous Accounting, AI and Machine Learning, Digital Applications

Resilient Supply Chains and AI to Manage Costs

Posted by Robert Kugel on 23 May 2024

Rebalancing supply chains to improve resiliency has been a focus of enterprises with even moderately complex and long supply chains for the past four years. One aspect of this rebalancing is that it almost always involves higher costs. Volume discounts and bargaining power are reduced when more suppliers are used, or an alternate supplier may have higher factor costs and therefore must charge... Read More

Topics: Continuous Planning, Business Planning, Product Information Management, Operations & Supply Chain, Continuous Supply Chain & ERP

Oracle Demonstrates Embedded AI for Productivity Gains

Posted by Robert Kugel on 21 May 2024

Oracle held an industry analyst summit recently where the focus was on artificial intelligence (AI) and embedded AI. At the event, Oracle demonstrated progress in adding useful AI-enabled capabilities to its business applications, especially in finance and accounting, supply chain, HR and revenue management. To put this into context, across the software industry, AI is already at work in many... Read More

Topics: Office of Finance, Analytics, Business Planning, ERP and Continuous Accounting, AI and Machine Learning, Order-to-Cash

The CFO AI Trilemma: Cut Costs, Accomplish More or Both

Posted by Robert Kugel on 13 May 2024

We’re quickly approaching the moment when it becomes clear that artificial intelligence (AI) and generative AI (GenAI) will not be free. As that happens, we will discover who’s willing to pay how much and for what. After nearly 18 months of unlimited use-case fantasizing, it should be obvious that not all the potential applications of AI can be realized over the next three to five years because... Read More

Topics: Office of Finance, Analytics, Business Planning, ERP and Continuous Accounting, Order-to-Cash

Sage Intacct Enhances Its Roadmap for AI and Generative AI

Posted by Robert Kugel on 15 April 2024

Sage Intacct recently held its annual user conference, and while there were plenty of product announcements and roadmap presentations, my focus here is on the artificial intelligence elements. AI–both predictive and generative–is the most important capability and differentiator in software aimed at finance and accounting departments. Ventana Research asserts that by 2027, almost all vendors of... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting

Productivity by 1,000 Cuts: Building AI Feasibility From the Bottom Up

Posted by Robert Kugel on 05 March 2024

After a year of near-constant AI chatter, the broad strokes of how the technology will roll out in business over the next three to five years are coming into place. It’s almost trite but worth repeating that artificial intelligence will drive a substantial boost in productivity as it’s adopted. Rather than making large swathes of jobs obsolete, it will take the robotic work out of those job... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, AI, Order-to-Cash

Why AI Should Be a Focus for the Office of Finance

Posted by Robert Kugel on 28 February 2024

With a year of AI-everywhere-all-the-time chatter now in the rearview mirror, finance and accounting department executives appear to be in a state of apprehension and well-tuned skepticism about the impact this technology will have on their organization. There are solid reasons to believe that the next few years will be transformative, making it important for departments to adopt a fast-follower... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, Order-to-Cash

Planning to Get Ahead of What’s Next in the 21st Century

Posted by Robert Kugel on 22 February 2024

We live in an era of uncertainty, not unpredictability. Managing in uncertain times is always difficult, but tools are available to improve the odds for success by making it easier and faster to plan for contingencies and scenarios. Software makes it possible to manage ahead of any future event, connecting the tactical trees to the strategic forest. The purpose of planning is not just to create a... Read More

Topics: Office of Finance, Continuous Planning, Data Management, Business Planning, data operations, AI and Machine Learning

Technology Makes Purchasing More Effective

Posted by Robert Kugel on 20 February 2024

Digitally transforming finance operations has been a priority since 2020. For purchasing and the procure-to-pay cycle, software can streamline processes, shorten process times, reduce unnecessary costs, provide greater visibility into cash flows, increase control and improve results. Digitizing operations helps attract and retain the best talent because professionals spend less time on... Read More

Topics: Office of Finance, Continuous Planning, Business Planning, Supplier Relationship Management, Continuous Supply Chain & ERP