A Best-of-Breed, Best-in-Class Management System
In his three years at plumbing and cabinetry products maker Elkay Manufacturing Co., VP of finance John Hrudicka has harnessed a wide range of enterprise intelligence systems, including BPM, profitability analytics, and the Balanced Scorecard. In a recent interview with blogger Steve Player, he explained how Elkay forged these components into a coherent whole....
Fast, Classy, and SaaSy
Following a change of ownership in 2007, Red Roof Inns Inc. needed to revamp its budgeting and planning systems — fast. But the hospitality giant wasn’t about to settle for a one-dimensional stopgap. BPM talked with Shawn Anderson, Red Roof’s director of financial planning and analysis....
A Toast to Pervasive BPM
Luxury wine and spirit importer Moët Hennessy USA operates in over 50 markets using a performance indicator system that each employee can easily access. BPM Magazine spoke with Laurel Schechter, the company’s Cognos business intelligence manager, and Wayne Walsh, director of commercial management, who have one thing to say to finance pros who are considering performance management software: “Invest!”...
Case in Point: An Interview with Paul Schuster, VP of Corporate Finance at Trustmark
Since the start of this decade, insurance giant Trustmark has been achieving profits two and three times higher than any it had generated previously in its 90-year history. Paul Schuster, Vice President of Corporate Finance and Treasurer, attributes this success to a monthly business performance review process of extraordinary depth....
Performance Management From the Ground Up
As part of a massive overhaul of its technology infrastructure, Integrated Electrical Services (IES) implemented three major systems in the space of two years. Randy Guba, the firm's executive vice president and chief financial and administrative officer, reflects on the experience in a recent interview with blogger Steve Player....
Case in Point: Slashing a Path Through Complexity
BPM Magazine spoke with Donna Ritchie, Houghton Mifflin Harcourt Publishing Co.'s vice president of financial services, publishing, and operations, about how performance management software is transforming the company's product development and purchasing processes....
Case In Point: More Real Time, Less Wasted Time
Vocus Sells Information and software to public relations professionals on a subscription basis. What-if scenarios and variance analyses are crucial to...
Case In Point: When Trust Is King
In 2004, Art Barter was the vice president of finance for Datron World Communications, a division of Titan Corp. in San Diego that produced military communications...
ONLINE EXCLUSIVE: BPM’s Wow Factor
Insurer Flagstone RE implemented business performance management (BPM) software in the fall of 2007 to gain better control over an exclusively Excel forecasting process....
Sweetening Up The Planning Process
In December 2007, cookie maker Otis Spunkmeyer turned to a hosted software package to improve its budgeting and sales forecasting processes. Today, the finance team wishes only that they had decided much sooner to stop relying on Excel for business performance management (BPM)....
Case In Point: Efficient Budgeting Is No Joke
Two years ago Vicor Corp., a Massachusetts-based manufacturer of power supplies and other electronics components, was fairly sophisticated in most areas of business management....
Case in Point: BPM Is Radiant in Solar Field
For GT Solar Inc., a producer of capital equipment used in the manufacture of solar-energy technologies, an Excel-based planning and budgeting process did a poor job of supporting management decisions. ...