Asset Management

In 2006 the world economy was booming, partly on the back of triple-A investment innovations. Then, suddenly, the boom ended. What fascinates the authors is the fact that almost no one saw the 2008 economic crisis coming. In this article, the authors come to terms with the reality that, in economics and business, accurate forecasts aren't possible. Therefore, they say, managers need to develop a different attitude about the future.

Activity-based budgeting has been discussed for some time, but becomes far more practical with a Time Driven Activity-Based-Budgeting (TDABC) model. Using this approach, a company can now link its strategic plan and sales and production forecast to the specific demands for capacity required for implementation. This chapter introduces the powerful new extension of the TDABC model to perform what-if analysis and activity-based budgeting.

In describing what forecasters are trying to achieve, Saffo outlines six simple, commonsense rules that smart managers should observe as they embark on a voyage of discovery with professional forecasters: Map a cone of uncertainty, look for the S curve, embrace the things that don't fit, hold strong opinions weakly, look back twice as far as you look forward, and know when not to make a forecast.

Bjarte Bogsnes holds the unique distinction of being the only person to have "blown up the budget" at more than one company: at his previous employer, the European plastics manufacturer Borealis, and at his current one, Statoil, the Norwegian oil giant. A dedicated champion of the Beyond Budgeting movement, Bogsnes takes the concept of rolling forecasting-itself a relatively new approach-one big step further, with dynamic forecasting.

This paper acts as a well-qualified resource to support the validity of how outsourcing key HR functions can produce positive business results.

This white paper provides valuable insight on how to build an HR strategy that produces results in any economy.

If you need improved functionality and automation, tighter internal controls, and greater visibility, it may be time to switch to a new accounting system. How can you be sure?

Improve your company performance and make finance more productive with Intacct's award-winning and AICPA preferred provider of cloud based accounting software.

This whitepaper unveils research that shows how banks are moving beyond organization silos, infrastructure complexities and other constraints -- toward an operation focused on the client.

Download this white paper to understand how these changes create a need for new processes and systems to achieve compliance and drive the need for new and broader skills within financial and real estate personnel.

For many companies in the U.S., Europe and many other countries, the pending changes to real estate and equipment lease accounting will result in a multi-billion dollar impact on the company balance sheet. These changes will create a host of ancillary effects beyond compliance that finance and real estate executives and professionals will need to address. Download this on-demand webcast to learn more.

For many companies, facilities operations and management represent a significant business cost. Thinking of fixed assets as a source of economic advantage allows companies to optimize their processes and resource use to simultaneously reduce environmental impacts and lower cost.

This updated white paper includes additional important provisions created by The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 and Revenue Procedure 2011-26. When you look at the rules for bonus depreciation, you'll see that what started out as a simple boost to depreciation has become more and more complex.

The process of auditing a company's fixed assets can, however, be easily improved. The requirement for conducting an inventory of fixed assets has not changed. What can change is how a company conducts an audit and the level of commitment it has to reducing risk and making the process more accurate and cost effective.

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are jointly working on a replacement for the current lease accounting standards. The paper discusses how to create an action plan to prepare for this replacement.

While a business case is all about the numbers, knowing how and when to push the proposal through the approval process requires an understanding of the psychology behind how proposals are selected and funded. Learn the tools and strategies to develop a business case and gain approval.

Read how IBM Maximo provides a single work and asset management platform that enables operations to quickly see recurring issues, automate escalation and communication, and maintain comprehensive asset histories for governance requirements.

This high-level Flash video provides an overview of how the IBM Smarter Planet campaign can help improve facilities management. By using IBM Maximo Asset Management, facilities managers are enabled to create smart buildings that reduce overall energy use and are operationally efficient.

Jack Porco from William Beaumont Hospital and Mike Stephens from Atkins give an overview of their use of IBM Maximo Asset Management for facilities management and how it helped them run their buildings... smarter.

Are you getting as much value as you can out of your budgeting, monthly reporting, and what-if scenarios? Are they really creating strategic value? Let us help you.

Join us for an informative webinar and learn how easy it can be to create exceptional value through FP&A. You will hear case studies describing how leading retailers worldwide have been able to move beyond Excel and save time, enhance companywide collaboration, and improve business decisions - ultimately resulting in higher revenues and profits. And you'll also see a demo of how Adaptive Planning's award-winning software creates value for retailers.

This white paper looks at managing securities trading data based on a robust process and technology infrastructure.

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