QVANTUM Blog - Interesting articles about controlling

Controlling Blog 11/3/24

On the Road to Controlling 4.0: How Artificial Intelligence, Robotic Process Automation, and Big Data are Transforming the Financial World

Digitalization is fundamentally changing controlling. Where manual analyses and time-consuming reports once dominated, modern technologies like Artificial Intelligence (AI), Predictive Analytics, Big Data, and Robotic Process Automation (RPA) now enable more efficient and precise financial management.

Controlling Blog 10/20/24

From Excel pro to controlling expert: how to optimize your career

In this blog post, we will show you how to further professionalize yourself through targeted training, which certifications are worthwhile, and how to advance your career through continuous education.

Controlling Blog 10/1/24

When numbers are not enough: How better data analysis succeeds through knowledge transfer

Controlling requires not only the evaluation of figures, but also the procurement of relevant background information for a meaningful interpretation. In practice, however, controllers are often faced with the challenge of incomplete data and missing information, which leads to incomplete analyses and assumptions instead of well-founded explanations.

Controlling Blog 9/29/24

Reliable information in controlling: Why data quality is crucial

Data quality is not just a buzzword in modern controlling but the crucial factor that determines success or failure in analysis and decision-making. Particularly in controlling, where every decision is based on precise data, poor data quality can have serious consequences. But what exactly does data quality mean?

Controlling Blog 9/17/24

Controllers in Focus: The Highs and Lows of an Indispensable Job - Part 2

In this blog post about controlling, you’ll discover why the role of a controller goes far beyond working with numbers and plays a key part in a company’s strategic decision-making. In part 2 of our blog series, we take a look at the „downsides“ of the job and ways you can master them.

Controlling Blog 9/5/24

Controllers in Focus: The Highs and Lows of an Indispensable Job - Part 1

In this blog post about controlling, you’ll discover why the role of a controller goes far beyond working with numbers and plays a key part in a company’s strategic decision-making. Part 1 explores the wide-ranging tasks, the trust of top management, and the responsibilities controllers bear as they help steer companies towards success.

Controlling Blog 9/5/24

Future trends in cost planning: Innovative approaches for controlling

In the dynamic business world, cost planning is crucial to a company's success. This blog article highlights the key trends that will shape future cost planning.

Controlling Blog 9/4/24

Future-of-Costs: How to set the course for the future with your workforce cost planning

“Imagine you are in charge of the HR department of a successful company. Everything is running smoothly, but suddenly economic uncertainties intensify, the shortage of skilled workers increases and personnel costs rise. How do you react?”

Controlling Blog 9/1/24

Between numbers and people: How controllers should handle personal data

HR reportings have long since become an indispensable tool. They provide valuable insights that support managers in making informed decisions, increasing efficiency and achieving corporate goals.

Controlling Blog 8/14/24

Trade fair planning: a balancing act between opportunities and costs

With a total sum that can easily be between 55,000 and 115,000 euros, it becomes clear how crucial it is for companies to have sufficient liquid funds. This sum illustrates that inadequate liquidity management can lead to missed opportunities or even financial difficulties. It is therefore essential to ensure robust liquidity planning that covers all eventualities.

Controlling Blog 8/8/24

Digitalization in German SMEs: Why Excel Is Not Enough for Financial Planning

This article discusses the limitations of Excel for financial and liquidity planning in German SMEs and highlights the benefits of specialized financial planning software to improve efficiency and accuracy.

Controlling Blog 7/28/24

ERP Systems and Financial Planning: Expensive Toys or Valuable Tools?

ERP systems can revolutionize financial planning by providing accurate, real-time data and automated processes. However, companies must carefully consider whether these systems offer real added value or remain merely costly tools.

Controlling Blog 6/30/24

The stumbling blocks of personnel cost planning for controllers: Traditional methods are no longer sufficient.

In this blog post, we look at the 5 biggest stumbling blocks in personnel cost planning and why it's time for a change.

Controlling Blog 6/16/24

Focus on personnel cost planning: Controlling or HR - who holds the reins?

Personnel cost planning is one of the most important tasks in corporate management, but the decision as to which department - HR or Controlling - should bear responsibility is often controversial. In this blog article, we look at the advantages and disadvantages of both approaches.

Controlling Blog 6/8/24

Effective communication with your board & other stakeholders

In the fast- moving business world, effective communication between controllers and management is essential. Here are five steps to help you present your reports and analyses convincingly and increase the acceptance of your work.

Controlling Blog 6/3/24

Avoiding poor data quality - The guide to reliable data

Poor data quality is your biggest challenge and makes your day-to-day work as a controller more difficult than it needs to be. We shed light on the biggest challenges and provide you with a few strategic intervention measures to make your everyday life easier.

Controlling Blog 5/22/24

Cloud software vs on-premises - choosing the right tool

We help you choose the right software, whether cloud on-premises or a hybrid model

Controlling Blog 5/7/24

Agile Planning: One Step at a time

A promising alternative is agile planning, which offers you a more flexible and adaptable method. In contrast to pure annual planning, agile planning allows you to continuously adapt and update your plans based on current data and market developments.

Controlling Blog 4/23/24

Establishing a data culture in companies

Find out how to establish a data culture. From the competent handling of digital data to the promotion of a data-driven mindset.

Controlling Blog 3/25/24

Digital transformation explained simply - Examples & Significance

Digital transformation explained simply: We show you what types of digital transformation there are & what they mean for your company.

Controlling Blog 3/5/24

Everything you need to know about sustainability reporting

How to prepare yourself! Comprehensive guide with answers on all aspects of sustainability reporting for companies.

Controlling Blog 2/13/24

Creating a sustainability report in 9 steps

The guide for companies: Preparation, implementation & controlling - all the steps for creating your sustainability report!

Controlling Blog 1/17/24

ESG risk management and its opportunities for companies

ESG risk management: not just managing risks, but seizing opportunities to secure your company's long-term success!

Controlling Blog 1/4/24

Measurements for protecting your data and privacy

This post will provide a deep dive into security for planning in the cloud, uncover the challenges and risks, and share best practices to protect your organization's data and processes.

Controlling Blog 12/6/23

ESRS standards: Requirements & components of ESG reporting

What do the ESRS standards say and how do you structure your ESG report? We clarify all your questions about the new CSRD requirements from 2024.

Controlling Blog 11/15/23

ESG reporting: What changes are expected in 2024?

Find out more about the new ESG reporting regulations, when they apply and how to implement them!

Controlling Blog 11/8/23

Power BI Reports - advantages and alternatives at a glance

Power BI reports not only bring advantages, but also challenges. We show our tips & alternatives at a glance

Controlling Blog 10/11/23

Modern business planning: using the cloud for secure success

Why should a modern company switch to a planning solution in the cloud? We reveal the reasons here.

Controlling Blog 9/20/23

Say yes to the cloud: advantages of cloud planning at a glance

Do you know the many benefits of cloud planning?

Controlling Blog 8/16/23

Reporting dashboards as the basis for comprehensive controlling

We show you how to access modern reporting dashboards and why they are the secret weapon for efficient controlling.

Controlling Blog 8/2/23

Personnel planning software creates hidden potential

Visualizing HR data would simplify reporting considerably. This is possible with intuitive HR planning software.

Controlling Blog 7/19/23

Example: Personnel cost planning with QVANTUM

Do you want to know how modern personnel cost planning looks like in the software? We show an example of personnel cost planning + functions in QVANTUM.

Controlling Blog 7/5/23

Budget planning: Why you should rely on planning software

You want to get the best possible out of your budget planning? With planning software, your wish becomes a reality.

Controlling Blog 6/21/23

Checklist: What you should look for when choosing controlling software

Here you will learn the most important criteria for more planning efficiency when choosing your controlling software.

Controlling Blog 6/5/23

Efficient business planning: Why automation is the answer

Do you want to know how to make your business processes more efficient in the long term? The answer you are looking for is automation.

Controlling Blog 5/10/23

Eyes on salary planning: How to successfully prepare for your annual employee appraisals

Your annual employee reviews and salary planning require careful preparation. Consider the following and avoid nasty surprises.

Controlling Blog 5/4/23

The health check for your corporate planning

In our health check, we take a close look at your planning solution. Are you already optimally equipped or is it time for a change?

Controlling Blog 4/24/23

Clear data preparation and analysis will drive your business to the top - Part 2: The reporting solution for every business

Work across departments with automated reporting dashboards and save significant effort with rapid decision making.

Controlling Blog 4/5/23

Clear data preparation and analysis will drive your business to the top - Part 1: The problem definition

In 2023, entrepreneurs see clear data preparation and the key to long-term business success. Here we reveal how BI tools can help.

Controlling Blog 3/15/23

Software implementation: Your checklist for a successful implementation

The checklist for a smooth software implementation. Take your chance for business success!

Controlling Blog 1/17/23

Business trends for 2023: Start the new year agile and organized

Agile and automated - this is how companies present themselves in the new year. Take crises as an incentive for process optimization in 2023.

Controlling Blog 1/17/23

Controlling as a business partner: how to advise at eye level

Find out how digitalized processes and agile planning in cloud software are changing controlling.

Controlling Blog 1/2/23

10 reasons for planning software in controlling

Why not continue planning with Excel alone? One look at current developments is enough to see that previous corporate planning has reached its limits in terms of time, user acceptance, transparency and complexity. In cooperation with the ICV, we present 10 reasons why planning software will revolutionize controlling.

Controlling Blog 12/14/22

Cost Controlling - Making the Right Decisions in Times of Crisis

Did you know that cloud-based cost controlling offers you the chance to record your costs and potentials in time and to make the right decisions? We reveal how.

Controlling Blog 11/30/22

Predictive Forecasting - Your Umbrella for Stormy Times

With predictive forecasting, you create all-encompassing forecasts to seize once-in-a-lifetime opportunities and keep them in the clear when the market changes.

Controlling Blog 11/23/22

Acting instead of waiting with agile personnel cost planning

Do you know the gap in your personnel cost planning? How you can get rid of it with QVANTUM, we tell you here.

Controlling Blog 11/9/22

Every company needs the following data for its personnel cost planning

This is how you really make sure you have enough budget for new staff.

Controlling Blog 10/26/22

Improve your data quality sustainably with automated data acquisition

Here you will find immediate measures for a rethink in the company and sustainably better data quality.

Controlling Blog 10/12/22

Put the crowning touch on your digital sales

Digital processes are one of the most important factors for controlling in the future. Here you can find out why the switch is worthwhile and how planning software can help you to the top.

Controlling Blog 9/21/22

The price for poor data quality in companies

Data quality is important and can cost you and your company a lot if you disregard it. Read here why.

Controlling Blog 8/17/22

How planning in the cloud changes controlling

Agile planning, data-based decisions and access to current and transparent data. Our fictitious example shows how smart you can overcome the hurdles in controlling with a cloud service!

Controlling Blog 7/6/22

Stay ahead of the game by using the right tool

Agile business planning can save you from the triumph of others. To ensure that you emerge as a winner in times of crisis thanks to your tool, we'll reveal a smart move.

Controlling Blog 5/18/22

Using the cloud to overcome the shortage of skilled workers in controlling

We show to what extent a lack of agile planning methods is responsible for the perceived shortage of specialists in controlling.

Controlling Blog 4/13/22

How to solve tomorrow's planning problems today

Who said that planning can only follow one path? We'll show you why bottom-up is the best way to get the most out of your business and how a lean cloud solution can take this method to the next level.

Controlling Blog 2/9/22

What you have missed so far in interdepartmental collaboration

Excel is good but it can be even better: Learn here what advantages a cloud solution offers over the outdated methods of controlling.

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