Welcome Business Performance Management Newsletter Subscribers!

Most companies are burdened by multiple charts of accounts due to acquisitions, mergers or departmental reporting inconsistencies. As a result, data gets out of synch, line item detail doesn't match from one business unit to another, and accurate financial reporting becomes extremely difficult, if not impossible. My article, Enterprise Dimension Management: The Meta-Answer Approach to Jumbled Charts of Accounts, reviews this "meta-problem" and suggests a solution that addresses the underlying problem.

In the second article, The Master Data Management Approach: A Compromise Between IT and Finance for Metadata Management, Chris Iervolino discusses how a master data management environment can lead to organizational efficiencies.

I encourage you to make the Business Intelligence Network your premier source for information regarding business intelligence, performance management, data warehousing and information quality.

In This Issue

Enterprise Dimension Management: The Meta-Answer Approach to Jumbled Charts of Accounts
by Craig Schiff
Multiple charts of accounts create never-ending and costly problems because there is no data consistency. Enterprise dimension management addresses the underlying problem and allows company-wide views of performance.

The Master Data Management Approach: A Compromise Between IT and Finance for Metadata Management
by Chris Iervolino
Many IT departments face challenges as they attempt to satisfy finance’s requests while preserving organization-wide data integrity. Master data management can increase end-user satisfaction and establish a more participative managed metadata environment.

Featured White Paper

Get Unified – Free White Paper
Optimizing your financial and operational performance requires a unified performance management solution – one that leverages a single technology framework to ensure the accuracy and reliability of your planning, reporting and decision-making activities.
Free OutlookSoft white paper: The Essential Ingredients for Effective CPM

Web Events

Eliminate Doubt and Build Confidence in Data with Enterprise Information Management
May 17 at 12 p.m. ET
How committed is your organization when it comes to managing information? Author and consultant Jill Dyché examines the role enterprise information management plays in business intelligence. Join us to learn why an organized framework around data management is necessary for business intelligence success.
Register today!

De-Mystifying Your Operational Performance
June 14 at 12 p.m. ET
Join Claudia Imhoff for this valuable Web seminar that will define operational performance management (OPM), review the business drivers and explain the enterprise nature of OPM. She will also discuss how OPM differs from traditional BI and BPM, and the business benefits of OPM.
Register today!

Better, Faster Response – Turning Active Enterprise Intelligence Into Competitive Advantage
June 15 at 11:00 a.m. ET
Ever wonder why Travelocity is so successful? It’s all about leveraging Active Enterprise Intelligence. Join Claudia Imhoff, Travelocity and Teradata as they explain the benefits of aligning business strategy with execution to improve response time to customers, competitors and marketplace changes.
Register today!