Most planning professionals regardless of the line of business roles, are having difficulties in using their spreadsheets. For them, this software has advantages, too, like its flexibility and familiarity with the process. However, if using with bigger-scale planning management, several issues arise. Different errors displayed when a data is input and values are cut and paste from one cell to another cell. For them, Version control is their number one enemy in the process. Also, when users add extra participants in the process, the whole structures will become unwieldy.

The Solution: Embrace and Don’t Replace

Despite issues and difficulties, the spreadsheet remains as the most reliable and popular productivity tool. How can you utilize this productivity tool for the better, especially when managing large-scale planning environments? The answer is simple: leverage the capabilities of spreadsheets with the help of IBM Planning Analytics for Microsoft Excel. If you’re not familiar, you must understand that this accessible add-on allows you to have a smoother process with Excel spreadsheets.

It wouldn’t be applied without the help of IBM Planning Analytics, which focuses on multiple processes such as planning, forecasting, analysis, and budgeting solutions. For the users to fully-understand this software, a tm1 consultant is responsible for discussing the overview and basic functionalities to the user before the implementation process.

Functionalities According to Your Needs

IBM Planning Analytics for Excel enables users to benefit the overall functionalities and formatting, which includes graphing and built-in features. Starting with the simple drag and drop creation of virtual reports into a highly-formatted presentation with complicated calculations. Plus, these solutions can be controlled according to business needs.

Valuable Business Apprehensions

Deeper business insights are hidden in a plain structure of the rows and columns in spreadsheets. With the use of IBM Planning Analytics for Excel helps uncover those insights and allows the user to discover the date from IBM TM1 together with the other sources for valuable analysis as possible by using spreadsheets alone.

It is not easy starting anything on your own, especially a business. It might seem daunting at first, but if you are planning to invest your money and you are in the consulting industry, starting your own consulting firm is an excellent starting point.

What are Consulting Firms?

Consulting firms employ several consultants that are experts in different industries and fields. As the name suggests, consultants are people who consult or gives advice on different matters. They help clients in various sectors of their businesses from basic questions to the most complex strategies and analysis. Consultants may also be referred to as problem solvers since they are paid to solve your business’ concerns making them an essential part of the company.

The field of consulting is a growing one across the world and the demand for consulting services are bound to increase in the future. Still not sure whether you should take the leap and start your own firm? Here are four reasons to convince you.

Get a Flexible Schedule

Admit it, everybody appreciates a flexible schedule when it comes to working. A flexible work schedule is surely enticing but not a lot of companies are offering them,sowhy not build your own firm? Once you are running your own firm, you don’t necessarily need to get up at a certain time to catch that bus to the office.You still have to work hard though, especially if you want to set an example to your employees.

Fulfill Your Passion

If you have a passion for business and making it grow, a consulting firm is the right choice for you. Nowadays, a lot of business owners are facing the threat of bankruptcy. If you’ve got the flair for it, help them assess where they can improve to grow their business and save their company.

Help People Create More Jobs

A growing business goes hand in hand with job creation and that is always a good thing. As a consulting firm, your goal should be to help businesses create more jobs as they progress. Imagine doing what you love while helping people, isn’t that a treat?

Many Potential Clients

The increasing demand for consultants only meansthere are a lot of potential clients.Lots of businesses nowadays need help and that means more business for you. Yes, for you, a business in trouble is an opportunity to gain another client but it also welcomes the challenge of salvaging their company. This is where your expertise and experience will come in so it’s essential to work hard and learn.