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Business Management and Process Consulting Blog

Press Release! - Asyma is proud to announce our partnership with Sage Intacct

Posted by Rob Greeno on February 5, 2019 at 10:55 AM


Asyma and Sage have teamed up to provide a fully cloud based solution that is rated #1 in customer satisfaction by G2 Crowd winter 2019 edition. 

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Topics: Productivity, Consulting, Employee Engagement, Business Process, Non-Profit, Automation, Technology, Guiding Great Businesses, Customer Satisfaction, Customer Service



Information Collision

Posted by Kelson Smith on September 25, 2018 at 7:15 AM


Operational Visibility

Information discovery and analysis is arguably the bedrock of human endeavor. It provides us with the necessary firepower to embark on business ventures, protect our assets, and build our spheres of influence. Good leaders will do well to seek out good information.

Thereafter, a book entitled Lincoln on Leadership: Executive Strategies for Tough Times by a gentleman named Donald T. Phillips outlines the habit Abraham Lincoln had of “running into” new information. Lincoln strode around the Whitehouse listening, as well as taking time to interview several townsfolk in the Whitehouse while he was in office. The result was he would often collide with new ideas, leading to thought generation and often influencing his interactions as a leader.

The same is true of our business. A dominant reason for meeting with clientele is due to the process of idea generation. New intel leads to fresh thought – And potential innovation thereafter, all resulting from the literal collision of individuals with data. This underscores the importance of regular face-time with our clients: It provides the basis for providing superior service thru understanding and recognizing the needs and challenges of those we serve. Thus, take the time to be present and collide with new information – Both for the sake of good business and good service.

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Topics: Productivity, Business Process, Technology, Guiding Great Businesses, Sage Software



Strategic Leadership Association – What I learn every retreat

Posted by Rob Greeno on August 21, 2018 at 7:00 PM


I have been attending the SLA (Strategic Leadership Association) retreats for years now.  Each one has given me some new tools and techniques to better my business. The topics are always something useful to the business world but not why I attend.  I attend because of the wealth of knowledge in the room at each retreat.  The room is filled with business owners and managers that have a combined knowledge far greater than anything I could have imagined.  Being able to hear how they have improved their businesses, what has worked, what hasn’t worked and where they plan to get to in the future and how they will get there has been immeasurable in terms of value.

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Topics: Productivity, Consulting, Employee Engagement, Business Process, Automation, Technology, Guiding Great Businesses, Customer Satisfaction, Customer Service



Is Continuous Budgeting the Answer?

Posted by Keith Greeno on June 13, 2017 at 10:30 AM


Budgeting is one of the most stressful times for all non-profit organizations and for-profit companies. This is usually annual process where management of each department must set their expenditures for the full year. Many times, the whole process of budgeting can take more than 3 months, waste a significant amount of management time and result in questionable budget amounts at best. Is Continuous budgeting the answer?

Continuous budgeting is the process of continually adding one more month to the end of a multi-period budget as each month goes by. This approach has the advantage of having management constantly reviewing the current month actuals amounts and then budgeting for the same month out one year. This incremental approach allows you to focus on only one month at a time instead of a whole year. The management is always looking forward instead of the rear-view mirror with historical financials. The downside of this approach is that it requires management to think about the future once a month, which may also be a good thing depending on how you look at things. If an organization uses participative budgeting to create its budgets on a continuous basis, then the total employee time used over the course of a year is substantial without the use of budgeting technology.

Continuous budgeting removes some of the rigidity and provides quicker reactions to changing conditions from the typical annual budgets. They may also reduce the amount of year end budget spending frenzy that is common with annual department budgeting (Spend it or loose it mentality). The new budgeting and planning solutions currently available can make the implementation of a continuous budgeting process much easier and reduce the annual stress of preparing the budget for the full year. By focusing on the organizations goals, one month at a time and using real-time current financial information, the accuracy should also greatly improve. Maybe its time for you and your organization to consider available solutions?

Check out our presentation on Thursday, January 15th on Budgeting and Planning.  Click Here for more information and to register for this complimentary event.  

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Topics: Non-Profit, Automation, Budgeting and Planning, Budgeting, Technology



Non-Profit Budgeting - Let's Get Real

Posted by Keith Greeno on May 29, 2017 at 11:32 AM


Spending less than you bring in is often cited as the most important non-profit finance goal. It helps you stay out of debt, save for emergencies and stash money away for future projects. It is the primary control that enables you to achieve some level of financial long-term stability. Many governments seem to forget this very basic fact. They don’t think that financial dead ends like what has happened in Greece can happen to them. Non-profits don’t have the luxury of continuous deficit spending; therefore, budgeting is essential to meet the objective of the organization. Budgets are simply the roadmaps to achieve strategic non-profit goals.

But, how do we make this whole process easier? How do we reduce the 5 major budgeting issues?

  1. Reducing the decentralized data and department silos of information
  2. Controlling the preparation process, multiple revisions and related backup information
  3. Reducing the time to prepare the budgets (complete process can take more than 3 months to complete and approve)
  4. Improving the accuracy of the information with consistent documentation
  5. Improving the timeliness of the budget (Produce the budgets frequently enough to help decision making to help focus on strategic goals)

The answer to these questions is through using technology effectively in our organizations. Spreadsheets are not automation. Let’s get real and understand that they are only a tool. There are solutions available that can take the prior history from your accounting system and send it to the appropriate department manager. The information is in a format that they can use to easily create a new budget. This budget has all the related documentation available and linked to details for the budget information. The budget can then be rolled up into other levels, like divisions and organizations. With this setup, changes are easy to make, all being tracked and the approved budget can be quickly linked with your accounting system to provide timely reporting and improved decision making. These budgeting and planning systems can solve all the major budgeting issues and are very inexpensive to implement within organizations.  (For more info Click Here)

So, let’s get real and understand that the current budget processes are a pain and result in significant amounts of wasted time and effort. Let’s use the existing technology, accounting and management processes to make our budgeting less stressful.

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Topics: Non-Profit, Automation, Budgeting and Planning, Budgeting, Technology, Controlling Non-Profit Spending