April 2016 – Industry Summary

Austin Reed

Hot on the heels of BHS’s collapse, Austin Reed follows suit
Posted by David Shukri
April 29th 2016

Well, this time it’s a retail centenarian that has hit the buffers. This time it’s posh tailor Austin Reed, proving modern retail cares little for status or reputation. While its owner’s conduct might not be under the spotlight in the same way as BHS’s, it’s impossible not to ask what they’ve been doing since turnover started falling back in 2011.

Anaplan AnnouncementAnaplan Announcement
April 27th 2016

Following on from the appointments of a CFO and CRO with experience building multi-billion dollar companies, Anaplan has initiated a search for a new CEO. Having delivered another first quarter record in bookings, the board has thanked Frederic Laluyaux for his success in building a great company that continues to grow at tremendous pace. We look forward with confidence to the next phase of Anaplan’s growth. During the search process, CFO James Budge and CRO Paul Melchiorre will lead the company with the support of Chairman Bob Calderoni.

Piggybank

Zero Based Budgeting – is it right for your business?
Posted by John O’Rourke 

Host Analytics
April 21st 2016

There are a variety of different budgeting techniques that businesses can utilize to allocate capital across departments. Traditional budgeting is the most common used approach. This is the top down method of targeting, applying a growth rate to prior year budgets, that many organisations employ. Zero based budgeting is a less common approach that’s getting more attention recently, and it can provide some benefits over traditional budgeting. 

IDU Client Base

7th Annual User Conference 
Posted by Kevin Phillips
IDU Software
April 18th 2016

CEO, Kevin Philips shared the amazing consistent growth and success of the past few years, from revenue to the variety of industries we serve to our client base itself. This also included the exciting news that the idu brand is no longer an exclusively South African brand; with idu-Concept being marketed and sold globally through independent distributors in Southern Africa, East Africa, Asia Pacific, the Middle East, the United Kingdom and Europe.

Prophix 12The Product Evolution Journey of Prophix Version 12
Posted by Geoff Ng
Prophix
April 6th 2016

Prophix Version 12 is a step forward in our product evolution journey, with an enhanced user experience and newly added web client with browser access, users can better access the essential information they need to do business.
Some of the new product highlights include:
• Re-developed User experience.
• HTML5 Web client.
• New Dashboard Studio.  
• Redesigned Workflow Tasks portal.
• Enhanced navigation and layout selection user experience in Ad hoc Analysis and Templates. 
• Line item schedules and cell commentary.