Structure creates clarity: the STRUCTURE principle of IBCS
Welcome back to our continuing series on the International Business Communication Standards (IBCS). In this article, we will take a closer look at the fourth principle of the SUCCESS formula: STRUCTURE. This principle emphasizes the importance of a clear and logical structure in reports and presentations. What does STRUCTURE mean? STRUCTURE stands for "structuring". In business communication, [...]
Analysis of margins and prices for articles and customer groups
Do you know the margins of your articles? Many companies know which customer generates which turnover or which articles are the most successful. But what about the margins? These are crucial, as they depend directly on purchase prices and sales prices. And only if you know these can you manage your prices optimally. In this blog article, we would like to [...]
Clear messages, strong impact: the SAY principle of IBCS
Welcome back to our series on the International Business Communication Standards (IBCS). Today we dive deeper into the SAY principle of the SUCCESS formula. SAY, the third element of this formula, plays a key role in how clear and meaningful messages can be conveyed in reports and presentations. What does SAY mean? SAY stands for "express". In the [...]
Magic Excel files - Automated data updating for greater efficiency
Who isn't familiar with monthly reporting, budget monitoring and sales reports? For many of us, this usually means logging into an ERP system such as Microsoft Dynamics once a month, downloading the required data and copying it into Excel or PowerPoint. This manual process is not only time-consuming, but also carries the risk of errors and outdated data. [...]
How companies can leverage hidden profit potential through targeted margin analysis
In the business world, everything revolves around the margin, not just turnover. Because while turnover describes the size of a company, the margin shows how profitable it actually is. The margin tells you how much profit a company makes from its revenue after costs have been deducted. A detailed margin analysis - especially [...]
Consistency creates clarity: the UNIFY principle of IBCS
Welcome to another article in our series on the International Business Communication Standards (IBCS). Today we will take an in-depth look at the UNIFY principle of the SUCCESS formula. This principle plays a crucial role in the standardization of business information to promote clarity and comprehensibility. What does UNIFY mean? UNIFY, the second element of the SUCCESS formula, stands for [...]
Effective business communication thanks to IBCS
Welcome to the first installment of our series on the International Business Communication Standards (IBCS). In this series, we will dive into the world of IBCS, a framework developed to standardize the way we present and communicate business information. This framework, created by Prof. Dr. Rolf Hichert, sets clear [...]
Integration of planning and reporting with Acterys in Power BI
In many companies, planning and data analysis go hand in hand. In order to manage a company successfully, decision-makers must always keep an eye on the comparison between actual and planned values - in areas such as sales planning, budget planning, forecasts, sales, liquidity and price planning. Well thought-out planning is crucial not only to manage departments internally, but also to [...]
My volunteer work for the city vacations in Gelnhausen - thanks to data4success for their support
I'm Manuel John and I've been a passionate volunteer youth worker at the "Stadtferien" in Gelnhausen for over 10 years - a one-week vacation camp for children aged between 5 and 13 organized by the Protestant church community. From July 14 to 20, 2024, I was once again able to be part of this wonderful team of over 30 volunteers [...]
Profit increase: Automated P&L for profit centers
In the modern business world, efficient financial management is a key success factor. Many companies are faced with the challenge of automating their interactive profit and loss statement (P&L). What is often not realized is the enormous benefits that automation and interactivity can bring to financial management at a corporate level and in each individual department. In this article we show [...]