You use multiple database for different use cases in our organisations and it's difficult to pull that information together in a coherent way

Too many modern organizations find themselves with a complicated database structure that relies on a vast number of different tools and setups.  Typically this happens over time as different players seek the right tools for their specific needs, without thinking deeply about how it fits into the overall ecosystem.  As such, you get an array of different technologies that don’t fit well together and require precious technical resources to manage data transfers, data quality, and conversion errors that can be rather tedious.

But more than the challenges that arise, there is also significant opportunity cost when you’re working with multiple databases at once.

You use multiple databases for different use cases in our organisations and it's difficult to pull that information together in a coherent way.

Too many modern organizations find themselves with a complicated database structure that relies on a vast number of different tools and setups.  Typically this happens over time as different players seek the right tools for their specific needs, without thinking deeply about how it fits into the overall ecosystem.  As such, you get an array of different technologies that don’t fit well together and require precious technical resources to manage data transfers, data quality, and conversion errors that can be rather tedious.

But more than the challenges that arise, there is also significant opportunity cost when you’re working with multiple databases at once.

The value of one all-encompassing data warehouse

When your data is split across different systems, you miss out on so much serendipitous discovery because you never have a holistic view of all the data at your disposal.  It’s nearly impossible to spot correlations and important relationships between data that lives across different structures.  And even if you do, it’s difficult and time-consuming to do so.

Having all your data in one warehouse allows for you to perform advanced analytics on everything that you have access to, enabling an entirely new range of opportunities for data-driven insights. 

Just by having everything in close proximity, you create discoverability and cohesion that can transform how your business responds to data.

We all hear of the magic that is coming from the world of machine learning and data science, but all that starts with a well-structured data warehouse that is working at full power.  This has to be a priority if you want to compete in the data Olympics that we find ourselves in.

The value of one all-encompassing

data warehouse

When your data is split across different systems, you miss out on so much serendipitous discovery because you never have a holistic view of all the data at your disposal.  It’s nearly impossible to spot correlations and important relationships between data that lives across different structures.  And even if you do, it’s difficult and time-consuming to do so.

Having all your data in one warehouse allows for you to perform advanced analytics on everything that you have access to, enabling an entirely new range of opportunities for data-driven insights. 

Just by having everything in close proximity, you create discoverability and cohesion that can transform how your business responds to data.

We all hear of the magic that is coming from the world of machine learning and data science, but all that starts with a well-structured data warehouse that is working at full power.  This has to be a priority if you want to compete in the data Olympics that we find ourselves in.

How Apliqo can simplify your database strutures for maximum results

IBM Planning Analytics with Watson (TM1) and Apliqo were built with this objective in mind – to combine all your financial planning and analytics into one place so that you can make the right decisions with all the information at your fingertips.  The system helps to pull together diverse sets of information into reports, dashboards, and outputs that make sense of all the chaos.  By combining all this information into one easy-to-use interface, Apliqo can become the financial hub for your organization – acting as the source of truth that everyone can refer to.

Add onto this the advanced analytics that comes along with it, and you have a powerful database that routinely uncovers new ways to improve performance and optimize operations.  It’s one of those things that you’ll only really appreciate when you see it with your own eyes.

How Apliqo can simplify your database structures

for maximum results

IBM Planning Analytics with Watson (TM1) and Apliqo were built with this objective in mind – to combine all your financial planning and analytics into one place so that you can make the right decisions with all the information at your fingertips.  The system helps to pull together diverse sets of information into reports, dashboards, and outputs that make sense of all the chaos.  By combining all this information into one easy-to-use interface, Apliqo can become the financial hub for your organization – acting as the source of truth that everyone can refer to.

Add onto this the advanced analytics that comes along with it, and you have a powerful database that routinely uncovers new ways to improve performance and optimize operations.  It’s one of those things that you’ll only really appreciate when you see it with your own eyes.

If you're wading through a convoluted multi-database setup, now is the time to try Apliqo FPM.

Book a call today and let us help you simplify your infrastructure and leverage the unified power that Apliqo gives you.

We’re proud to have helped these companies plan better.

If you're wading through a convoluted multi-database setup, now is the time to try Apliqo FPM.

Book a call today and let us help you simplify your infrastructure and leverage the unified power that Apliqo gives you.

We’re proud to have helped these companies plan better.

Recent articles from the Apliqo FP&A blog

Recent articles from

the Apliqo FP&A blog

9 pillars of a well set up FP&A System, first time

When you’re first approaching any new FP&A system implementation, it can be very overwhelming.There is a lot to get right and the decisions you make early on will have an outsized impact on how the entire system works for you over the long term.Worst case a poor initial decision can have lasting consequences which you will need to live with. As a result, we always encourage new clients to take their time during the setup process and be as thorough as possible because it helps to avoid plenty of headaches down the road.

Read this article
9 pillars of a well set up FP&A system

How scenario stress-testing can help you weather the recession

After years of economic expansion, we’re finally seeing the tide turn again as we enter what looks like it will be an extended recession.When you consider the impact of the pandemic, widespread inflation, war in Ukraine, and supply chain issues across the board – this is not something that should surprise us.But if you haven’t been paying attention and considering the impact of a recession on your business, you might find yourself in that position.

Read this article
Scenario stress-testing to help you weather the recession

Understanding the impact of rising interest rates on your cash flow and your balance sheet

It’s safe to say that we’ve never before seen the scale of widespread cash injections that we saw during the COVID-19 pandemic.Governments across the world scrambled to print the money they needed to keep the economy afloat and provide the support that their citizens needed.The natural consequence of this has been rapid inflationary pressures which we wrote aboutlast week.

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How FP&A tools can help mitigate the impact of inflation on your business

If you tap into any current conversation about the global economy you’ll likely hear people talking about inflation.It’s the talk of the town – and for good reason.For decades, concerns about inflation were muted as we enjoyed one of the longest bull markets that we’ve seen in the modern era.But in 2022, it quickly became one of the most significant risks facing - as a result of the dramatic stimulus injected into local economies during the COVID-19 pandemic, continuing supply chain challenges, and a rapidly rising oil price.

Read this article
Mitigating the impact of growing inflation on your business

Notifications come to TM1 with Apliqo UX

Here at Apliqo, our products are continually evolving to cater to the needs of our users, and today we’re excited to announce a brand new feature that so many have been asking for.Within our Apliqo UX interface, we now havecontextual notificationswhich will help you to better collaborate with your colleagues and improve your own productivity and organization.

Read this article