Business Intelligence and Data Analytics Blog
Information and Discussions on Business Intelligence, Data Analysis, and Management featuring: Strategies, Best Practices, PARIS Product Tips and News
Using Scenario Planning to Evaluate Capital Investments Under Multiple Outcomes
Smart businesses don't put all their eggs in one basket when making big investments. Instead, they use scenario planning to see how those investments might play out in different futures. This approach helps spot hidden risks and opportunities before committing...
Improving Long Range Planning with CapEx Forecasting Tools Built for Flexibility
As a financial manager, capital expenditure forecasting is a well-known, universal hurdle: crunching numbers is just the start of a laborious and extensive process. Unexpected mathematical complexity isn’t even the main culprit: the largest source of unexpected...
Automating Financial Consolidation to Eliminate Manual Close Delays
Companies that have multiple entities understand the process well: financial consolidation is a critical part of closing the books and keeping accounting streamlined throughout the organization. And while today’s tools are powerful, there’s still a significant amount...
Strategic Resource Allocation to Maximize Efficiency in Engineering Firms
Strategic resource allocation is one critical area that demands attention in the competitive architecture, engineering, design, and construction (AEC) landscape. As engineering firms continually seek ways to enhance operational efficiency and project outcomes,...
Identifying and Tracking Key Financial Performance Indicators in the AEC Industry
For AEC firms to stay competitive and profitable, tracking the right financial performance indicators is essential. These metrics provide critical insights into operational efficiency, profit margins, and overall business health. With growing industry pressures—from...
Automation in FP&A: Eliminating Manual Reporting Errors and Improving Efficiency
Eliminating Manual Bottlenecks in FP&A for Greater Efficiency Despite the overall modernization of an automation-driven workforce, the persistence of manual processes in FP&A perpetuate challenges to doing business and facilitating growth. These processes...
Choosing the Right FP&A Tools: Navigating the Complex Landscape for Mid-Sized to Large Organizations
No longer reduced to a back-office function, today's financial planning and analysis (FP&A) processes consistently evolve into a strategic cornerstone for organizational success. As businesses expand, managing internal finances becomes increasingly complex, and...
Plan with FREE Payroll Planning Templates
Free Payroll Planning Templates to Help You Improve your Planning Process Managing payroll planning efficiently is a critical task for finance teams. Accurate payroll forecasting ensures proper budgeting, prevents unexpected expenses, and helps maintain financial...
The Secret to Getting Better: Unlock Time, Results, and Balance
There’s a secret to getting better. Better results. Better focus. Better work-life balance. It’s not a miracle or a one-size-fits-all answer, and it’s certainly not about doing more. Instead, it’s about working smarter, not harder. The tools and methods we rely...
5 Business Intelligence Project Mistakes to Avoid
Forcing users to stop using Excel or other spreadsheet applications is one of the top reasons why Business Intelligence projects fail. End users who are love to use spreadsheets are faced with the problem of having to adjust to using a new Business Intelligence software solution that does not work well with Excel.