NEUBRAINER, the official blog of Neubrain

selecting Best Business Budgeting Software

Posted by Neubrain Communications

After years of experience observing common budget soft­ware buying processes, it has become clear that organiza­tions often jump into the buying process and review soft­ware vendor offerings without being properly prepared for the task.

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Topics: Best Budgeting Software

Infographic: Key Steps to Transform Public Sector Budget

Posted by Neubrain Communications

As technologies advance, the global marketplace changes, and the economy ebbs and flows, it is apparent that traditional budgeting practices are becoming a relic of the past. With the right strategies and technologies in place, public sector organizations can develop a more strategic budget process...

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Topics: best practices, Business Analytics, Government Budgeting, Public Sector Budgeting, budgeting software

Public Sector Budget Challenge - Matching Resources with Priorities and Outcomes

Posted by Neubrain Communications

CURRENT CHALLENGES

As economy ebbs and flows, global marketplace expands, and technologies advance, many government organizations are pursuing aggressive efforts to restructure budgets in order to reduce spending and better align resources with strategic priorities and outcomes. 

The new requirement is not just a onetime effort, but rather a systematic practice. Organizations are required to implement new systems and capabilities, and to monitor costs, analyze performance, identify savings (where possible) and re-evaluate approaches in a flexible, rapid, and effective manner. 

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Season's Greetings and Holiday Tree Map!

Posted by Neubrain Communications

In keeping with Neubrain Holiday tradition, here is another gift of visualization best practice.

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Topics: Neubrain, visualization

Quick Tips for Defining Business Performance Metrics

Posted by Neubrain Communications

During the course of working with various organizations that have deployed performance dashboards we have discovered 4 major success factors to implementing them successfully: (1) proper sponsorship and adequate resources for the project; (2) creating the right metrics and standardizing their meaning; (3) designing a compelling user interface and the proper technical infrastructure to manage the metrics collection and analysis processes; and (4) planning ahead to ensure end-user adoption and managing organizational change.

In this blog we would like to briefly address the second factor: creating the right metrics and standardizing their meaning. Organizations should invest the time towards developing a well-rationalized, well-balanced set of leading indicators and operational metrics aligned with their strategic objectives and priorities. This step is crucial when implementing a sound performance management capability. Here are a few tips on how to start:

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Topics: performance management, dashboards, metrics

Budgeting for the Organization's Biggest Cost: Workforce!

Posted by Yana McConaty


Large and complex organizations maintain a strategic focus on processes and systems to manage their workforce. Despite being one of the largest expenditure items, workforce expenditures are typically neglected and left to finance to manage with a complex set of spreadsheets. Oftentimes there is not enough collaboration between HR and finance groups, leaving a huge disconnect between people and dollars. Greater control and a true picture of payroll dollars are more important than ever with organizational growth, changing priorities, budgetary constraints, and other factors that influence the workforce.  

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Topics: budgeting analytics, budgeting software, Workforce Budgeting, Pay and Personnel Budgeting and Forecasting

How to Jump Start Your Financial Transparency Initiative

Posted by Neubrain Communications

The United States is a country with a mature and educated digital population, where citizens constantly question whether their tax dollars are being put to good use. It’s no surprise, then, that they want to collaborate with their government on designing future public services.

Citizens want a clear and stable vision of the government services available to them. One way to provide that is through transparency in financial and performance reporting. Sharing formulated strategy, implementation progress and performance results help taxpayers understand how strategic or priority goals translate into dollars, so they can see how their money makes a difference. But citizens are not the only beneficiaries in this scenario. Transparency forces government administrators to run operations more efficiently. Fostering citizen engagement through data sharing helps government officials better understand the priorities of individuals and communities.

Now that we know what sharing can provide to citizens and government workers alike, the next step is determining what information to share. Here are some ideas:

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Topics: budgeting, transparency, open data

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Neubrainer 

neu·brain·er |n(y)o͞o brān ər|
noun

  • Neubrain’s official blog featuring expert advice, industry news and analysis, innovative ideas, and more. Did you read today’s post on Neubrainer?
  • An important tip or fact from Neubrain experts; Improve cost-efficiency and foster interdepartmental communication by implementing a performance-based budgeting solution-- it’s a Neubrainer.