NEUBRAINER, the official blog of Neubrain

Business Analytics for Budget and Finance Professionals

Posted by Yana McConaty

The current reality of organizations’ budgeting, financial, and performance management function is that many processes that support budget formulation, execution, and performance tracking activities primarily rely on manual data re-entry and manipulation in MS Excel, MS SQL, MS Access or custom VBA systems.

These home grown systems are often inadequately integrated with organization-wide systems; difficult to maintain and adjust; and most importantly, lack flexibility and analytical power.

Business analytics tools can help organizations achieve tighter costs control and internal compliance, and improve efficiency and decision-making. Business analytics tools can improve accuracy of analysis, budgets and forecasts by up to 90% and can reduce cycle times by as much as 75%...

Learn more in our new Technology Brief: Business Analytics for Budget and Finance Professionals.

 

 

Download the Technology Brief!

Topics: Neubrain, Business Analytics, Government Budgeting, Performance-based Budgeting

   

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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?
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