NEUBRAINER, the official blog of Neubrain

Season's Greetings and Holiday Pie Chart!

Posted by Neubrain Communications


PIE CHART
- HOLIDAY EDITION -

 
Making pie is an activity that lets families embrace the true spirit of the holidays 
- warmth, laughter and quality time with family and friends.
 
A nationwide survey asked:
What are your top  3 favorit e pies?
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Topics: dashboards, visualization

10 Ways to Undermine Performance Management

Posted by Yana McConaty

Enterprise Performance Management (EPM) is an umbrella term used to describe the methodologies, metrics, processes, and systems that help enterprise companies monitor and manage their business’s performance.

Executives seeking deeper insights into business trends and potentially ambiguous opportunities utilize Performance Management. Sub-components of EPM include: Enterprise Planning, Performance Monitoring & Measurement, and Enterprise-Wide Reporting. 

Benefits definitely outweigh the challenges in deploying an EPM capability. These benefits include:

  • Enterprise-wide visibility
  • Strategic “red-zone” monitoring
  • Improved resource planning and allocation
  • Agile decision-making
  • Predictions for future performance
  • Delivery of a broad spectrum of critical business data (Note: this data is generated through monitoring, analyzing, and controlling organizational performance.)

Failing to properly manage or dedicate your company to continuous improvement of your performance management capability can lead to undesirable outcomes. Organizations must be aware of common ways that performance management initiatives can be undermined, causing business performance to stall or decline, instead of thrive.

Here are 10 ways you could be undermining performance management and suggestions on ways to avoid these pitfalls:

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Topics: software solutions, Performance-based Budgeting, performance management, methodology, reporting, metrics

Top 10 Must-Have Features of Best-in-Class Budgeting Software

Posted by Yana McConaty

While most modern budgeting software solutions can eliminate the basic spreadsheet challenges associated with data capture and simple aggregation, they typically do not take the next step: enabling the organization to use its data to improve budget decisions and the linkages between budgets and outcomes.

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Topics: budgeting, forecasting, tools, budgeting analytics, budgeting software

This Week in Business Analytics: Moneyball and Data Analytics Tools

Posted by Neubrain Communications

Our top three budgeting, forecasting and business analytics posts from the week of September 12th!

 

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Topics: budgeting, Business Analytics, Government Budgeting, Performance-based Budgeting, tools, budgeting and finance

This Week in Business Analytics in the Public Sector: Big Data and Fiscal Futures

Posted by Neubrain Communications

Our top budgeting, forecasting and business analytics posts for the public sector from the week of September 12th!

 

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Topics: budgeting, Business Analytics, Government Budgeting, Performance-based Budgeting, tools, budgeting and finance

Data Visualization and Software Dashboards Best Practices

Posted by Yana McConaty

Data visualization tools, like software dashboards, are becoming more popular and necessary to deal with exponential data growth. According to the industry research; however, dashboards have often failed or at best they delivered only a fraction of the insight that is needed to monitor the business. Why?

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Topics: best practices, dashboards, implementation

Park City, Utah Wins Performance Management Award

Posted by Neubrain Communications

We are so excited to announce our customer, Park City, Utah, has been recognized with a Certificate of Achievement from the ICMA Center for Performance Analytics for their performance management efforts!

“The certificate program recognizes the principles of performance management,” said Randall H. Reid, ICMA Director of Performance Initiatives. “Jurisdictions meeting the qualifications have demonstrated leadership in continuous improvement and community engagement, and they serve as examples for other governments to follow.”  

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Topics: best practices, Government Budgeting, Performance-based Budgeting, Public Sector Budgeting, Park City, ICMA

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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.