NEUBRAINER, the official blog of Neubrain

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

The Ultimate Guide to Achieving Government Fiscal Health

Posted by Neubrain Communications

We are excited to share The Governing Guide to Financial Literacy, Volume 2, a new resource for elected public officials, budget officers, government leaders and department heads.

This Guide provides relevant knowledge to public leaders to help them better determine their jurisdiction’s financial health. Inside you will find everything from an overview of accounting concepts to the steps you can take to improve your jurisdiction’s financial health. 

The Governing Guide to Financial Literacy
Includes a snapshot of research findings identifying state and local government leaders’ understanding of financial health; an overview of basic accounting and financial health concepts; key strategies for determining your jurisdiction’s financial health, and tips for enhancing it now and in the future.
 

Click Here to Download  

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Topics: Government Budgeting, budgeting and finance, Public Sector Budgeting

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

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

How To Solve The Biggest Problems With Budget Software Selection

Posted by Neubrain Communications

Many government agencies and private corporations are nearing the end of the 7-10 year average lifespan of most budgeting and performance management software systems, causing more and more CFOs to explore new budgeting and performance management technologies. In fact, according to the “2013 Gartner Financial Executives International (FEI) CFO Technology Study,” nearly 60% of CFOs indicated that investing in analytics and decision-making was their top priority, as it should be. 

In the past decade, budgeting and financial planning technologies have transformed from error-prone manual data entry tools to an array of advanced analytical, integrated, and sophisticated real-time budget management software solutions, improvements that are only making the software selection even more difficult. Recent independent research revealed the top three software acquisition impairment factors:

  • Lack of user input
  • Incomplete requirements and specifications
  • Changing requirements and specifications

To overcome software acquisition impairment, it is imperative to put time, effort and thought into your software selection process and establish quality requirements. 

Click on the infographic and discover just how important detailed, thought-through QUALITY requirements are to your budgeting software selection process or read the complete list here. 

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Topics: budgeting, software solutions, industry insights, best practices, Government Budgeting, implementation, budgeting and finance, business processes, government budgeting software, budgeting analytics

Business Analytics for Budget and Finance Professionals

Posted by Yana McConaty

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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?
  • 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.