--- title: NEUBRAINER, the official blog of Neubrain | methodology description: methodology | Neubrain Business Analytics and Budgeting Blog --- [![neubrain](https://blog.neubrain.com/hs-fs/hubfs/neubrain-1.png?width=455&name=neubrain-1.png) ](https://www.neubrain.com/) - - - - [CONTACT US](https://www.neubrain.com/contact-us) [![Neubrain](https://blog.neubrain.com/hs-fs/hubfs/logo-2.png?width=364&name=logo-2.png) ](https://www.neubrain.com/) # NEUBRAINER, the official blog of Neubrain ## [Transparency and Budget Practices](https://blog.neubrain.com/transparency-budget-practices) Posted by [Neubrain Communications](https://blog.neubrain.com/author/neubrain-communications) [![](https://blog.neubrain.com/hubfs/Financial_Transparency_eBook-1.png) ](https://blog.neubrain.com/transparency-budget-practices) Traditional line-item, or black box, budgeting that explains year-over-year incremental changes has resulted in diminished credibility and left more citizens questioning whether taxpayer dollars are being put to good work. Consequently, this type of budgeting is fast becoming a relic, giving way to a new, more strategic approach of budgeting called [Performance-based Budgeting (PBB)](https://info.neubrain.com/performancebasedbudgetingwhitepaper) and its variants - priority-based budgeting and budgeting for outcomes. [Read More](https://blog.neubrain.com/transparency-budget-practices) 0 Comments [Click here to read/write comments](https://blog.neubrain.com/transparency-budget-practices#comments) Topics: [Performance-based Budgeting](https://blog.neubrain.com/topic/performance-based-budgeting), [performance management](https://blog.neubrain.com/topic/performance-management), [methodology](https://blog.neubrain.com/topic/methodology), [transparency](https://blog.neubrain.com/topic/transparency), [open data](https://blog.neubrain.com/topic/open-data) ## [Implementing Transparency in Financial and Performance Reporting](https://blog.neubrain.com/implementing-transparency-in-financial-and-performance-reporting) Posted by [Yana McConaty](https://blog.neubrain.com/author/yana-mcconaty) [![](https://blog.neubrain.com/hubfs/Pig.png) ](https://blog.neubrain.com/implementing-transparency-in-financial-and-performance-reporting) Government mandates to be more transparent have gone a long way to make information more available to the public, but posting raw data on a website doesn’t automatically make it accessible or digestible. Agencies still need to present the information – often about budget and performance – in ways that make immediate sense to average citizens. Sharing formulated strategy, implementation progress and performance results help taxpayers understand how strategic goals translate into dollars, so they can see how their money makes a difference. [Read More](https://blog.neubrain.com/implementing-transparency-in-financial-and-performance-reporting) 0 Comments [Click here to read/write comments](https://blog.neubrain.com/implementing-transparency-in-financial-and-performance-reporting#comments) Topics: [Performance-based Budgeting](https://blog.neubrain.com/topic/performance-based-budgeting), [performance management](https://blog.neubrain.com/topic/performance-management), [methodology](https://blog.neubrain.com/topic/methodology), [transparency](https://blog.neubrain.com/topic/transparency), [open data](https://blog.neubrain.com/topic/open-data) ## [10 Ways to Undermine Performance Management](https://blog.neubrain.com/10-ways-to-undermine-performance-management) Posted by [Yana McConaty](https://blog.neubrain.com/author/yana-mcconaty) [![](https://blog.neubrain.com/hs-fs/hub/269743/file-2052238977.jpg) ](https://blog.neubrain.com/10-ways-to-undermine-performance-management) 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: [Read More](https://blog.neubrain.com/10-ways-to-undermine-performance-management) 0 Comments [Click here to read/write comments](https://blog.neubrain.com/10-ways-to-undermine-performance-management#comments) Topics: [software solutions](https://blog.neubrain.com/topic/software-solutions), [Performance-based Budgeting](https://blog.neubrain.com/topic/performance-based-budgeting), [performance management](https://blog.neubrain.com/topic/performance-management), [methodology](https://blog.neubrain.com/topic/methodology), [reporting](https://blog.neubrain.com/topic/reporting), [metrics](https://blog.neubrain.com/topic/metrics) ## [Top Hurdles of Spend Analytics](https://blog.neubrain.com/spend-analytics) Posted by [Yana McConaty](https://blog.neubrain.com/author/yana-mcconaty) [![](https://blog.neubrain.com/hs-fs/file-1349737690-png/images/SpendAnalyticshurdlehires.png) ](https://blog.neubrain.com/spend-analytics) With the stagnant economy, cost control has become the new mantra of every business. Businesses are deploying various strategies to contain costs and maintain profitability. Amongst such strategies is control and visibility into spending with external suppliers. Spend analytics is the process of aggregating, cleansing, and analyzing corporate spending data for the purpose of reducing costs and improving operational performance. According to industry analysts, businesses deploying spend analytics have been able to **reduce spending by 12%** based on weighted average. If spend analytics is so critical, why are organizations facing difficulties?  Here are top hurdles to deploying a spend analytics capability that you need to know about: [Read More](https://blog.neubrain.com/spend-analytics) 0 Comments [Click here to read/write comments](https://blog.neubrain.com/spend-analytics#comments) Topics: [industry insights](https://blog.neubrain.com/topic/industry-insights), [methodology](https://blog.neubrain.com/topic/methodology), [reporting](https://blog.neubrain.com/topic/reporting), [Spend Analytics](https://blog.neubrain.com/topic/spend-analytics) ## [NEW! Infographic and Technology Brief: Data Visualization](https://blog.neubrain.com/blog/bid/335609/NEW-Infographic-and-Technology-Brief-Data-Visualization) Posted by [Yana McConaty](https://blog.neubrain.com/author/yana-mcconaty) [![](https://blog.neubrain.com/hs-fs/file-311911664-jpg/images/interactivedashboardsinfographic_091913-resized-600.jpg) ](https://blog.neubrain.com/blog/bid/335609/NEW-Infographic-and-Technology-Brief-Data-Visualization) If data dictates our decisions, then why would we allow key information to sit idle simply because it is too hard to reach or too time-consuming to understand or even uncover? More than ever, decision-makers must accelerate how quickly they collect, consume, interpret and analyze data.  [Read More](https://blog.neubrain.com/blog/bid/335609/NEW-Infographic-and-Technology-Brief-Data-Visualization) 0 Comments [Click here to read/write comments](https://blog.neubrain.com/blog/bid/335609/NEW-Infographic-and-Technology-Brief-Data-Visualization#comments) Topics: [interactive](https://blog.neubrain.com/topic/interactive), [dashboards](https://blog.neubrain.com/topic/dashboards), [implementation](https://blog.neubrain.com/topic/implementation), [methodology](https://blog.neubrain.com/topic/methodology), [visualization](https://blog.neubrain.com/topic/visualization), [dashboarding](https://blog.neubrain.com/topic/dashboarding), [reporting](https://blog.neubrain.com/topic/reporting), [dashboard](https://blog.neubrain.com/topic/dashboard), [metrics](https://blog.neubrain.com/topic/metrics), [interactive dashboards](https://blog.neubrain.com/topic/interactive-dashboards) [All posts](https://blog.neubrain.com/all) ### Follow Me ### Sign-up to Receive Neubrainer Updates ### 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.* [Tweets by @Neubrain](https://twitter.com/Neubrain) © 2013 Copyright Neubrain, LLC. All Rights Reserved [Privacy Policy](https://www.neubrain.com/Privacy-Policy) [Terms of Use](https://www.neubrain.com/Terms-Of-Use)