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Budgeting and forecasting are the two single most important undertakings you can do for your business. They are also two of the least popular jobs people rarely look forward to starting. Taking the time to make an workable budget and to accurately forecast can mean the difference between failure and success for your business.

When done poorly, budgets and forecasts not only become futile, but they also...

So you’ve made the tough choice, selected your software, implementation is now underway and you are shortly due to go live. So much to organize and prepare for and often the most critical and overlooked process of incorporating end-user training is forgotten – arguably the most important piece. Unless your staff are properly trained on using your new software, you cannot expect to reap the full benefits of...

Here's how 172-year-old beer maker Pabst is using IBM's predictive analytics to reinvent itself..


We've all had a "PBR" at some point, the Pabst Brewing Company which has been around since 1844 has brewed several popular beer brands, but none more notable then Pabst Blue Ribbon.

The 172-year-old beer brewer may have started selling beer in the 19th century, but it hasn't remained trapped in the past...

Have you ever noticed your employees spend more time managing the books and dealing with cumbersome spreadsheets, then you'd like.. Then accounting software may be the right choice for your business. Streamlining your processes by reducing, or completely eliminating the need to constantly manually re-enter the same data on multiple sources, can save you time, money, and your sanity.

Accounting software is a...

Why do we buy things? Purchase's really come down to value. Intelligent businesses recognize and acknowledge this characteristic of customer behavior, whether those customers are other businesses or individual consumers. End users do not simply purchase products; they are investing in value.

As both technology and end-user expectations advance, the means to deliver value also changes. Organizations often...

Forecasting is crucial to any business, especially in an uncertain economy. So here's some expert tips on doing it right - accurately & effectively.


1. Don't ignore it
Forecasting can easily become something you put-off, or not even do at all. In an unstable economic environment, it may seem easier to just keep floating along, but that takes up a lot of energy.

However, it is critical to know...

Long gone are the days when annual budget steered business decisions, with only predictable, minimal changes. With increasing competition and a volatile economic environment, companies need a better way to predict the future. As a result, new forecasting techniques have emerged to help anticipate changes and drive better informed strategic decisions.

Traditional forecasts take a structured approach to...

In todays world with the internet of things, you can easily see big data in play when a tailored ad pops up on your Facebook page or a product "you may like" appears on your Amazon page. But how does this transformative technology operate in the GovCon world?

“The rise of big data analytics technology has allowed government agencies to analyze the outcomes of their programs, tighten the efficiency of their...

There is a clear overlap between business intelligence and predictive analytics, I view BI as an affiliate of PA as they share so much in common: they use the same data, often use similar metrics and even sometimes utilize the same tools.

Business intelligence is the world of descriptive analytics: reflective analysis that provides a clear view into the business—reporting on what has happened and what...

Enterprise Resource Planning (ERP) for too many companies, is just the business management software running in the background. However, for innovative, forward-thinking companies its at the core of your business; you have recognized ERP’s true potential to significantly transform your business processes, add exponential value, and improve your bottom line.

Top five reasons why you should care about your...

For most organizations, the annual budget process is a painful, distracting, on-going exercise in futility that consumes a tremendous amount of resources and time, then quickly becomes so outdated that it is often deemed irrelevant for management purposes. The traditional budgeting process generates numerous issues and challenges that impair organization’s planning, forecasting, and performance management...