Predictive Analytics for Leadership Support
Predictive analytics is a data-driven approach to forecasting future events. It involves using statistical models and machine learning algorithms to identify patterns in historical data. Those patterns help predict future events, which is why predictive analytics for leadership is so valuable. Predictive Analytics Usage is Growing Predictive analytics forecast everything from consumer behavior to future […]
Ten FP&A Best Practices for Data Analytics
FP&A ensures that businesses are utilizing their resources with the utmost capacity for growth – it is crucial to company strategy, execution, and performance. Your data has the power to improve budgeting, forecasting, reporting, and enable smarter decision-making. So, how do you make sure you’re milking the most out of your data? You follow these […]
The Top 10 Business Analytics Terms You Should Know
The Top 10 Business Analytics Terms You Should Know These are the Top 10 Business Analytics Terms you should know. Why are they important? Because understanding these terms will influence the way you look at data and the information you glean from it. Relating these terms to your business will bring more value to your […]
Big Data Analytics: Where Chaos Meets Order
You know those days of COVID where you got all dolled up and rocked an awesome outfit…but you never left the house, so no one saw how good you looked? Well, it’s the same concept with unstructured big data. There’s a runway-ready outfit hiding somewhere in that mountain of big data that might never get […]
S&OP Software Is the Key To A Winning Playbook
The Football Analogy Your business is a football game. Before the start of every game, the coaches devise a plan comprised of different plays, offensive and defensive, to beat the competition. This plan is your budget. As the game advances, the other team will execute plays and throw curveballs that you weren’t prepared for. To […]
Cloud Business Intelligence Gives You An Innovative Edge
If you think Cloud Business Intelligence is just business intelligence hosted on the cloud…you are correct! What’s the fuss about “The Cloud?” “The Cloud” is a hot new trend, but it’s not like shoulder pads, or chunky belts, or mullets… it’s here to stay. If you use applications like Google Docs or Dropbox, then you’re […]
Demand Planning and Forecasting Is Key to Customer Satisfaction
What is Demand Planning and Forecasting? Demand planning and forecasting is the process of predicting customer demand for products or services to ensure delivery, completion, and ultimately customer satisfaction. The Restaurant Analogy Think of it like running a restaurant. We’ll call our restaurant Dinner41. By implementing demand planning and forecasting, Dinner41 can better prepare for […]
Trick or Treating for Data
🎶 Trick or treat, Excel Sheets, give us data that’s complete. If you don’t, we should share, we can install helpful software! 🎶 What Does Halloween Data Reveal? Halloween is chock(olate)-full of data! As one of the more affordable end-of-year celebrations, sales for this holiday are a good indicator of how retailers will perform in […]
Predictive Sales Analytics Help You Tackle The Future With Finesse
Crystal balls, tarot cards, and astrology are no match for predictive sales analytics. If you want real predictive insights for better-informed decision-making and a more efficient sales cycle, take our advice and skip the woo-woo. Predictive sales analytics employ predictive algorithms and patterns in your company’s historical data to generate sales forecasts, anticipate customers’ behaviors, […]
Revenue Growth Management: The Secret to Sustainable Growth
Revenue growth management is a pertinent issue in today’s world. The modern chaos the pandemic unleashed has profoundly impacted consumer preferences and buying patterns. There is more demand for products than there are physical products to sell. The car industry is the paragon of this dilemma. Everyone wants to buy a car right now. The […]
