Visual Data: Storytelling Through Analytics
How many cliches does it take to drill home the point that visual data stands supreme when it comes to presenting and digesting information? “A picture is worth a thousand words.” “Show, don’t tell.” “I’m a visual learner.” “Seeing is believing.” “It’s easier to show than to describe.” If you don’t believe these old adages, […]
Top Down Budgeting Made Easier with Data Analytics
What is Top Down Budgeting? Top down budgeting is as intuitive as it sounds: it starts at the top with senior management preparing a high-level budget for the enterprise. This budget is based on the company’s objectives, and once it’s prepared, it trickles down to department managers for implementation. Senior management is concerned with the […]
Long Range Planning with Data41
What is Long Range Planning? Long Range Planning is where financial forecasting meets strategy. This process calibrates your financial capacity with your long-term goals, helping you budget for operations and growth. Long Range Planning uses forecasts to provide insight into future financial aptitude. An accurate prediction of your finances five years down the line allows […]
Revenue Forecast with Data Analytics
A revenue forecast offers a holistic view of your financial state by assessing your historical revenue and expenses, as well as your future plans, budgets, and sales projections. Questions to ask when conducting your revenue forecast planning: What constituents are involved in collecting the data for your revenue forecast and is their input being fairly […]
