Business Intelligence (BI) Dashboards serve to ease the effort required to analyze large amounts of data by managers, executives and other personnel who are, to a degree, disconnected from the underlying processes that ensure the accuracy and availability of those dashboards. Many objects exist, such as gauges, charts and graphs, to make dashboards easier to understand and decision-making processes more efficient. However, there’s a fine line between a dashboard that quickly and effectively provides information that is actionable and a dashboard that only spawns more questions and delays action; action that may need to be initiated urgently. Continue reading this post>>
Business Intelligence is a powerful tool, designed for the modern business environment.
One of its primary goals is to enhance performance evaluation, by utilizing benchmarking, data visualization, measurement analysis, data mining, all combining to facilitate your organizations’ requirements for forecasting the future trends in your industry and thereby optimizing informed, data-driven decision-making at all levels of your business. Continue reading this post>>
arc|planet 2015 – 250 Attendees Joined a Fantastic Event to Learn About Best Practices and Latest Product Highlightsby arcplan
This year’s arc|planet in Düsseldorf has been a great success. Last Thursday and Friday we were hosting the world’s largest conference for arcplan users at the Van der Valk Airport Hotel OLYMPUS DIGITAL CAMERADüsseldorf, Germany. According to the claim of “Planning | Performance | Passion” customers, partners, and prospective clients were given detailed information and practical insight regarding the competitive benefits going with the implementation of arcplan-based performance management and planning solutions. Continue reading this post>>
Budgeting Workflow is the process of formalizing the flow of budgeting approvals throughout the organization. It is a process in itself that typically starts with corporate allocations for the new budgeting year. The workflow outlines who in the organization is responsible for approving specific sections of the budget. Modern budgeting workflow systems allow management to assign budgeting tasks to certain employees. Once those employees enter their budget numbers, they are then submitted to the next person in the workflow process for approval. This process moves forward until the budget is finally approved by the person responsible for the entire company’s budget. This is typically an executive, or group of executives within the organization. Continue reading this post>>
The term Data Visualization loosely refers to the techniques used to communicate data or information by creating visual objects that are contained in graphics. The end goal is to communicate information clearly and efficiently to users via the information graphics selected, such as tables and charts. In his 1983 book “The Visual Display of Quantitative Information”, Professor Edward Tufte defines ‘graphical displays’ and principles for effective graphical display in the following passage: “Excellence in statistical graphics consists of complex ideas communicated with clarity, precision and efficiency. Graphical displays should: Continue reading this post>>