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Transformative Budgeting and Planning: Five Factors to Consider

Insight Software

It’s critical to have a meaningful financial plan in place, to have realistic targets to achieve. Unfortunately, traditional models for financial planning and budgeting are increasingly strained as businesses strive to cope with change. Many are seeking leaner, more agile budgeting and planning options. Access Resource.

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Avoid Fragmented Planning with Connected Budgeting and Planning Tools

Insight Software

Imagine the following scenario: You’re building next year’s budget in Microsoft Excel, using current year-to-date actuals that you exported from your enterprise resource planning (ERP) software. During this process, you notice that maintenance and repair expenses were especially high in June and July. Going Beyond the General Ledger.

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Planning vs Forecasting: Four Key Differences

Insight Software

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

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Big Data is Changing the Student Financial Aid Process

Smart Data Collective

Although the cost of paying back these loans has risen, the amount of jobs available in the economy for recent college graduates have not followed suit, leaving many unemployed. They said that big data has made it much easier for people to project students’ likelihood of success.

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Data Quality Best Practices to Discover the Hidden Potential of Dirty Data in Health Care

Dataversity

Dirty data – data that is inaccurate, incomplete, or inconsistent – costs the U.S. trillion per year, according to IBM. Health plans will […]. The post Data Quality Best Practices to Discover the Hidden Potential of Dirty Data in Health Care appeared first on DATAVERSITY.

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Introductory Guide to Business Cash Flow Planning

Insight Software

You can’t plan for emergencies, geopolitics, or sudden problems that you have no control over. Business cash flow planning can get you out of a jam and save your company. Take a look at our ultimate guide to business cash flow planning highlighting: What is business cash flow planning? What is Business Cash Flow Planning?

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Leveraging the Benefits of Sales and Operations Planning

Insight Software

To achieve better alignment between these two functions, many companies have adopted a different approach, sales and operations planning (S&OP). It’s about coordinating and streamlining all functions in the value chain–from strategic planning to forecasting and demand planning, inventory management, strategic sourcing, and distribution.