by Dalia Fernandes | Sep 14, 2023 | Business Analytics, Business Budgeting, Business Planning, Data Analysis, OLAP, OLAP and Excel, Spreadsheets, Uncategorized
Top-down and Bottom-up budgeting methods co-exist in most companies. What happens it that first the Finance team creates the budget from the bottom up, and then senior management delivers top-down directives. Meeting those directives requires adjustment, often...
by Dalia Fernandes | Aug 15, 2023 | Business Analytics, Business Budgeting, Business Planning, Data Analysis, OLAP, OLAP and Excel, Spreadsheets, Uncategorized
In FP&A in the retail industry, there is a concept of Open-to-Buy (OTB) planning. It is a challenging report to maintain in Excel and calculating it can be quite intricate. OTB (Open-to-Buy) is a forward-looking metric based on future projections. In retail, it...
by Jack Guarneri | Jul 31, 2023 | Business Analytics, Business Budgeting, Business Planning, Data Analysis, OLAP, OLAP and Excel, Spreadsheets, Uncategorized
In this article, Gareth Jones from PARIS Technologies discusses the challenges faced by companies when managing their payroll and workforce planning. Payroll planning is crucial for businesses, but it is often difficult to optimize due to the limitations of...
by Jessica Otero | Mar 3, 2023 | BI Solutions, Big Data, Business Analytics, Business Budgeting, Business Forecasting, Business Planning, Data Analysis, Data Visualization, Data Warehousing, OLAP, Predictive Analytics, Spreadsheets
“There’s nothing inherently wrong with spreadsheets; they’re excellent tools for many different jobs. But data visualization and data communication is not one of them.” – Bernard Marr We couldn’t agree more with what Bernard is saying in his article, “Why You...
by Jessica Otero | Sep 20, 2017 | BI Studies, Big Data, Business Analytics, Infographic, Predictive Analytics
As the fields of business intelligence and business analytics continue to develop and grow, organizations must be aware of the distinctions between the terms and understand their value. Adoption and usage of business intelligence and analytics tools show no sign of...
by Blogger@olap | Nov 6, 2016 | Application/Data Integration, Business Analytics, Data Analysis, Data Management, Infographic, Uncategorized
Business Analytics vs. Data Science “Business analytics” and “data science” — are they basically interchangeable terms, or entirely separate professional pursuits? There’s certainly overlap on the topic of Big Data and using data to...