Forecasting is always an essential part of any business, and the workforce is typically the largest expense. Workforce planning includes salaries, commissions, benefits, taxes, retirement, and much more. On average, workforce expenses comprises over 30% of gross sales, but it can be over 50% depending on the industry.  Workforce forecasting should always be the top priority […]
This article will describe a real life example of a manual application of BI360.
The excitement for Dynamics 365 Business Central is growing, and organizations will need a CPM tool to achieve Reporting and Budgeting that enables world-class decision-making. Making world-class decisions is imperative for any organization to succeed, and the ability to do it quickly and efficiently gives a competitive advantage. This also includes the ability to quickly […]
For those that know me, it has been well known that I despise soccer. I have never enjoyed watching it or playing it. When my son Evan first started playing sports, I told him he can only play soccer until he turns 7, and he promptly quit to concentrate on other sports. So, there was […]
BI360’s budgeting module is very easy to use, and provides your organization with a powerful budgeting and forecasting tool. With BI360 Budgeting, you can reduce your budgeting and forecasting times, as well as your implementation and software costs. The intuitive, Excel-based interface of BI360’s budgeting module allows you to quickly adapt a budget model based […]
BI360 not only supports all departmental budgets, but supports revenue details, capital expenses, employee budgets and more. With BI360, budgeting and reporting processes become tightly integrated and easily accessed, all within a modern Microsoft Excel add-in for dynamic input forms and reports and with a SQL Server database on the back-end. Plus, with BI360’s highly […]
Celtics vs. Lakers. Mac vs. PC. Stallone vs. Schwarzenegger. There’s nothing like a good rivalry, but when it comes to the long-term health of your business, it’s usually better to NOT have one department declaring war on another. Such has been the outcome with most BI projects, when determining who should drive the project between Finance […]
The customer may always be right, but are they profitable to your company? While losing a customer (especially in our current economic climate) is never ideal, they may be costing your company more than a holiday gift basket. There are a number of ways to determine if doing business with a customer is profitable for […]
Week 2 in our profitability series highlights project profitability, and how a tool like BI360, with a strong allocation engine, can provide insight into your projects the same way it does with your products. BI360 can just as easily build a profitability report using the same allocation model we demonstrated last week (i.e. salaries, headcount, […]
Hi everyone, over the next few weeks we’ll be exploring a three-part profitability reporting series. This week, we’re looking at how to gain insight into your product profitability, and how BI360 can help you become more competitive by generating more accurate profitability analysis. While there are countless variables that impact your product’s profitability, we’ve used […]
