Budgeting

July 10, 2019

Planning analytics: What is your enterprise plan?

by Colin Quinn

It all begins with a plan. Whether it’s the overall strategic plan or a detailed operational plan, this step is usually part of the overall enterprise performance management strategy, which encompasses financial planning, budgeting, and forecasting. Planning is in a unique position compared to the other analytics groups because it relies on outputs of all the other steps. Even today spreadsheets remain one of the most popular tools used by enterprises for planning. However spreadsheets…

October 17, 2017

The insider’s guide to attending Deltek Insight

by Colin Quinn

To gain a competitive career edge, it’s important to make learning an ongoing part of your professional development. Conferences are short and practical opportunities to learn new information, gain knowledge, and make valuable contacts. Yet, attending a conference can be an intimidating experience, particularly the first time. If you’re planning on taking a day or more out of the office to attend a Deltek Insight, a bit of preparation will ensure that investment pays real…

January 30, 2017

Why are Budgeting and Forecasting Important to Your Business?

by Colin Quinn

Budgeting and forecasting are the two single most important undertakings you can do for your business. They are also two of the least popular jobs people rarely look forward to starting. Taking the time to make an workable budget and to accurately forecast can mean the difference between failure and success for your business. When done poorly, budgets and forecasts not only become futile, but they also become increasingly misleading. When done properly, however, both your budget and forecast become…