How to upload budgets into Phocas ready for FY20
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How to upload budgets into Phocas ready for FY20

A budget is a financial plan for a defined period, normally a year. It greatly enhances the success of any undertaking. As the saying goes, "if you fail to plan then plan to fail." Budgets are an integral part of running any business efficiently and effectively. Aside from assigning resources, a budget can also aid in setting goals, measuring outcomes and planning for contingencies.

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Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Sales

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How to upload budgets into Phocas ready for FY20

how-to-upload-budgets-in-Phocas-for-FY20

A budget is a financial plan for a defined period, normally a year. It greatly enhances the success of any undertaking. As the saying goes, "if you fail to plan then plan to fail." Budgets are an integral part of running any business efficiently and effectively. Aside from assigning resources, a budget can also aid in setting goals, measuring outcomes and planning for contingencies.

Read more

Topics: Business Intelligence Basics, Job Role - Finance, Job Role - Sales

How to get your KPIs on track with data analytics

how-to-get-your-KPIs-on-track-with-data-analytics

Many data analytics vendors give users the ability to measure everything but offer little guidance.  This can be overwhelming for new users. At Phocas, we provide you with the ability to measure everything and determine the metrics that really matter to your business. To get you started, Phocas will help you establish critical metrics, and then teach you how to quickly identify areas of concern to meet the unique needs of your business. 

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - Executive, Job Role - Inventory/Operations, Job Role - Marketing

Is data the true international language?

is-data-the-true-international-language

You don’t have to look very far to recognize the importance of data analytics in our world; from the Weather Channel using historical weather patterns to predict London's summer, to a professional baseball team using on-base plus slugging percentage to determine who is more deserving of playing time, to Disney using films’ historical box office data to nail down the release date of its next Star Wars film.

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - IT, Job Role - Executive, Job Role - Marketing

Can push notifications work to your advantage?

can-push-notifications-work-to-your-advantage

Are you tired of all the emails that land in your inbox? How about only being notified when there is a problem in your business or when a customer reaches target? These push notifications are called alerts in Phocas and many companies across manufacturing and distribution are using them every day - to stay in control of their business.

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Topics: Business Intelligence Basics, Job Role - Sales, Product, Job Role - Executive

How to make incremental changes with business intelligence?

how-to-make-incremental-changes-with-business-intelligence

We are constantly talking with companies about if and how they are using business intelligence. More often than not, they are struggling with their overwhelming amount of data, the ability to access the right information quickly and the level of detail the information actually provides. 

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Topics: Business Intelligence Basics

Take control with self-service business intelligence

take-control-with-self-service-business-analytics

Nearly all companies in today’s world have one common goal: keeping the user experience simple. This reduction in size, steps, and clicks does not mean the technology is any less sophisticated — in fact, it’s just the opposite. In relation to business intelligence, self-service solutions enable users of all skill levels to independently access, query and analyze company data.

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Topics: Business Intelligence Basics, Job Role - Inventory/Operations, Job Role - Marketing

Five benefits of data analytics for your sales branches

five-benefits-of-data-analytics-for-your-sales-branches

Your branches are the frontline of your business, leading the charge when it comes to customer interaction and building customer loyalty. At times, it may seem like they’re on an island, isolated from the rest of your company, operating independently or waiting for instructions on how to drive sales and profitability.

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - Executive, Industry - Consumer Goods

How to forecast stock on hand

how-to-forecast-stock-on-hand

The ability to deliver orders in full and on time (DIFOT) is essential to keeping satisfied customers. And maintaining appropriate stock levels ensures there is enough inventory on hand without tying up capital in unnecessary overstock. Yet, without the ability to accurately forecast stock on hand, keeping optimal stock levels can be a challenge.

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Topics: Business Intelligence Basics, Product, Job Role - Inventory/Operations

Why you need self-service reporting

why-you-need-self-service-reporting

In today’s fast-paced business environment, it can be difficult to predict and prepare for the future. This is why many companies are arming themselves with on-demand reporting. Self-service reporting allows users to produce reports and visualizations on-the-go.

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Topics: Business Intelligence Basics, Job Role - IT, Job Role - Marketing

Sales reps may not think they need data analytics. Here’s why they do.

sales-reps-may-not-think-they-need-data-analytics-here-s-why-they-do

Many sales reps have a certain way of doing things. Implementing new processes or adding new tools or technologies that attempt to change their habits can often be met with resistance.

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Topics: Business Intelligence Basics, Job Role - Sales, Job Role - Executive

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