Collectiv

JUNE 13, 2023

Data analysis is a treasure trove for non-profits. Solid processes around nonprofit data give you critical information to highlight unique aspects of your organization, boost morale, increase credibility, enhance transparency, and build community awareness to support your mission.

Nonprofit 52

Nonprofit Leverage Budgeting Analyzing Data 52

Centage

DECEMBER 14, 2023

Forecast error calculators : Leverage forecasting tools and calculators to automate error calculations and streamline the process. Cumulative sum of forecast errors (CUMFE) : Analyze the total sum of forecast errors over time to identify patterns and trends. This is also referred to as budget vs actuals reporting.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Forecasting Budgeting Analyzing Data 40

Centage

DECEMBER 13, 2021

Without connected data teams have limited ability to predict future performance to inform current decisions. Nick Fischer: Finance teams need to do three things: compile data, analyze data, and then use that data to advise leadership decision making. You’ll need to rely on your instincts, but it’s dangerous.

Financial Planning and Analysis (FP&A) 84

Financial Planning and Analysis (FP&A) Technology Forecasting Budgeting 84