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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

Budget 363
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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

KPI Dashboard Units Per Transaction Metric: This metric calculates the average number of units sold per transaction. By aggregating data from various customer touchpoints such as surveys, reviews, and support interactions, SMBs can gain valuable insights into customer sentiment and perceptions of their products or services.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accurate forecasting is a foundation of intelligent planning and budgeting. This group of KPIs is focused on evaluating how efficient your procurement process is. Spend vs budget measures the accuracy of budgeting. Purchase on time and budget = Number of correctly fulfilled orders / Total number of orders.

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IT Reports: Examples, Benefits, Best Practices and More

Kaseya

It’s also a great way for MSPs and businesses to check if they are maximizing their investment in technology, which can become a drain on resources and a costly endeavor if overlooked. IT reports help companies plan better budgets, prevent client churn and streamline processes by making informed business decisions.

Report 52
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How to Successfully Implement HR Analytics and People Analytics in a Company

Altexsoft

In January 2018, The US Bureau of Labor Statistics conducted an employee tenure survey. For example, managers can define the average employee tenure across departments or in a company as a whole, find out five critical reasons for people leaving, or compare budgets for personal education by years and units. or “what is happening?”