David vs. Goliath: The Hidden Strengths of SMB Finance Teams

As any business leader knows, the finance function plays a crucial role in managing resources, driving growth, and ensuring sustainability, no matter what the size of your organization. But the way a finance function operates and what it can deliver to the business can vary significantly between large companies and small to medium-sized businesses (SMBs) – yet the need might be identical. In this blog post, we’ll delve into four key differences in finance [...]

The Importance of Accurate Data and Visibility to Reduce Recession Impact

With the fast pace of business, data science is the way to elevate the playing field. Businesses can't get to the top without it. According to a study by the McKinsey Global Institute, data-driven organizations have the potential to increase their revenue by up to 20% compared to their peers. To explore this topic further, we turned to Grigorios Skolidis - the VP of Data Science at EBM - whose extensive expertise in this field [...]

Revolutionizing the Skincare Industry Through Data-Driven Precision

In the constantly shifting terrain of the skincare industry, where the Global Skincare Market is projected to surge to an astonishing USD 254 billion between 2023 and 2028, Catalyst by EBM stands as a beacon of innovation. With an eye-catching CAGR of 6.22% and face care comprising nearly half of that growth at 47.86%, the opportunities are vast and inviting. As companies strive to leverage this expansion, the necessity for nimble, data-driven strategies is [...]

The Importance of Partnering with ISO 27001 Compliant Companies

In today's data-driven world, data is one of a company's most valuable assets; protecting them is critical for its success and competitive differentiation. Companies rely on data to understand their customers, market trends, and competitive landscape. Analyzing data allows businesses to gain valuable insights that help identify growth opportunities, optimize processes, and enhance overall performance. Data control is of utmost importance for businesses, and partnering with ISO 27001 compliant companies plays a critical role [...]

Unlocking the Power of Data: How Catalyst Can Revolutionize Business Operations and Insights

As businesses grow, they often face the challenge of having inconsistent data across different systems and platforms, which can lead to confusion, errors, and missed opportunities. In fact, studies show that 84% of businesses struggle with data inconsistencies (Forbes). Catalyst is a platform that offers a range of tools and services to help businesses manage their data and streamline their operations. One of Catalyst's key strengths is its ability to act as a single source [...]

Driving ESG Success with Data: How Finance Teams Can Lead the Way

It's no secret that ESG (Environmental, Social, and Governance) is becoming more important in the business world. In fact, a survey of over 250 CFOs found that 70% believe sustainability issues will significantly affect future financial performance, while 59% think ignoring sustainability issues will lead to financial risks (Deloitte). Finance functions can support ESG efforts by integrating ESG metrics into financial planning and analysis, developing key performance indicators, engaging stakeholders, and aligning initiatives with business [...]

Data Visualization Examples: Making the Most of Your Data’s Story

Anyone with experience presenting data-driven business reporting to decision makers will tell you: presenting the data itself is never enough. Even if your data tells a great story, it won’t make a difference if people can’t see that story. That’s where data visualization comes in. To understand how data visualization makes persuasive data presentations possible, we sat down with Will Flor, EBM Software’s Senior Manager of Customer Success and Analytics. Will walked us through his [...]

The Tortoise and the Hare Revisited

In 2020, Slow and Steady Simply Won’t Cut It.   We all know the story of the tortoise and the hare. The hare, with his superior speed, starts off the race with a huge lead. He becomes overconfident and decides he can take a nap before crossing the finish line. The tortoise slowly and steadily catches up and surpasses his opponent to emerge victorious. Traditionally speaking, they say the moral of the story is "slow [...]

Using Analysis to Fight Uncertainty

3 Ways EBM Catalyst Can Help You Get Critical Data for Better Decisions. Just a few short weeks ago the idea that most of the country would be working from home (or not working at all) would seem like crazy talk, but yet, here we are. The COVID-19 pandemic has made for a difficult time the world over, but it has also been an eye-opening experience for many businesses. These businesses will no doubt be [...]

The Dirty Data Problem

3 Challenges Companies Face as They Strive for Clean Data “There is more data now than there has ever been at any point in history.” You can make this statement now, a week from now or two years from now, and it will always be true. At our current pace, it is estimated that we generate 2.5 quintillion bytes of data on a daily basis, and with the continued growth of IoT (Internet of Things) [...]

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