Paul Blogs on BI

DECEMBER 6, 2024

Needless to say, the CEO had an accounting background and was a finance guy used to numbers and spreadsheets. Its not that finance people dont want or need BI dashboards, its that their needs are different to say someone in sales, marketing, operations or HR.

Dashboards 52

Dashboards Finance Visualization Forecasting 52

datapine

FEBRUARY 9, 2024

When selecting KPIs to measure success, align them closely with your overarching business objectives. Anything else is just background noise and can distract you from what’s truly important in your business. While both can help to tell a story about your business’s performance, the two are not interchangeable.

KPI 221

KPI Management Key Performance Indicator Measurement 221

CIO Business Intelligence

MARCH 19, 2025

Encourage cross-functional collaboration : Partner with IT, operations and finance teams to align data-driven sustainability efforts with broader business objectives. By leveraging expertise in data governance, analytics and AI, they can help organizations align ESG goals with business objectives, ensuring long-term success.

IT 59

IT Data Governance Data-driven Metrics 59

BizAcuity

NOVEMBER 13, 2024

A skilled business intelligence consultant helps organizations turn raw data into insights, providing a foundation for smarter, more informed decision-making. The Significance of Data-Driven Decision-Making In sectors ranging from healthcare to finance, data-driven decision-making has become a strategic asset.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

CIO Business Intelligence

MARCH 13, 2023

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. You know you can’t get things wrong,” says Drouet.

Finance 52

Finance Data-driven Data Lake Cost-Benefit 52

CIO Business Intelligence

AUGUST 26, 2024

By aligning our operational strategies with our business objectives, we create a foundation that supports sustained growth and enables us to respond effectively to changes in the sector. We have also deployed a new finance ERP system and are actively expanding our HRIS solution to further streamline our operations.

Digital Transformation 124

Digital Transformation Strategy Finance Sales 124

Jet Global

NOVEMBER 22, 2021

For the finance team, it can also lead to frustrating delays, as it creates a dependency on an outside department. With software that is relatively easy to install and configure, your team will be free to focus on what matters most–using the software to achieve the key business objectives you identified earlier.

Software 98

Software Management Finance Dashboards 98

CIO Business Intelligence

OCTOBER 8, 2024

Managing disputes At the conference, SAP introduced two initial collaborative agent use cases for the finance sector: dispute management and financial accounting. Bickley has questions about this product too.

Business Objectives 130

Business Objectives ROI Finance Sales 130

Jedox

DECEMBER 12, 2019

From finance to sales planning to sales – different functions flow into the planning process. After all, finance teams create budgets – and planning teams use this information as the basis for their work. The classic planning approach is functionally controlled and linear. The direction of innovation development.

Sales 88

Sales Finance Business Objectives Risk 88

CIO Business Intelligence

MAY 7, 2024

In many cases, CDOs focus on business objectives, but in other cases, they have equal business and technology remits, according to the authors. Many early CDOs appeared in the finance industry as lenders faced fines related to the 2007-08 housing credit crisis.

Data Strategy 131

Data Strategy Data-driven Data Quality Data Governance 131

Jet Global

JANUARY 26, 2021

For larger enterprises, the company will be carrying forward it’s new cloud offering called Microsoft Dynamics 365 Finance & Supply Chain Management for Microsoft Dynamics AX customers. Unfortunately, there are limits to Business Central’s out-of-the-box integration with Excel. Manual processes result in poor accuracy.

Reporting 98

Reporting Finance Data-driven Visualization 98

CIO Business Intelligence

OCTOBER 17, 2022

STAR deprecated its original flat file exchange format long ago, and now publishes over 200 XML message formats for Business Object Documents (BODs) covering everything from exchanging sales leads through arranging credit, selling the vehicle, servicing it, and ordering parts for repairs to resell it.

Manufacturing 111

Manufacturing Sales Business Objectives Interactive 111

datapine

JANUARY 18, 2023

Rather is the sales department, customer service, logistics, or finances, this specific report type help track and optimize performance on a deeper level. They convey information between team members and departments to keep communication flowing regarding goals and business objectives.

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

JULY 31, 2023

Clarify how they will obstruct your achieving the IT vision and any overarching business objectives. If you’re like most CIOs, you have technical debt, talent shortages, a supply-and-demand imbalance of IT resources, and many IT capabilities immature enough to compromise your vision. Address these issues head on.

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

MAY 11, 2022

CIOs must also account for the criticality and timing of each business process, from front-office processes such as sales and customer service to back-office processes such as operations, human resources and finance. Idle personnel, employee morale and reputation costs that are not easily definable in dollars can bring down a business.

Management 98

Management Insurance Testing Finance 98

CIO Business Intelligence

AUGUST 27, 2024

Define clear objectives and secure executive buy-in Articulate challenges and benefits: Communicate the challenges posed by legacy applications and the potential benefits of APMR. Involve key stakeholders: Engage stakeholders from business, finance, operations, and IT teams to ensure alignment and support.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

Smart Data Collective

SEPTEMBER 25, 2023

In a nutshell, IT budgeting is the process of managing your finances wisely to make sure your tech doesn’t break the bank and keeps your business running smoothly. Ensure that all IT expenditures align with business objectives and require proper approval. How to Optimize IT Budgeting?

Data-driven 124

Data-driven IT Cost-Benefit Big Data 124

Cloudera

OCTOBER 30, 2023

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. Technology, finance, and operations collaborate to bring financial accountability to cloud spend.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

CIO Business Intelligence

JUNE 5, 2023

Regardless of whether they take a ‘build on’ or ‘create anew’ approach, CIOs should consider three key actions to meet their sustainability and broader business objectives. In other cases, they’re innovating and creating better solutions by identifying, building, and scaling those technologies to be more sustainable.

Measurement 105

Measurement Software Visualization Business Objectives 105

CIO Business Intelligence

FEBRUARY 1, 2023

Lacking a clear strategy determined by business objectives. for example Healthcare, Legal, Finance) What is your success rate in migrating applications/systems? @benrothke Asked about the main challenges in migrating premises-based workloads to the cloud, issues centered around planning, strategy and not moving too fast.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

APRIL 19, 2022

Business objective determines the choice, in which enterprise architecture is a huge influencer.” — Ankit Thakkar | Automation & Finance Digitization Leader, Thermofisher. But if your business objective is purely task automation, RPA can do the job.

Digital Transformation 111

Digital Transformation Insurance Business Objectives ROI 111

CIO Business Intelligence

OCTOBER 2, 2023

PMOs will often be headed up by a director who is responsible for ensuring project alignment with business objectives. Project management office structure and roles The structure and roles of PMOs differ based on their type and the organizations they support.

Management 124

Management Scorecard Key Performance Indicator Risk 124

CIO Business Intelligence

AUGUST 31, 2023

I view digital transformation as the integration of digital technologies to accelerate business objectives. The use of digital technologies has and will continue to change how a business operates and how it delivers value to customers and team members. Technology is the business.

Digital Transformation 98

Digital Transformation Business Objectives Strategy Enterprise 98

CIO Business Intelligence

APRIL 4, 2022

Paper-based finance processes have been replaced with automated workflows, and internal reviews of business investments, which used to be a hard copy-based process, have also been automated. Zoom calls became the norm, but he struggled to truly connect with employees globally and instill the right business objectives and purpose.

Experimentation 133

Experimentation Interactive Business Objectives Manufacturing 133

CIO Business Intelligence

JULY 24, 2024

It shows the importance of eliminating investments that no longer align with core business objectives. CIOs should form diverse IT, business, and finance teams to ensure comprehensive decision-making. This approach aligns portfolio governance with business strategy and risk tolerance.

Technology 98

Technology Experimentation Cost-Benefit Digital Transformation 98

Jet Global

JULY 29, 2020

It’s also important to consider your business objectives, both inside and outside finance. Finally, talk to stakeholders in finance, IT, and the C-suite about what the ideal reporting process looks like to both producers and consumers. That way the replacement is an actual upgrade. Assess Current Discoverer Report Use.

Reporting 98

Reporting Cost-Benefit Consulting Finance 98

FineReport

DECEMBER 9, 2021

A business intelligence strategy is a framework that enables enterprises to use the right BI tools to analyze the correct data and then report to the right people to aid in making the right decisions. At the same time, enterprises can use the BI strategy to reach various business objectives gradually. Three Rights.

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

CIO Business Intelligence

MAY 9, 2022

Successful Chief Information Officers (CIOs) and Chief Technology Officers (CTOs) align technology with the organization’s business plan, consistently leaning on updated three- to five-year strategic vision plans to guide data and technology choices that maximize value and support business objectives.

Digital Transformation 98

Digital Transformation Data-driven Sales Risk 98

CIO Business Intelligence

OCTOBER 13, 2022

Too often IT initiatives are undertaken solely as technical projects, with only loose affiliation with line-of-business stakeholders, ushering in the risk of drifting too far from the overall goals and business objectives of the organization. across functions (HR, Finance, IT, etc.),

ROI 132

ROI IT Sales Consulting 132

Jet Global

SEPTEMBER 4, 2020

When Microsoft released the next generation of the product in 2017, Microsoft Dynamics 365 for Finance and Supply Chain Management (D365F&SCM) , there were some significant changes behind the scenes. Data Entities. One very important change had to do with access to the database. Download Now. Key Takeaways.

Data Lake 88

Data Lake OLAP Data Warehouse Unstructured Data 88

IBM Big Data Hub

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus.

Manufacturing 71

Manufacturing Business Objectives Optimization Data-driven 71

datapine

JUNE 15, 2023

Company performance reports As its name suggests, this type covers any kind of business-related area or department that is key to the success of the organization as a whole. We are talking about sales, finances, customer service, human resources, and more. Let’s start with an example from the financial side.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

FEBRUARY 22, 2022

That said, for business intelligence to succeed there needs to be at least a consensus on data definitions and business calculations. For example, finance and sales may define “gross margin” differently, leading to their numbers not matching. The lack of agreement on definitions is a widespread problem in companies today.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Jet Global

OCTOBER 26, 2020

We know top-tier talent plays a key role in accelerating growth and achieving business objectives. Joe and Stacy will help us accelerate our vision and create a world-class operation, ultimately transforming the way finance organizations work around the world.”. About insightsoftware.

Sales 52

Sales Finance Business Objectives Software 52

Alation

AUGUST 9, 2021

Pologruto solved this problem by giving people the option to analyze data in the tool of their choice: Jupyter Notebooks for data scientists and more technical teams, and Sigma for business teams. Business users love pivot tables and lookup functions. You’ll never convince an Operations or Finance manager to give them up.

Analytics 98

Analytics Data-driven Data Analytics Contextual Data 98

datapine

MARCH 31, 2022

For instance, you will learn valuable communication and problem-solving skills, as well as business and data management. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We We don’t want to just go off to the next shiny object,” she says.

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134