article thumbnail

Should finance organizations bank on Generative AI?

CIO Business Intelligence

In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In the numerically based finance and banking industry, does generative AI have as much application potential? In the numerically based finance and banking industry, does generative AI have as much application potential?

Finance 133
article thumbnail

IBM Connected Trade Platform helps power the digitization of trade and supply chain financing

IBM Big Data Hub

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 82
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Infor’s Velocity Summit Highlights Multiple Advances and Enhancements

David Menninger's Analyst Perspectives

The trade-off is capability and flexibility versus cost and time to value since third-party tools deal with end-to-end processes that span multiple applications in ways the Infor’s currently cannot. Typically, finance and accounting departments have proven to be technology laggards in adopting new methods.

Finance 130
article thumbnail

Leveraging The Cost-Cutting Benefits Of Cloud Accounting

Smart Data Collective

There are a lot of benefits of using big data to simplify the accounting process. Cloud accounting software has not only made the logistics of bookkeeping less cumbersome but it has also reduced business costs and given business owners easier access to their financial information. Save Money With Cloud Accounting.

article thumbnail

How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

We'll explore the concepts of products and services as revenue generators or revenue suckers, and delve into how to share cost and benefit dollars within a portfolio or business unit. You'll learn how to set clear, measurable targets, link them to your product strategy, and effectively communicate progress with stakeholders.

article thumbnail

How innovation workshops help to get smart about gen AI use cases

CIO Business Intelligence

It all comes down to cost benefit, and having a set of priorities. To make the process consistent and repeatable, I like to use a well-defined and balanced set of voting criteria, which helps place each idea into a cost-benefit matrix, often called a project prioritization matrix.

article thumbnail

25+ KPIs and Metrics for Finance Departments in 2020

Jet Global

What is a Finance Department and Manager Level KPI? A finance department Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure used to evaluate a company’s financial performance. Utilizing KPIs Within Your Finance Department. How to Build Finance Department KPI Dashboards. View Guide Now.

Finance 98