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

IBM Big Data Hub

SEPTEMBER 6, 2023

Obsolete data and financial projections A budget, at its core, is a financial forecast. To navigate the Budgeting Paradox, organizations are leaning towards more agile budgeting models like rolling forecasts and zero-based budgeting with other strategies, such as integrated business planning.

Forecasting 82

Forecasting Marketing Sales Risk 82

CIO Business Intelligence

AUGUST 9, 2024

As part of its plan, the IT team conducted a wide-ranging data assessment to determine who has access to what data, and each data source’s encryption needs. As part of its plan, the IT team conducted a wide-ranging data assessment to determine who has access to what data, and each data source’s encryption needs.

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

Jedox

SEPTEMBER 3, 2020

The room for poor assumptions and missed forecasts shrank. Build for broad and deep data integration. Old pre-crisis planning took historic company data like aggregated product sales and applied run-rates. Now planning needs direct third-party data feeds like health, policy, and socio-economic drivers.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams.

IT 59

IT Data Governance Data-driven Metrics 59

Jet Global

OCTOBER 28, 2021

Magnitude has become a leader in helping companies transform their data into a competitive advantage, offering self-service operational reporting and process analytics with an extensive library of customizable report templates for Oracle and SAP ERP systems. Over 28,000 organizations worldwide rely on?insightsoftware’s?portfolio

Operational Reporting 83

Operational Reporting Data-driven Finance Reporting 83

Jedox

JANUARY 13, 2023

The answer is simple: most organizations use financial planning solutions that lack the adaptability, integration, and simplicity that high-performing teams need to collaborate effectively. 1 As planning solutions evolve to meet this demand, finance leaders must consider which capabilities best fit their organization’s needs.

Software 52

Software Finance Forecasting Data Lake 52

Jet Global

JULY 14, 2020

Financial forecasting and modeling represent key functions of FP&A. Finance professionals use this type of model to generate a budget for the upcoming fiscal year. Budget models are based on a set of assumptions and historical financial data with a strong focus on the income statement. Budget model. They’re risky.

Modeling 97

Modeling Finance Strategy Cost-Benefit 97

Jet Global

MAY 31, 2023

Pillar Two requirements, improving financial planning with consistent, correct tax payments and reliable tax forecasting. Managers of tax, finance, and auditing can now align provisioning, projecting, country-by-country reporting, operational transfer pricing, and Pillar Two compliance in a single solution.

Finance 59

Finance Forecasting Reporting Cost-Benefit 59

Jedox

JULY 25, 2019

Budgeting, Planning & Forecasting using Excel remains one of the most commonly used methods by FP&A professionals. The demands on the Office of Finance to increase value across the organization continue to grow due to the impact of digital transformation. When data is copied and shared numerous times, process control gets lost.

Forecasting 40

Forecasting Digital Transformation Finance Data Integration 40

CIO Business Intelligence

FEBRUARY 16, 2023

That step, primarily undertaken by developers and data architects, established data governance and data integration. The offensive side is how to generate revenue, all of the insights from the historical data that we have collected and, in fact, forecast the trends that are coming,” Iyengar says.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

Smarten

SEPTEMBER 28, 2022

Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques. Plan and forecast accurately. Predictive Analytics Using External Data. Demand Planning. Product/Service Cross-Selling.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Jet Global

DECEMBER 7, 2020

IDL understands the needs of finance teams – high-quality data, integrated intercompany clearing and continuous financial consolidation aligned with the respective accounting standards – and brings deep expertise in the international consolidation and close requirements for customers in Germany, Austria, and Switzerland with global operations. “In

Finance 52

Finance Software Reporting Forecasting 52

Jet Global

MAY 16, 2023

A recent survey by insightsoftware and Hanover Research reported 63% of IT decision makers find that finance is either very- or over-reliant on the IT department for operational reporting. Both statistics are alarming considering market uncertainty increases the demand for more frequent, more accurate forecasts and reporting.

Uncertainty 52

Uncertainty Finance Reporting Cost-Benefit 52

Jedox

JULY 31, 2018

It runs statistics and algorithms (also known as data mining) on masses of historical data to calculate probabilities and future events. Modern-day forecasting, for example, relies heavily on predictive analysis. GPU Accelerated Computing and Data Integration Technologies support AI. Jedox GPU Accelerator.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

Cloudera

SEPTEMBER 7, 2023

Perhaps the biggest challenge of all is that AI solutions—with their complex, opaque models, and their appetite for large, diverse, high-quality datasets—tend to complicate the oversight, management, and assurance processes integral to data management and governance. Find out more about CDP, modern data architectures and AI here.

Insurance 83

Insurance Risk Data-driven Finance 83

Jet Global

MARCH 25, 2020

While JD Edwards transactional data is required to run period close reports, analyze trends, and prepare forecasts for planning and budgeting, it comes with a lot of complexity. JD Edwards World has no less than 1600 tables of data to support just its business applications. Each table can be huge.

Reporting 45

Reporting Finance Sales Visualization 45

IBM Big Data Hub

OCTOBER 12, 2023

Security and privacy —When all data scientists and AI models are given access to data through a single point of entry, data integrity and security are improved. But the implementation of AI is only one piece of the puzzle. Learn more about IBM watsonx 1.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

FineReport

MAY 31, 2023

A financial dashboard, one of the most important types of data dashboards , functions as a business intelligence tool that enables finance and accounting teams to visually represent, monitor, and present financial key performance indicators (KPIs). What is A Financial Dashboard?

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

DataKitchen

MARCH 13, 2025

Similarly, in data management, different teams use and create or modify data for their specific needs but often do not take responsibility for maintaining its quality for others’ use. This results in degraded data integrity over time, with no single entity accountable for ensuring its reliability.

Data Quality 189

Data Quality Scorecard Data-driven Cost-Benefit 189

Jet Global

MARCH 28, 2025

Therefore, the finance team plays a critical role similar to the human heart by planning, managing, analysing, and allocating the organisation’s cash to various departments to ensure efficient and smooth functioning and achieve organisational goals. Finance is the heart, and cash is the blood.

Forecasting 52

Forecasting Finance Metrics Reporting 52

Jet Global

JANUARY 15, 2025

Gartner identifies several essential capabilities that define leaders in this space, including: Financial Planning, Budgeting, and Forecasting: Empowering users with flexible, customizable models and enterprise-wide aggregation to streamline and optimize financial planning.

Software 52

Software Finance Forecasting Reporting 52

Jet Global

FEBRUARY 7, 2025

The standard ensures that lease agreements are reflected accurately in financial statements, reducing reliance on off-balance-sheet financing and aligning businesses with global accounting standards. Understanding IFRS 16s intricacies is essential for compliance and effective financial planning. What is IFRS 16?

Finance 40

Finance Reporting Cost-Benefit Management 40

Jet Global

JANUARY 14, 2025

From recessions to booms and everything between, the finance landscape has changed immensely since the turn of the century. However, due to factors like insufficient use cases, lack of necessary technical skills, low-quality data, and a general reluctance to embrace new technology, the finance industry has been slow to adopt AI.

Finance 52

Finance Reporting Cost-Benefit Software 52

Jet Global

OCTOBER 28, 2024

Although Oracle E-Business Suite (EBS) provides a centralized hub for financial data, the manual process of exporting data into spreadsheets is both time-consuming and prone to errors, forcing finance teams to spend considerable time verifying numbers. How do you ensure greater efficiency and accuracy for your financial reports?

Reporting 52

Reporting Finance Recreation/Entertainment Data-driven 52

Jet Global

JULY 31, 2022

Recent global crises have permanently changed the face of finance. Still adapting to a rapidly changing market, organizations are striving to embed data processes that can help guide them through these uncertain times. In the wake of these changes, the finance function has transitioned to a more forward-looking approach as well.

Finance 52

Finance Forecasting Operational Reporting Reporting 52

Jet Global

OCTOBER 14, 2022

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Inability to properly budget and forecast. Break Down Silos.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

OCTOBER 1, 2024

Finance professionals often stick to proven methods, understanding that disrupting established systems can jeopardize time-sensitive financial processes. How do you embrace finance transformation without downtime or a steep learning curve? Here, we discuss three ways to smoothly transform your finance strategy.

Finance 52

Finance Strategy Reporting Optimization 52

Jet Global

NOVEMBER 14, 2024

By focusing on system and data alignment and equipping Oracle-powered finance teams with autonomous, efficient tools, organizations can smooth the transition and keep disruptions to a minimum. Maintain a Single Source of Truth Ensuring data integrity is of utmost importance during migration.

Reporting 52

Reporting Finance Operational Reporting Management 52

Jet Global

APRIL 13, 2023

The last couple of years have been volatile for the finance industry. Runaway inflation, rising interest rates, and recent bank failures have finance leaders on edge and looking for ways to shore up their defenses as recession becomes more likely. For example, an initial forecast is set for four quarters of a year.

Forecasting 52

Forecasting Uncertainty Finance Reporting 52

Jet Global

JULY 1, 2022

Reshaping Future Growth: Top Tips on How to Manage Tax Forecasts. With these considerable time savings, they can use the product to map out different scenarios with actual and forecasted finance data to make their own strategic suggestions from a tax perspective. Download Now. Challenges Equal Opportunities.

Software 98

Software Forecasting Finance Reporting 98

Jet Global

JULY 29, 2022

Finance leaders are facing the most turbulent trading conditions for more than a generation. Forecasting business performance has never been so challenging. . Yet, even in these extreme circumstances, there are organisations that forecast much more dependably than their contemporaries. .

Forecasting 52

Forecasting Finance Reporting Software 52

Jet Global

JUNE 17, 2021

Although the workbooks were standardized, data entered were not always complete or in line with numbers forecast earlier in the year. The semi-manual approach to data capture also led to inaccuracies that needed to be managed and corrected centrally. Managing Data Integrity. The Need to Free Up Time.

Risk 98

Risk Recreation/Entertainment Forecasting Manufacturing 98

Jet Global

AUGUST 3, 2022

ESG reporting is rapidly becoming a key focus area for finance teams around the world. First, it will prepare finance teams for a situation that many see as inevitable. Δ The post Sustainability Reporting: A Modern Finance Imperative appeared first on insightsoftware. ESG stands for “environmental, social, and governance.”

Finance 52

Finance Reporting Metrics Software 52

Jet Global

AUGUST 12, 2022

As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

MAY 1, 2023

Healthcare is forecasted for significant growth in the near future. Head of Sales Priorities Make quota Get an accurate forecast Beat the competition Expand market share Facilitate customer success Connect the Dots Remember that the sales team is on the front lines.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52