Remove Data Integration Remove Finance Remove Forecasting
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Data integration: The key to AI-supported planning systems

Jedox

In our previous blog post “ Proven AI solutions for modern planning “, we shared detailed insights from Dr. Rolf Gegenmantel, our Chief Marketing & Product Officer, into data management and data integration as a basis for advanced analytics and automated sales forecasts at Mitsui Chemicals Europe.

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Data-driven financial planning is still falling short of its potential

CIO Business Intelligence

Among the relationships that technology teams have with other business departments, the potential for improved IT-finance collaboration is quite possibly the most under-explored. It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Poor quality data.

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How a water technology company overcame massive data problems with ActionKPI and IBM

IBM Big Data Hub

Through the formation of this group, the Assessment Services division discovered multiple enterprise resource planning instances and payroll systems, a lack of standard reporting, and siloed budgeting and forecasting processes residing within a labyrinth of spreadsheets. It was chaotic.

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5 financial planning software capabilities that drive business value

Jedox

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.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

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.

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Financial planning & budgeting: Navigating the Budgeting Paradox

IBM Big Data Hub

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.

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How Have Global Fluctuations Changed Your Planning Process?

Jet Global

For many organizations, a frequent complaint related to financial planning has been the level of disconnect that sometimes exists between Finance and Operations. Planners began to integrate functional and departmental plans into their own forecasts. Top-down planners found themselves collaborating more with frontline managers.