CIO Business Intelligence

FEBRUARY 16, 2023

Selling the value of data transformation Iyengar and his team are 18 months into a three- to five-year journey that started by building out the data layer — corralling data sources such as ERP, CRM, and legacy databases into data warehouses for structured data and data lakes for unstructured data.

Unstructured Data 105

Unstructured Data Data Lake Prescriptive Analytics Data Warehouse 105

DataKitchen

AUGUST 27, 2021

Part of the data team’s job is to make sense of data from different sources and judge whether it is fit for purpose. Figure 3 shows various data sources and stakeholders for analytics, including forecasts, stocking, sales, physician, claims, payer promotion, finance and other reports. DataOps Success Story.

Analytics 246

Analytics Sales Testing Cost-Benefit 246

AWS Big Data

NOVEMBER 15, 2023

It seamlessly consolidates data from various data sources within AWS, including AWS Cost Explorer (and forecasting with Cost Explorer ), AWS Trusted Advisor , and AWS Compute Optimizer. The difference lies in when and where data transformation takes place.

Dashboards 101

Dashboards Analytics Metadata Data Warehouse 101

Jedox

JANUARY 7, 2021

After data preparation comes demand planning, where planners need to constantly compare sales actuals vs. sales forecasts vs. plans. While many organizations already use some form of planning software, they’re often challenged by fragmented systems resulting in data silos and, therefore, inconsistent data.

Sales 81

Sales Forecasting Data Warehouse Finance 81

CIO Business Intelligence

SEPTEMBER 6, 2022

As a result, Pimblett now runs the organization’s data warehouse, analytics, and business intelligence. Establishing a clear and unified approach to data. We’ve got a trusted brand and we’ve just started to innovate based on our technology and data capabilities,” he says. We’re a Power BI shop,” he says. “I

IT 98

IT Forecasting Data Lake Data Warehouse 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 Job Roles.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

Smart Data Collective

JULY 20, 2021

Dell Boomi helps businesses automates manual data management tasks, ensuring more accurate data with quick business workflows. It also supports connecting Salesforce with other critical business applications for enterprise management, finance, human resources, operations and logistics.

Sales 141

Sales Big Data Marketing Software 141

CIO Business Intelligence

SEPTEMBER 8, 2022

“The enormous potential of real-time data not only gives businesses agility, increased productivity, optimized decision-making, and valuable insights, but also provides beneficial forecasts, customer insights, potential risks, and opportunities,” said Krumova. This is often made simpler if the number of platforms is kept to a minimum.

Cost-Benefit 122

Cost-Benefit Internet of Things Data-driven Data Lake 122

AWS Big Data

AUGUST 27, 2024

For example, you might want to know the usage cost in Amazon EMR for the finance business unit. After you have allocated costs to individual Spark jobs, this data can help you make informed decisions to optimize your costs. About the Authors Raj Patel is AWS Lead Consultant for Data Analytics solutions based out of India.

Metrics 82

Metrics Dashboards Data Lake Optimization 82

Jet Global

JANUARY 15, 2021

With the rollout of Microsoft’s Dynamics 365 Business Central (D365 BC) and Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , the company has moved toward rationalizing its portfolio of business applications, removing redundancy, and shifting to a cloud-first approach for the future.

Cost-Benefit 72

Cost-Benefit Data Lake Reporting OLAP 72

FineReport

JULY 22, 2021

Business Intelligence(BI) is defined as the concept of using modern data warehouse technology, online analysis and processing technology, data mining and data display technology for data analysis to achieve business value. The accuracy of store customer flow forecast has now reached 95%.

Business Intelligence 52

Business Intelligence Sales Forecasting Marketing 52

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

Jet Global

OCTOBER 22, 2020

The company is pointing customers to several other options, including “BYOD” (which stands for “bring your own database”) and Microsoft Azure data lakes. This leads to the second option, which is a data warehouse. In this scenario, data are periodically queried from the source transactional system.

Modeling 52

Modeling OLAP Reporting Sales 52

IBM Big Data Hub

OCTOBER 12, 2023

To optimize data analytics and AI workloads, organizations need a data store built on an open data lakehouse architecture. This type of architecture combines the performance and usability of a data warehouse with the flexibility and scalability of a data lake. Learn more about IBM watsonx 1.

Cost-Benefit 76

Cost-Benefit Metadata Data Governance Modeling 76

Jet Global

JUNE 17, 2024

Cash flow projections (also known as cash flow forecasting ) is the process of estimating and predicting the cash inflows, cash outflows, and cash balance a business can expect over a specific period of time, typically in the short- to medium-term.

Forecasting 52

Forecasting Finance Sales Cost-Benefit 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

OCTOBER 8, 2024

Oracle-driven finance teams today face increasingly complex challenges. In recent years, the finance function has had to adapt to become more flexible as they navigate market upheaval, global inflation, and rapid changes to technology. As a result, it’s no wonder that finance teams are grappling with skills shortages.

Finance 52

Finance Forecasting Reporting Data-driven 52

Jet Global

AUGUST 18, 2023

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

Finance 52

Finance Reporting Uncertainty Operational Reporting 52

Jet Global

DECEMBER 8, 2023

Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.

Finance 52

Finance Reporting Management Software 52

Jet Global

DECEMBER 30, 2021

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

Forecasting 98

Forecasting Recreation/Entertainment Sales Finance 98

Jet Global

FEBRUARY 15, 2024

2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. And it can’t come a moment too soon–nearly three-quarters of finance decision-makers (70%) feel pressure from market factors like inflation and economic disruption.

Finance 52

Finance Reporting Software Operational Reporting 52

Jet Global

FEBRUARY 28, 2022

Most operational reports are created for the finance and accounting departments, but other departments also require operational reports on a recurring basis, including sales, customer service, human resources, and marketing, to name a few. Finance Teams Create Recurring Operational Reports Frequently. Microsoft Power BI.

Finance 98

Finance Operational Reporting Recreation/Entertainment Reporting 98

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 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

MARCH 24, 2024

To build a flourishing ecosystem that seamlessly connects your tax department to finance and wider company, you need to make sure all aspects of your process are functioning to the best of their ability. These integrated tools can facilitate collaboration between finance and tax teams. Forecasting and Planning.

Finance 52

Finance Forecasting Reporting Dashboards 52

Jet Global

JANUARY 31, 2022

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. Driver-Based Budgeting and Planning: A Guide for Finance Teams. Monitor, Forecast, and Adjust. Start With Strategic Goals. Access Resource.

Forecasting 52

Forecasting Recreation/Entertainment Finance Cost-Benefit 52

Jet Global

MAY 9, 2024

The key components of a data pipeline are typically: Data Sources : The origin of the data, such as a relational database , data warehouse, data lake , file, API, or other data store. This can include tasks such as data ingestion, cleansing, filtering, aggregation, or standardization.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

JULY 28, 2023

To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

SEPTEMBER 1, 2023

The strain is especially palpable for finance professionals in the construction industry. Coping with Skills Shortages In 2023, the outlook for skills shortages for finance professionals is bleak. When it comes to hiring skilled finance teams, leaders are struggling to find new talent to replace recent retirees.

Finance 52

Finance Reporting Cost-Benefit Operational Reporting 52

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

FEBRUARY 2, 2022

Forward-looking financial documents may include budgets, projections, forecasts, and pro forma financials. In a recent post , we covered the fundamental distinctions between forecasts and projections. Budgeting and forecasting, likewise, are somewhat different. What is a Forecast? So What Exactly is “Budget Forecasting”?

Forecasting 52

Forecasting IT Recreation/Entertainment Finance 52

Jet Global

SEPTEMBER 1, 2023

SAP Central Finance is the KEY S/4HANA Deployment Option Are you still undecided on your path to move to S/4HANA? If so, consider this question: Why not use SAP Central Finance to start your move, and leverage prebuilt integration products from insightsoftware to simplify and accelerate your journey?

Finance 52

Finance Reporting Cost-Benefit Software 52

Jet Global

OCTOBER 18, 2021

The “What” and “Why” of Demand Planning and Forecasting. To allocate assets effectively and operate more efficiently, supply chain managers have turned to the science of demand planning and forecasting. Demand forecasting is about predicting potential spikes or troughs in demand. Successful Demand Planning and Forecasting.

Forecasting 52

Forecasting Recreation/Entertainment Sales Finance 52

Jet Global

SEPTEMBER 22, 2021

Financial Forecast vs. Projection In a Nutshell : Projections outline financial outcomes based on what might possibly happen, whereas forecasts describe financial outcomes based on what you expect actually will happen, given current conditions, plans, and intentions. Financial Forecasts vs. Projections.

Forecasting 52

Forecasting Recreation/Entertainment Finance Reporting 52

Jet Global

NOVEMBER 12, 2024

While this cloud ERP offers streamlined processes and improved scalability, it also limits the level of customization that finance teams have come to rely on for tailored, actionable insights. The findings paint a clear picture of the challenges facing SAP-powered finance teams migrating to the cloud. The result post-migration?

Finance 52

Finance Reporting Cost-Benefit Data-driven 52

Jet Global

APRIL 30, 2021

That’s encouraging for finance leaders who want their teams to be involved in value-adding activities like detailed forecasting, competitor analysis, and advising business units on strategies to maximize revenue and profitability. Finally, reimagine the finance operating model so that it fosters new skills and capabilities.”.

Finance 98

Finance Recreation/Entertainment Reporting Software 98