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The rapid growth of data volumes has effectively outstripped our ability to process and analyze it. The first wave of digital transformations saw a dramatic decrease in data storage costs. On-demand compute resources and MPP cloud datawarehouses emerged. Optimize raw data using materialized views.
The certification focuses on the seven domains of the analytics process: business problem framing, analytics problem framing, data, methodology selection, model building, deployment, and lifecycle management. The exam consists of 40 questions and the candidate has 120 minutes to complete it.
On January 4th I had the pleasure of hosting a webinar. It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Link Data to Business Outcomes.
and TC Facilities Management, to see how they’re using data to make real change. Learn how these companies have transformed their businesses with data and analytics. The full webinar is available on-demand and contains even more tips, implementation guidance, and future plans for AI from these companies. Watch Webinar.
This scenario suggests that in the not too distant future, there will be a large “long-tail” of producers that will have to be taken into account for any production forecasting model. To learn more: Read how utilities lever Cloudera to manage smart meters data.
10, 2019, webinar with Matt Simonsen and Doug Tiffan on “Four areas retailers must analyze to stay ahead of the competition.” As a result, departments pull their own data independently and create their own version of performance. In your upcoming webinar Sept. Watch the on-demand webinar with DVF. Attend Sept.
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.
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.
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 business performance has never been so challenging. . Yet, even in these extreme circumstances, there are organisations that forecast much more dependably than their contemporaries. . They are also three times more likely to be able to forecast out further than 12 months. . what is going to ‘move the dial’).
FSN’s most recent research, “Agility in Planning, Budgeting and Forecasting” , confirms and quantifies the compelling advantages of modernizing and digitizing the planning, budgeting, and forecasting process. In a nutshell, transformation leaders forecast more quickly and accurately and further out on the time horizon.
We asked webinar attendees to report how their tax department is viewed by other coworkers. Reshaping Future Growth: Top Tips on How to Manage Tax Forecasts. A large number of insightsoftware’s webinar attendees (67%) reported that they faced particular strategic barriers within the realm of tax and finance forecasting.
The results of the FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 analyzes the performance and agility of the PBF processes across over 500 organizations. They show that, on the whole, we forecast more quickly than we did four years ago, but that forecast accuracy has deteriorated. Enable cookies.
The results of the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021 clearly shows how implementing rolling forecasts helps organizations to improve both forecast speed and accuracy. However, rolling forecasts are not something you can create and manage in spreadsheets.
Our findings echo this insight, with the overwhelming majority of Oracle ERP finance teams (98%) experiencing data integration challenges. Of those Oracle-based teams that reported data integration challenges, 83% say that poor data management or integration is the main obstacle to effective reporting, forecasting, compliance, etc.
Finance decision makers should seize every opportunity to automate processes when possible, freeing up resources for deeper analysis and strategic planning and forecasting. Real-time integration with JD Edwards puts you in control with live data so your decisions are based on consistent, reliable, and accurate information.
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. The Need to Free Up Time. User Acceptance.
According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. FSN Global Survey 2021: Agility in Planning, Budgeting and Forecasting.
Jet Analytics is a robust Business Intelligence (BI) solution that complements Jet Reports with a datawarehouse and advanced analytics capabilities. It includes pre-built projects, cubes, and data models, as well as a suite of ready-to-run reports and dashboards. We designed Jet Analytics for operational efficiency.
There’s an old saying in the business world that “All forecasts are wrong.” Consider sales forecasts, for example. There’s another adage, often repeated by military leaders, that says “no plan of battle ever survives first contact with the enemy.”. Understand the Best Case, Worst Case, and Everything in Between.
Once your new ERP is in place, financial and operational reporting should have access to uninterrupted data sets and forecasting that draws on a successive, accurate history. Essentially, the data will not give clues that it was ever transported from one system to another. Why You Should Migrate.
Check out our on-demand webinar on how to master pixel-perfect reports with Logi Symphony. By planning ahead and choosing a robust solution like Logi Symphony, you can ensure a seamless transition to an enhanced experience. Ready to learn more?
Tune into our on-demand webinar on how to enhance BI with advanced data connectivity. With a platform like Logi Symphony, youre not just saving timeyoure investing in a future-proof solution with an aggressive roadmap to increase ROI. That means you can focus on what you do best while delivering immense value to your users.
Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. I'd like to see a demo of insightsoftware solutions.
With a thorough foundation of trends, you’ll be able to forecast growth for the coming months and see your progress and growth with less work involved. One of the main points of closing your books is seeing and understanding trends, something made easier with financial reporting software. Saves Time and Money.
Enhanced Accuracy: Centralized data oversight minimizes errors and inconsistencies. A single source of truth for all budgeting activities increases the reliability of financial forecasts. Instead, everyone could have access to accurate, near real-time data from within your financial planning automation software.
This year, an Oracle survey of CFOs reveals CFO’s top challenges include navigating the need to cut costs, retaining talent within the finance function, and focusing on more accurate forecasting. But there isn’t a simple solution for forecasting with Oracle alone. Ready to learn more?
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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. Watch this on-demand webinar to hear our reporting experts give an overview of key ESMA ESEF mandate information.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
Leveraging EPM tools for demand planning and forecasting allows organizations to optimize inventory levels, align production schedules with customer demand, and reduce the risk of leaving distributors and retailers with stockouts or excess inventory. What are the five basic components of supply chain management?
The answer depends on your specific business needs and the nature of the data you are working with. Both methods have advantages and disadvantages: Replication involves periodically copying data from a source system to a datawarehouse or reporting database. Empower your team to add new data sources on the fly.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
Due to their complexity and susceptibility to manual entry errors, creating agile scenario plans and rolling forecasts is simply not feasible in static spreadsheets. With a familiar spreadsheet-like interface, Bizview is a planning solution that offers anywhere, anytime access to your planning data in a single repository.
A true OTIF can be elusive, especially when unknown factors are lurking in your data. Utilize SAP Data for Faster and More Accurate Forecasting. Recently, insightsoftware broke this all down in a webinar created and led by Richard den Ouden, the co-founder of Angles of SAP. The on-demand webinar is available here.
For many businesses, the idea of financial forecasting or planning based on last year’s numbers seems far less advisable than it was in the past. Fortunately, there are some powerful tools available to make financial planning, forecasting, and budgeting processes significantly easier than they once were. Finance Plays a Pivotal Role.
I'd like to see a demo of insightsoftware solutions. I agree to receive digital communications from insightsoftware containing, news, product information, promotions, or event invitations.
To have any hope of generating value from growing data sets, enterprise organizations must turn to the latest technology. You’ve heard of datawarehouses, and probable data lakes, but now, the data lakehouse is emerging as the new corporate buzzword. To address this, the data lakehouse was born.
Usually these might be associated with “what if” questions, such as “What if actual sales fall short of the forecast (or significantly exceed the forecast)?”. What if revenue comes in well under the forecast? Let’s consider the previous example in which sales come in well under forecast or over forecast.
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