Cloudera

JANUARY 21, 2021

While cloud-native, point-solution data warehouse services may serve your immediate business needs, there are dangers to the corporation as a whole when you do your own IT this way. And you also already know siloed data is costly, as that means it will be much tougher to derive novel insights from all of your data by joining data sets.

Data Warehouse 92

Data Warehouse Data Lake IT Analytics 92

Jet Global

JANUARY 2, 2020

Data Warehouses Don’t Solve the Problem. To get the best out of their BI tools, businesses often call in the IT team to set up a data warehouse to transform their data into a structure more suited to reporting. But this does not solve the problem for finance, either.

Finance 52

Finance Management Data Warehouse Recreation/Entertainment 52

Jet Global

DECEMBER 12, 2019

Data Warehouse? Often IT will invest in an expensive data warehouse to structure an organisation’s data in a way that is designed to get the most out of their BI tool. A data warehouse captures summarised data, breaking the link to the ERP’s underlying transactions. Forget About It.

Reporting 52

Reporting Finance Data Warehouse Recreation/Entertainment 52

DataRobot Blog

FEBRUARY 21, 2022

Also, since security and risk management have become board-level issues for organizations ( Gartner ), you need to think about these as well. Before deciding what would be the best tool for your data science team, let’s look at the criteria for how you choose a notebook solution: Efficiency: What languages can I use?

Data Science 52

Data Science Recreation/Entertainment Risk Visualization 52

BizAcuity

APRIL 14, 2022

Be it supply chain resilience, staff management, trend identification, budget planning, risk and fraud management, big data increases efficiency by making data-driven predictions and forecasts. With adequate market intelligence, big data analytics can be used for unearthing scope for product improvement or innovation.

Big Data 52

Big Data Data Analytics Management Unstructured Data 52

Cloudera

MAY 22, 2018

Most often, cloud ends up recreating the application silos of the past, only more so, because of the easy way anyone can upload a dataset and spin up a new application. This introduces complexity and risk, and increases cost substantially. It makes machine learning accessible and collaborative and easy to put into production.

Enterprise 40

Enterprise Recreation/Entertainment Data Warehouse Machine Learning 40

Jet Global

DECEMBER 23, 2020

On the way there, however, there is a great deal that business leaders can do to rein in costs, reduce risks, and increase the value that ultimately comes out of ERP system upgrades. At the same time, you may not want to lose the ability to report against historical data.

Cost-Benefit 52

Cost-Benefit Data Warehouse Reporting Recreation/Entertainment 52

BizAcuity

OCTOBER 7, 2019

This could be for BCP purposes or merely to mitigate risks of having a single system. In this case, the migration would mean the data gets ported to the new system, but also co-exists in the existing system. It also saves the organization’s licensing costs by limiting to a single data warehouse.

Consulting 65

Consulting Data Warehouse Strategy Recreation/Entertainment 65

BizAcuity

OCTOBER 7, 2019

This could be for BCP purposes or merely to mitigate risks of having a single system. In this case, the migration would mean the data gets ported to the new system, but also co-exists in the existing system. It also saves the organization’s licensing costs by limiting to a single data warehouse.

Consulting 55

Consulting Data Warehouse Strategy Recreation/Entertainment 55

Alation

FEBRUARY 13, 2020

A robust data catalog provides many other capabilities including support for data curation and collaborative data management, data usage tracking, intelligent dataset recommendations, and a variety of data governance features. Benefits of a Data Catalog. Improved data efficiency.

Metadata 64

Metadata Data Lake Recreation/Entertainment Big Data 64

Cloudera

MARCH 6, 2018

This leads to extra cost, effort, and risk to stitch together a sub-optimal platform for multi-disciplinary, cloud-based analytics applications. If catalog metadata and business definitions live with transient compute resources, they will be lost, requiring work to recreate later and making auditing impossible.

Analytics 40

Analytics Metadata Recreation/Entertainment Big Data 40

BizAcuity

OCTOBER 7, 2019

This could be for BCP purposes or merely to mitigate risks of having a single system. In this case, the migration would mean the data gets ported to the new system, but also co-exists in the existing system. It also saves the organization’s licensing costs by limiting to a single data warehouse.

Consulting 40

Consulting Data Warehouse Strategy Recreation/Entertainment 40

Domino Data Lab

JULY 2, 2019

Some may ask: “Can’t we all just go back to the glory days of business intelligence, OLAP, and enterprise data warehouses?” One clear lesson of the early 21st century: strategies at scale that rely on centralization are generally risks (John Robb explores that in detail in Brave New War which I’ve just been reading – good stuff).

Metadata 105

Metadata Machine Learning Data Science Data-driven 105

Jet Global

JUNE 17, 2021

The post Exercising Control Over Transfer Pricing: How to Avoid Risks at Year-End appeared first on insightsoftware.

Risk 98

Risk Recreation/Entertainment Forecasting Manufacturing 98

Jet Global

OCTOBER 28, 2024

However, many other tasks still require a high level of manual effort due to limitations in automation, increasing inefficiencies, and the risk of mistakes. Some tasks, such as account reconciliation (38%), ad-hoc custom reports (33%), or data entry (30%), are still conducted manually.

Reporting 52

Reporting Finance Recreation/Entertainment Data-driven 52

Jet Global

NOVEMBER 15, 2021

For an organization to be successful in their tax function, they need to evaluate the performance of their tax function using a variety of KPIs and metrics, ranging from traditional KPIs such as effective tax rate, filing timelines, financial risk management, etc.; KPIs for Tax Departments – Tax Risk. Download Now.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

APRIL 5, 2021

Risk management. This is achieved through thorough risk management strategies that are continually reviewed. Some people consider LBOs to be an incredibly aggressive and risky move, but with great risk comes great reward. . Raising capital in the form of debt or equity. Acquiring new assets or other businesses.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

MARCH 2, 2022

For one, companies that place an emphasis on their environmental and social impacts and responsibilities, have been shown to be more resilient and that they’re able to manage their risks better during a crisis. The SFDR aims to give more transparency about sustainability and provide a common set of rules on sustainability risks.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

OCTOBER 7, 2021

However, companies should also consider that avoiding all credit risks can lead to a reduction of revenue due to lost sales.Bad Debt to Sales Ratio = Total Bad Debt / Total Annual Sales. Bad Debt to Sales Ratio – This accounting manager KPI shows the number of unpaid invoices compared to total sales.

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110

Jet Global

MAY 3, 2021

Because Microsoft D365BC does not enable drill-down capabilities for financial reporting or facilitate the easy merger of data from multiple sources into a single source of truth, finance teams often resort to manual data dumps, copy/pasting data from various sources into static spreadsheets for analysis.

Operational Reporting 98

Operational Reporting Reporting Finance Recreation/Entertainment 98

Jet Global

JULY 15, 2021

Mitigate Risk. Last, but not least, scenario modeling helps companies understand their risk exposure. By modeling these kinds of scenarios in advance, business leaders have a much clearer picture of potential areas of risk. When they do so, managers are much better equipped to make fully informed decisions.

Modeling 98

Modeling Recreation/Entertainment Sales Cost-Benefit 98

Jet Global

NOVEMBER 8, 2021

When you are planning an ERP migration, sizing up the tools and technologies that will enable or inhibit the success of your data migration is an important step in the process. Accelerating and De-Risking Validation. Simplify Post Migration Data Clean-up. There is no doubt that data migration can be messy.

Recreation/Entertainment 98

Recreation/Entertainment Reporting Finance Cost-Benefit 98

Jet Global

JUNE 30, 2021

As such, it can be concluded that the higher the ratio, the higher the risk to shareholders. As a rule of thumb, investors should consider anything less than 10 percent as a poor rate of return: for comparison, the S&P 500 long-term average return is 14 percent, and likely has less associated risk.

Metrics 106

Metrics KPI Dashboards Advertising 106

Jet Global

NOVEMBER 1, 2021

With that being said, the wrong financial program chosen for your company does have the risk of doing more harm than good. Remember to tick off all of these criteria (possibly on an Excel month-end close checklist) before closing your books, otherwise, you risk leaving out important information. #1. Have You Recorded Incoming Cash?

Reporting 98

Reporting KPI Recreation/Entertainment Software 98

Jet Global

DECEMBER 23, 2021

Clearly, if data errors are left unchecked, it can have serious consequences. In a fast-changing environment in which reporting agility is crucial, 72% finance functions say that their reporting agility is affected or greatly affected by data errors and 60% say that these errors give rise to the risk of material misstatement.

Data Quality 98

Data Quality Reporting Recreation/Entertainment Finance 98

Jet Global

JUNE 25, 2021

Near-term solvency targets of the public sector are not nearly as high as the private sector, but nevertheless, a risk analysis should be performed, and a debt management strategy must be identified. A low near-term solvency indicates that the public sector is struggling with its debt and must re-evaluate its priorities.

Reporting 104

Reporting KPI Metrics Measurement 104

Jet Global

MAY 10, 2021

Risk and compliance issues that may impact certain actions or decisions. Improving credit risk analysis. Accessing accurate data was identified as one of the top 3 challenges for finance teams in our survey. For example, finance professionals help the C-suite understand: Key drivers of performance for the business.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

FEBRUARY 4, 2022

In this respect, equity compensation offers a model in which both risks and rewards are shared by plan participants. It’s a win for employees and contractors because the potential upside can be very high. The downside, of course, is that the company’s equity could turn out to be worthless. Different Forms of Equity Compensation.

Software 98

Software Management Recreation/Entertainment Reporting 98

Jet Global

NOVEMBER 16, 2021

If you start too big, you run the risk of overwhelming your team and losing faith in the program. However, a good rule of thumb is to start with a handful and gradually grow from there. Managing metrics is a resource intensive and time consuming task. Identify at least two tiers of hierarchy for your KPIs.

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Jet Global

OCTOBER 1, 2024

Shaping the Future: Conquering Finance Challenges in 2024 Download Now According to our data, at least three-quarters (75%) of finance teams dedicate a minimum of five to six hours each week to recreating financial reports, equating to up to 24 hours a month or 300 hours per year. But where do you start?

Finance 52

Finance Strategy Reporting Optimization 52

Jet Global

DECEMBER 13, 2021

Directors and officers (D&O) insurance carriers are now also adjusting their premiums and policy terms to account for these increased risks in using SPACs.?Such You will be able to share data with your broker trading system of choice to provide equity plan participants with a seamless experience. Hit the Ground Running.

Management 52

Management Recreation/Entertainment Reporting Insurance 52

Jet Global

MAY 6, 2021

Certent CDM provides direct connectivity to source data, and the ability to add links to data items into narrative to ensure numerical content within text is accurate and consistent. The Way Forward.

Software 98

Software Recreation/Entertainment Reporting Finance 98

Jet Global

FEBRUARY 14, 2022

These hiring plans are most prevalent for tax (75%) and audit, risk and compliance professionals (73%).”. As a result, the tax team becomes more strategic to the business in terms of forward planning, risk mitigation, and regulatory compliance. The Rise of Tax Technologists.

Finance 52

Finance Recreation/Entertainment Reporting Software 52

Jet Global

OCTOBER 31, 2024

As a finance team member, it’s likely your main goals are to reduce risk, improve profitability, and maintain exceptional levels of compliance. To achieve success, you need direct access to accurate data from your ERP and the ability to quickly create drillable Excel reports for GL and other finance requirements.

Reporting 52

Reporting Optimization Finance Operational Reporting 52

Jet Global

FEBRUARY 9, 2022

What can hold you back from working smarter is the fear of integrating better tools that, although promise improvements, run the risk of throwing off your whole process. The EBS Interface understand your ERP schema and maps this data in Bizview, saving you time, reducing complexity, and de-risking the implementation process.

Forecasting 52

Forecasting Recreation/Entertainment Reporting Software 52

Jet Global

SEPTEMBER 30, 2021

Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. Average treatment cost could be broken down by age group, condition, patient history and risk factors to provide further insight.

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

Jet Global

JANUARY 24, 2022

As KPMG reports: “Investment managers and portfolio companies are adopting sophisticated ESG practices as a critical part of risk management and as a means to differentiate their business. Managing reputational risk by being more open about tax policies will consequently become ever more important.

Management 52

Management Recreation/Entertainment Finance Forecasting 52