KDnuggets

JANUARY 9, 2020

Time series analysis will be the best tool for forecasting the trend or even future. So let us understand this concept in great detail and use a machine learning technique to forecast stocks. The trend chart will provide adequate guidance for the investor.

Forecasting 122

Forecasting Marketing Machine Learning Finance 122

Jedox

JULY 30, 2020

Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what’s unique about this type of forecasting, how it works and why more and more companies are opting for rolling forecasts.

Forecasting 89

Forecasting Finance Marketing Sales 89

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

Forecasting 115

Forecasting Data Science Statistics Uncertainty 115

Dataiku

JUNE 1, 2023

Financial forecasting is one of the primary and also most challenging tasks of finance teams. Using existing historical data, like balance sheets, income statements, or business data sources, financial analysts attempt to predict future outcomes.

Forecasting 98

Forecasting Finance 98

Jet Global

NOVEMBER 16, 2020

Rapid advances in technology are helping to transform the way organizations carry out scenario planning, allowing them to adapt a continuous planning mindset to other areas of finance, such as tax. Learn how to enable complex planning and forecasting processes. Understand how to reduce tax errors and improve productivity.

Forecasting 98

Forecasting Snapshot Finance Recreation/Entertainment 98

Jet Global

MAY 20, 2020

Now more than ever, Finance teams need to stay agile and adapt to rapidly changing business conditions. Join our free webinar on May 28 to learn how you can: Extend planning and reporting beyond finance. Join our free webinar on May 28 to learn how you can: Extend planning and reporting beyond finance. Register Now.

Finance 98

Finance Forecasting Reporting Modeling 98

Jet Global

JULY 30, 2020

Excel has such a long history in business accounting and corporate finance that it has inevitably become the butt of some easy jokes. In many cases, you can improve the value Excel offers your budgeting and forecasting activities just by taking time to learn some of its nuances.

Forecasting 91

Forecasting Finance Cost-Benefit Software 91

Jedox

OCTOBER 14, 2021

Ask finance and accounting professionals if they would like to do more value adding work and you’ll hear a re-sounding “YES!” This is like a chronic disease of the finance function but unlike most chronical diseases this one has a cure! Why are you in Finance? ″ we need time. ″ we need time. Time & Energy.

Finance 106

Finance Optimization Forecasting Reporting 106

Analytics Vidhya

JANUARY 24, 2023

Time series data are collected over time and can be found in various fields such as finance, economics, and technology. You can see patterns and relationships and make accurate predictions about future values. A viable area for statistical modeling is time-series analysis.

Statistics 328

Statistics Modeling Finance Technology 328

Analytics Vidhya

JANUARY 16, 2023

He was a novice in the finance industry, and like many traders, he struggled to find a consistent and profitable trading strategy. This article was published as a part of the Data Science Blogathon. Introduction Once upon a time, there was an individual trader named Anand. Anand was determined to improve his skills and searched […].

Finance 319

Finance Data Science Publishing Strategy 319

Jet Global

OCTOBER 8, 2020

Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. Invariably, these activities have seen added stress in 2020.

Finance 98

Finance Reporting Forecasting Uncertainty 98

CIO Business Intelligence

DECEMBER 13, 2023

Certinia is using predictive AI to deliver more precise forecasts of cash flow and days to pay, based on analyses of trends in customer payments, and to forecast how many days it will take to staff resource requests, help enterprises keep projects on schedule, or to manage their customers’ expectations when things fall behind.

Finance 102

Finance Forecasting Uncertainty Sales 102

Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. From the opening of Lloyd’s Coffee House in 1686, financial services professionals have been attempting to forecast what’s going to happen next. Visual forecasting , which is a polite way of saying get out a ruler and draw lines on paper.

Predictive Analytics 83

Predictive Analytics Finance Analytics Forecasting 83

Jet Global

MAY 11, 2021

. – May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. Finance Team’s Role & Challenges. Two-Year Priorities.

Finance 98

Finance Technology Forecasting Uncertainty 98

Cloudera

DECEMBER 6, 2024

The AI Forecast: Data and AI in the Cloud Era , sponsored by Cloudera, aims to take an objective look at the impact of AI on business, industry, and the world at large. 85% accuracy in finance can put you in jail. Artificial Intelligence promises to transform lives and business as we know it. But what does that future look like?

Manufacturing 82

Manufacturing Forecasting Metadata Data Processing 82

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

AI is also making it easier for executives and managers to rapidly forecast, plan and analyze to promote deeper situational awareness and facilitate better-informed decision-making. Finance people think in terms of money, but line-of-business managers almost always think in terms of things.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

O'Reilly on Data

JANUARY 22, 2019

Finance is not physics. Despite all the complicated mathematics of modern finance, its theories are woefully inadequate, especially when compared to those of physics. Perhaps finance is harder than physics. This observation is particularly applicable to finance. Image by Mike Shwe and Deepak Kanungo. Used with permission.

Modeling 166

Modeling Finance Uncertainty Data mining 166

IBM Big Data Hub

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 82

Finance Cost-Benefit Consulting Data-driven 82

Dataiku

MARCH 10, 2023

Applying best practices for data analytics in finance seems like a no-brainer. After all, finance teams are under intense pressure to create accurate reporting, forecasting , and intelligence for the business.

Finance 59

Finance Data Analytics Analytics Forecasting 59

CIO Business Intelligence

MARCH 21, 2022

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. One of the most common problems finance teams face is the quality and reliability of the data they collect. Inaccurate forecasts. Poor quality data.

Data-driven 116

Data-driven IT Finance Forecasting 116

BizAcuity

FEBRUARY 21, 2025

Sales operates on one system, finance on another, and operations on its own platform. Beyond Data Collection: Why Dynamics 365 Integration is Critical Most businesses today use Dynamics 365 for managing sales, finance, customer service, or operations. Because data without intelligence is just noise.

Dashboards 52

Dashboards Optimization Finance Sales 52

Jet Global

OCTOBER 21, 2020

Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. The way we perceive business risk, and how we manage it, is fundamentally different for every finance leader on the planet. Why change the process? What is continuous planning?

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

Jet Global

NOVEMBER 24, 2020

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. Watch insightsoftware and Deloitte discuss how to manage tax forecasts.

Software 98

Software Forecasting Finance Reporting 98

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. Energy: Forecast long-term price and demand ratios. Forecast financial market trends.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

Paul Blogs on BI

DECEMBER 6, 2024

Needless to say, the CEO had an accounting background and was a finance guy used to numbers and spreadsheets. Its not that finance people dont want or need BI dashboards, its that their needs are different to say someone in sales, marketing, operations or HR.

Dashboards 52

Dashboards Finance Visualization Forecasting 52

Jet Global

MARCH 19, 2021

To keep a closer eye on the state of the business, many leaders in the real-estate sector are looking to shrink their budgeting and planning cycles, or even moving to continuous planning and rolling forecasts. Planning and budgeting tools in these systems tend to be far too rigid for most finance professionals.

Management 98

Management Forecasting Finance Reporting 98

Jet Global

NOVEMBER 11, 2020

The extreme market volatility over the past 12 months has likely led to organizations grappling with KPIs that are continuously off track from the forecasts in their financial and tax plans. Companies that do not regularly check their profitability actuals against target forecasts often find variances when it’s too late.

Forecasting 98

Forecasting Finance Marketing Software 98

Smart Data Collective

FEBRUARY 20, 2022

For small and medium-sized businesses, especially if they are start-ups, managing business finances can be a more significant challenge than there is for corporations that have an extensive and comprehensive accounting department. However, this doesn’t mean that you should omit the good management of your business finances.

Big Data 131

Big Data Management Finance Data-driven 131

Jet Global

FEBRUARY 2, 2021

Forecasting and planning have taken on much greater importance than ever before. The planning and forecasting tools provided with most ERP systems provide limited flexibility, and typically require a considerable amount of manual effort. Over time, the process that has historically been known as budgeting and forecasting has evolved.

Forecasting 96

Forecasting Finance Uncertainty Dashboards 96

Jet Global

FEBRUARY 10, 2021

With the turn of the new year and many organizations now knee deep in their own year-ends, it’s possible that tax and finance departments are once again grappling with last-minute transfer pricing adjustments. The result is a year-end scramble once all the finance numbers are finalized. Quality of the finance team’s reforecast (42%).

Finance 98

Finance Uncertainty Forecasting Software 98

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

The research finds the greatest inclination to spend is in sales performance management, which I interpret to mean that the participants see this area as having the highest potential to generate profit through gains in sales productivity and, therefore, increase revenue.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change. It’s a huge shift from the norm.

Finance 106

Finance Forecasting IoT Predictive Modeling 106

Jedox

MARCH 26, 2020

This can be as simple as a monthly sales report to know how much product your business sold in the previous month, or more complex, such as a 12-month forecast to guide allocations in the budget for the next fiscal year. . In this post, we will focus on a term very well known in finance: Financial Planning & Analysis, or FP&A.

Finance 91

Finance Forecasting Sales Big Data 91

Jet Global

APRIL 13, 2020

A relatively new concept called “agile finance”—along with its key ingredient “agile reporting”—is empowering businesses to make that shift. What Does Agile Mean for Finance and Accounting? The principles of agile development have been adapted to finance and accounting under the name “agile finance.” View Whitepaper Now.

Manufacturing 98

Manufacturing Reporting Finance Forecasting 98

Jet Global

JANUARY 4, 2021

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.

Forecasting 98

Forecasting Finance Testing Sales 98

CIO Business Intelligence

OCTOBER 17, 2023

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 131

IT Finance Sales Enterprise 131

Smart Data Collective

JUNE 16, 2022

For most organizations, it sets the narrative for project forecasting, recruiting, scaling, and others. CIOs, along with everyone on the leadership board use finance models to anticipate any hurdles. For CIOs, financial planning coupled with business forecasting through analysts is a primary role. Conclusion.

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135