Rocket-Powered Data Science

FEBRUARY 12, 2021

One can automate a very complicated and time-consuming process, even for a one-time bespoke application – the ROI must be worth it, to justify doing this only once. The average ROI from RPA/IA deployments is 250%. Robotic Process Automation is for “more than once” automation.

ROI 234

ROI Digital Transformation Reporting Machine Learning 234

CIO Business Intelligence

NOVEMBER 27, 2024

If it costs more to detect and remove incorrect phone numbers in your dataset than it costs to make that number of wasted calls or send that many undeliverable text messages, then there’s no ROI in fixing the numbers in advance. “A For AI, there’s no universal standard for when data is ‘clean enough.’

Enterprise 141

Enterprise Data Quality Structured Data Modeling 141

Smart Data Collective

JULY 16, 2023

It has completely changed the game in business and finance. According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. Big data is the most important business trend of the 21st century. And there is no sign of it slowing down.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Smart Data Collective

SEPTEMBER 30, 2021

Big data and the artificial intelligence technologies used to leverage it can go beyond market predictions, and you can use data to improve working processes and optimize your return on investment (ROI). In this post, we’ll explore how organizations can leverage big data and AI instruments to improve their ROI.

Big Data 139

Big Data B2B ROI Finance 139

Jet Global

MAY 15, 2020

This post will go over both the following explicit and implicit financial KPIs that you should be aware of, how they are calculated, and how financial reporting software can help simplify this process for your finance department: Operating Cash Flow. The Fundamental Finance KPIs and Metrics – Cash Flow. Accounts Payable Turnover.

Metrics 98

Metrics Finance Reporting KPI 98

CIO Business Intelligence

NOVEMBER 13, 2024

Workday announced new AI agents to transform HR and finance processes, and Google issued more AI-powered advertising and marketing tools. So in the short term, employees will have to deal with getting used to a new, limited technology, and companies will have to deal with uncertain ROI.

IT 141

IT Consulting ROI Cost-Benefit 141

Jet Global

JUNE 4, 2020

Nonprofit finance professionals play a critical role in tracking costs, donations, and operational expenses in order to assess financial health and keep the organization on track. Recent decreases in government reimbursements and donations mean nonprofit finance teams need to monitor the health of their organizations even more carefully.

Finance 75

Finance Cost-Benefit ROI Reporting 75

Jet Global

JUNE 30, 2020

CFOs have an opportunity to play a key role in positioning their companies for a successful rebound by carefully assessing return on investment (ROI) and helping the C-suite make the right capital investments. That process starts with having robust analytical capabilities in the finance and accounting department. ROI Analysis.

ROI 59

ROI Uncertainty Finance Cost-Benefit 59

CIO Business Intelligence

JANUARY 3, 2024

Organizations considering value stream management (VSM) must look at several deciding factors, not the least of which is the potential return on investment (ROI). In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. Increased visibility to reduce waste.

Management 133

Management Cost-Benefit ROI Data-driven 133

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

MAY 26, 2022

Measure ROI of air quality sensors. There are many options for financing air quality monitoring projects, including grants, loans, and private investment. Whatever the method of financing, it is important that cities invest in air quality monitoring to protect public health and improve air quality.

Technology 142

Technology ROI Cost-Benefit Measurement 142

Smart Data Collective

JUNE 2, 2022

ROI-Driven Concept. E-procurement technology gives you an opportunity to enhance your ROI. Through the use of e-procurement, you will have greater control over your accounts, finance, cash flow, and business-related data. Each of them directly helps in saving your money while improving your ROI and profitability.

Technology 144

Technology ROI Cost-Benefit Forecasting 144

Smarten

AUGUST 31, 2022

Increase the ROI and TCO of Tally ERP with Integrated Tally Mobile Analytics! If you are considering, or have already purchased software, you probably faced the questions from your management team about return on investment (ROI) and total cost of ownership (TCO). On the surface, the calculations for TCO and ROI may seem simple.

ROI 52

ROI Analytics Software Finance 52

Smarten

DECEMBER 26, 2022

Improve Tally ERP TCO and ROI and Make Your Business Users Happy with Integrated Analytics! One of the fastest growing analytics sectors is in finance, accounting and other revenue and expense-related business functions. ‘If Web and Mobile Access. Near Real-Time Access to Transactions and Data.

ROI 52

ROI Analytics Key Performance Indicator Finance 52

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes.

Finance 56

Finance Consulting Data-driven Risk 56

Smarten

SEPTEMBER 21, 2022

How Can I Improve ROI for Tally ERP? So, Return on Investment (ROI) is paramount! If you are using Tally ERP, your team members probably depend on it for accounting, inventory, purchasing, sales, and other finance-related and data management activities. It’s Simple! Add Analytics! Ensure Mobile and In-Office Access for Users.

ROI 52

ROI Slice and Dice Analytics Cost-Benefit 52

CIO Business Intelligence

AUGUST 3, 2022

They can no longer have “technology people” who work independently from “data people” who work independently from “sales” people or from “finance.” This digital transformation required a complete overhaul not only in technology, but also in sales, operations, finance, and customer service. And they need CIOs to help get them there.

Finance 145

Finance IoT Digital Transformation Sales 145

Smart Data Collective

FEBRUARY 20, 2022

These companies tend to have a much better ROI than those without one. 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.

Big Data 131

Big Data Management Finance Data-driven 131

datapine

MAY 21, 2019

1) Too expensive and hard to justify the ROI of BI. They also need these tools to generate a true ROI. The right business intelligence tool is a much easier ROI to sell. The ROI alone from hours saved and reduced costs of producing current reports will improve your bottom line. 2) Lack of company-wide adoption.

Business Intelligence 183

Business Intelligence Cost-Benefit Dashboards ROI 183

datapine

JANUARY 31, 2022

For example, in regards to marketing, traditional advertising methods of spending large amounts of money on TV, radio, and print ads without measuring ROI aren’t working like they used to. Business Intelligence And Analytics Lead To ROI. Such business intelligence ROI can come in many forms.

Business Intelligence 214

Business Intelligence Analytics Cost-Benefit ROI 214

IBM Big Data Hub

JUNE 23, 2023

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). Facilitate collaboration and iteration planning : Generative AI can facilitate collaboration between finance professionals and AI systems. Design a well-defined F&A roadmap.

Finance 58

Finance Reporting Cost-Benefit Modeling 58

CIO Business Intelligence

JANUARY 7, 2025

In some cases, the business domain in which the organization operates (ie, healthcare, finance, insurance) understandably steers the decision toward a single cloud provider to simplify the logistics, data privacy, compliance and operations. The effectiveness of the cloud CoE comes into play in this phase.

Optimization 98

Optimization Strategy Cost-Benefit Enterprise 98

CIO Business Intelligence

FEBRUARY 1, 2024

It’s important for organizations to seek RFPs from multiple vendors and to play hardball when it comes to negotiating license terms, service, and support levels, as well as financing options. C-level executives conducting an ROI analysis need to balance estimated costs with anticipated benefits.

Software 131

Software Enterprise Cost-Benefit ROI 131

CIO Business Intelligence

JANUARY 25, 2024

For enterprise executives in 2024, that means right-sizing those expectations and getting to work: justifying the right use cases, forming teams, and tracking progress and ROI. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 105

ROI Experimentation Sales Machine Learning 105

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

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 124

Modeling Cost-Benefit IT ROI 124

CIO Business Intelligence

DECEMBER 9, 2024

If you owe the bank $10 million, then theyve got a problem.The demonstrable, defensible ROI for genAI technologies has been shaky at best.Sequoia Capital reportedly estimated that the AI industry spent $50 billion on Nvidia chips last year, but only realized some $3 billion in revenue.

ROI 98

ROI Risk Finance Marketing 98

CIO Business Intelligence

MARCH 10, 2023

2 Retaining staff allows you to increase your ROI on people—acknowledging the significant investment organizations make through recruitment, ongoing training, and tacit knowledge learned on the job. It also enables a greater ROI on your current tools and technology, bringing them into play as part of the orchestration process.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

Smart Data Collective

OCTOBER 19, 2021

Many crypto enthusiasts have found that it can help them lift their ROI considerably and address many of the problems that they face. Decentralized finance (DeFi) has lately risen due to new developments like liquidity mining, which is both creative and dangerous. These profits are shown as a yearly percentage return (APY).

Data Analytics 130

Data Analytics Analytics Big Data ROI 130

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

AUGUST 9, 2024

This allows us to excel in this space, and we can see some real-time ROI into those analytic solutions.” Applying AI to elevate ROI Pruitt and Databricks recently finished a pilot test with Microsoft called Smart Flow.

Data Transformation 126

Data Transformation Machine Learning Data Lake Dashboards 126

datapine

OCTOBER 17, 2019

As Tyrone Cotie, treasurer of Clearwater Seafoods says in 2015 Benchmarking the Accounting & Finance Function report , “…no matter how quickly you compile and release historical financial statements, you never make a decision from them. How much money you make, on average, for every new email subscriber and calculate the expected ROI.

Reporting 263

Reporting Management Dashboards KPI 263

datapine

FEBRUARY 14, 2021

Every business, regardless of service, product, or sector strives to achieve the best return on investment (ROI) for each and every commercial activity it undertakes. Maintaining a consistently solid ROI is the bread and butter of ongoing eCommerce success. Gross Margin Return On Investment (GMROI).

Metrics 260

Metrics KPI Dashboards Sales 260

Smart Data Collective

JUNE 24, 2022

Data analytics has led to some major changes in the field of finance. Financial institutions invest heavily in big data technology in order to offer the highest ROI to their clients. This helps them increase the ROI of their own trading strategies.

Data Analytics 119

Data Analytics Analytics Big Data ROI 119

datapine

NOVEMBER 13, 2019

If you track your costs on a regular basis, your purchasing report will be filled with crucial financial analytics insights that will help you streamline your supplier management processes, identify if you need to train your staff on how to reduce costs, and ensure continuous monitoring to ensure your finances are being well managed and efficient.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

Smart Data Collective

JULY 7, 2022

SmartAsset.com and NerdWallet have calculators to anticipate the future earnings of your portfolio based on expected ROIs. You can use them in conjunction with data analytics tools to predict the ROIs, which can be plugged into that field in the calculators. Identify Opportunities to Reduce Debt.

Marketing 145

Marketing Data Analytics Analytics Data mining 145

CIO Business Intelligence

OCTOBER 2, 2024

And Doug Shannon, automation and AI practitioner, and Gartner peer community ambassador, says the vast majority of enterprises are now focused on two categories of use cases that are most likely to deliver positive ROI. The sandbox offers access to several different LLMs to allow people to experiment with a broad range of tools.

Management 141

Management Data Governance Cost-Benefit Structured Data 141