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The BI (business intelligence) analysts need to find the right data for their visualization packages, business questions, and decision support tools — they also need the outputs from the data scientists’ models, such as forecasts, alerts, classifications, and more. Register to attend and view the webinar at [link].
Focus on the strategies that aim these tools, talents, and technologies on reaching business mission and goals: e.g., data strategy, analytics strategy, observability strategy ( i.e., why and where are we deploying the data-streaming sensors, and what outcomes should they achieve?).
The messages delivered from both the supply and demand sides of the tech industry back then were not terribly different from those currently pulsing through podcasts, webinars, zoom calls, and analyst whitepapers today. IT strategy in the digital age. Spend more time on strategy. Executives need to spend more time on strategy.
Beyond the early days of data collection, where data was acquired primarily to measure what had happened (descriptive) or why something is happening (diagnostic), data collection now drives predictive models (forecasting the future) and prescriptive models (optimizing for “a better future”). Source: [link]
Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst
In this webinar, you’ll gain actionable insights from Olivia Montgomery as she walks us through Capterra’s extensive research on how businesses - notably SMBs - are addressing supply chain challenges in 2023. Forecasting techniques to manage inventory. Procurement strategies in response to network delays and bottlenecks.
Customers must have the trust and willingness to share data As enterprises continue to create new digital-first products and services, forecasting customer needs, preparing for potential issues, and building resilience is vital to sustaining trust. These require customer data.
Demand forecasting is a common Time Series use case in DataRobot. Using historical sales data, together with data related to product features, calendar of events, and economic indicators, we can produce forecasts of future demand. To improve the performance of such demand forecasting models, we can use several modeling techniques.
Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).
Data analytics make up the relevant key performance indicators ( KPIs ) or metrics necessary for a business to create various sales and marketing strategies. Business-to-business (B2B) and business-to-customers (B2C) companies use it for a wide array of revenue marketing strategies. This marketing system is goal-oriented and targeted.
Although an ideal approach would be to undertake monthly and quarterly trial balances in advance of year-end to gain visibility and transparency, a recent poll undertaken by insightsoftware at a webinar with tax professionals found that this strategy is often not utilized. Struggling to keep up with numerous forecasts (25%).
Using these analytics tools, you can easily manage inventory, forecast sales, calculate taxes, and monitor order fulfillment. Depending on your business requirements, there are available solutions that support G Suite users, instant calling, webinar-hosting, and virtual business phone systems.
Obsolete data and financial projections A budget, at its core, is a financial forecast. Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks. Rolling forecasts offer a constantly updated look at future performance.
The cloud will evolve from a place for centralizing data for analysis to a hybrid strategy, leveraging best-of-breed, cloud-native technologies that will accelerate the distribution of data (wherever it may be) into insights via analytical apps. With a single click, an ensemble of univariate forecast models run against your data.
On January 4th I had the pleasure of hosting a webinar. The webinar was very popular and I was not able to respond to all the questions during the live recording. You can of course listen and watch the webinar from this link. Hopefully this helps, and I hope you enjoy/enjoyed the webinar. It really does.
Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.
Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? We have compiled a list of resources to help you on your journey as a CFO.
I’m attending Commvault’s webinar tomorrow on the topic ‘‘From Threats to Resilience: Leveraging AI for Data Security’ as I am particularly interested in the topic of how generative AI will impact cybersecurity for both good and bad. I am joining the webinar as an attendee so I can get out in front of the risks.
The balancing act between strategy and operations becomes even more difficult if each department uses its own systems and data sets. In sales, the quality and frequency of forecasts can be increased and the effort required for planning, budgeting, and reporting is often reduced. Why is sales planning so important? See how it’s done.
Today’s enterprise data science teams have one of the most challenging, yet most important roles to play in your business’s ML strategy. In our current landscape, businesses that have adopted a successful ML strategy are outperforming their competitors by over 9%. The implications of ML on the future of business are clear. Stay tuned!
Integrated continuous planning supports this in several ways: Lessens the “growing pains” that come with planning and forecasting in a fast-growing business. If the idea of doing an annual budget seems scary, let alone re-forecasting monthly, then you haven’t been working with the right tools or embracing the right strategy.
Webinar Date: March 25, 2021 at 11 AM Local Time. As global health stabilizes and the economic engines are warming up again, FP&A leaders are under pressure to take decisive actions that better align their budgeting and planning strategy with the current climate. Register Now. Europe, Middle East, Africa. Register Now.
For way too long, there has been a long-running cold (and sometimes warm, or even hot) war between Sales and Finance when it comes to designing, creating, analyzing, and ultimately utilizing the “Forecast/Budget/Plan” to execute the business strategy. Yet, for the reasons mentioned above, that is often easier said than done.
I’m sure you’ve already ready a number of trends and forecasts for 2021. 2021 will offer advancements in customer experience and carriers should be mindful of the competitive choices available to customers as they examine their digital strategies. Check out our webinar with Privitar. . Trend #3: Cloud Considerations.
Product portfolio optimization is automated with optimization models, AI-supported forecasts, and portfolio scenarios. Historical and forecasted product successes as well as the product life cycle, product key figures, dependencies and influencing factors are also included in analyses and forecasts.
Not only does it depend greatly on the organization’s overall goals and strategy, but it can also hinge on the personalities and working styles of the other leaders surrounding the CFO. They tend to challenge assumptions and provide a healthy dose of skepticism around forecasts. The answers vary considerably. Analytics Enable Focus.
Industry Unleashed: An Exclusive Insights Webinar Series by DataRobot and Snowflake. The solution combines the best of Palantir Foundry and DataRobot model development capabilities to give customers the ability to create, test and update data-driven forecasting models in minutes, not months, from a single platform. Find out more.
My team of solution architects develops growth strategies with customers, consulting firms and system integrators and implements these new business models on Microsoft’s Business Platform – which also includes Power BI. The planning software keeps the focus on the planning functionalities, for example for budgets and forecasts.
10, 2019, webinar with Matt Simonsen and Doug Tiffan on “Four areas retailers must analyze to stay ahead of the competition.” A timely and accurate picture of how these innovations are performing is needed to adjust strategy and improve customer satisfaction, as needed. In your upcoming webinar Sept. Attend Sept. Register now.
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. Replay our webinar : Machine learning model deployment: Strategy to implementation.
It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. It’s not the role of FP&A to predict the plethora of possible causes for a change in the business landscape.
Accurate financial forecasting requires more frequent reporting, tapping the productivity of already lean finance teams,” said Bryan Motteram, VP of product marketing at insightsoftware. insightsoftware will also be hosting a webinar on the results – join the discussion by registering at [link].
This strategy will help cut costs and give you a competitive edge against your rivals. If anyone is going to know what corporate strategies are being implemented, it is the management consulting firm Mckinsey & Company. Their podcast, Inside the Strategy Room, dives into strategies used by corporations to stay competitive.
PLM is therefore envisioned as a business intelligence strategy with the ultimate objective of maximizing profitability. API integrations for third-party analytics platforms like Sisense now make it easy to harness the forecasting power of AI. Vandita has spoken for events in Gartner Data Conference and company webinars.
NHS organisations are used to using workforce KPIs to manage staffing levels, but the real opportunity is being able to identify staff that are at risk of leaving post and to implement strategies to retain their much needed talent. On-demand webinar. Enabling population health management and reducing health inequalities.
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.
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.
We asked webinar attendees to report how their tax department is viewed by other coworkers. It was a prime example of how teams can use agile reporting and smart tax strategies to help their executive management teams act decisively. Reshaping Future Growth: Top Tips on How to Manage Tax Forecasts. Download Now.
There’s an old saying in the business world that “All forecasts are wrong.” Consider sales forecasts, for example. Lower-than-expected sales numbers, in contrast, might lead leaders to consider how to adjust marketing strategy to drive higher revenue. Understand the Best Case, Worst Case, and Everything in Between.
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. Addressing these data integration challenges with coherent software strategies can significantly improve efficiency and accuracy.
This trend, coupled with evolving work patterns like remote work and the gig economy, has significantly impacted traditional talent acquisition and retention strategies, making it increasingly challenging to find and retain qualified finance talent. Ready to learn more?
Supply chain leaders can rely on many different supply chain strategies to bring finished goods to market, but the most common approaches to SCM are lean supply chain, agile supply chain, and responsive supply chain.
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. For the public sector, financial and service KPIs should have a higher weight than other metrics. I'd like to see a demo of insightsoftware solutions.
Alternatively, you can embrace the opportunity to modernize your reporting strategy. Check out our on-demand webinar on how to master pixel-perfect reports with Logi Symphony. You could stick with the same vendor and continually upgrade, but that means ongoing migrations and potential compatibility headaches. Ready to learn more?
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. Find out if you’re making one of the four most common XBRL errors.
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