This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Susie Cooke, Partner, Deloitte Canada, alongside insightsoftware’s Jamie Eagan, VP Product Management, and Kathryn Abate, Pre Sales Director, Tax, will discuss how organisations’ tax teams can be responsive to market uncertainty and organisational reforecasts as a result of the downturn. Register Now.
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. Embrace uncertainty. This doesn’t mean there has been no progress. 6 truths about digital transformation.
Webinar Date: February 18, 2021 at 11 AM Local Time. With the pace of change and uncertainty facing your business, is your current planning process fit for purpose? How easily can you keep up with new pressures to forecast more frequently, more accurately, and with input from across the whole organization? Register Now.
Contributory factors to uncertainty. Two of the biggest reasons that lead to year-end uncertainty and eleventh-hour price changes are the lack of proper planning and coordination that should happen throughout the year. A further 10 percent calculate October actuals and 2-month forecasts. How to establish best practices.
Many organizations already consider the potential short-term challenges to their tax positions when building forecasts. How prepared are they, though, for the different sets of risks and opportunities associated with long-term uncertainties? Instead, they should already be incorporating these considerations into their tax forecasts.
You can watch the webinar here (registration required) to learn how to conduct FP&A storytelling in order to enhance fact-based decision making. First, because uncertainty exploded. With advanced analytics, flexible dashboarding and effective data visualization, FP&A storytelling has become both an art and science.
Demands on tax teams have never been greater, especially when the uncertainty of the economy and the ongoing impact of the pandemic are considered. It’s likely to be later in 2021 or 2022 by the time normality reappears, and such uncertainty requires tax professionals to plan for multiple scenarios.”. Process, Technology, and People.
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.
We’re collecting both into our upcoming webinar, our very first Fast Forward Research Roundup. By additionally capturing uncertainty, GAMs unlock much smarter forecasting possibilities than mere point predictions. While point predictions limit us to asking “what is the demand forecast for Tuesday?” Meta-Learning.
We are currently operating in an environment with a very high (if not the highest ever) level of VUCA, (Volatility, Uncertainty, Complexity, Ambiguity). The way you mitigate uncertainty is with planning, planning, and more planning. To quote General/President Dwight D.
CEOs are increasingly partnering with CFOs to guide companies through this current uncertainty. Accurate financial forecasting requires more frequent reporting, tapping the productivity of already lean finance teams,” said Bryan Motteram, VP of product marketing at insightsoftware.
Clearly, when we work with data and machine learning, we’re swimming in those waters of decision-making under uncertainty. More near-term, Kahneman suggested the use of pre-mortems – also called backcasting, as a contrapositive of forecasting. Rather, they were beaming about Kahneman’s work and its significance in our field.
Here are just a few examples of how powerful business intelligence can help financial institutions from our recent Narmi Analytics webinar : ?. Forecasting consumer trends. This insight can inform future partnerships, and reduce uncertainty about which services will be most relevant and useful.
As I was listening to a Data Visualization Society round table discussion about the responsible use of COVID-19 data (properly distanced and webinar-ed, of course), a few thoughts seemed most relevant. Forecasts are not Predictions (But they’re still useful.) Consider your source (Or: Hey Twitter: SHUT UP!) But it’s not.
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 2020s have been a decade marked by uncertainty. The uncertainty we’ve faced these past few years doesn’t appear to be going away anytime soon, and businesses need to be able to not only respond quickly to change, but to actively plan for it.
Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting. Demand forecasting is about predicting potential spikes or troughs in demand.
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.
In a fast-moving world where virtually every business is struggling to meet customer demand amid supply-chain uncertainty, rapid delivery times are more important than ever. If a large number of returns came about due to a defective product, then you may have some serious quality issues. #8. On-Time Delivery.
As a result, sub-trends such as real-time reporting, robotics and AI, more regular forecasting, and self-service reporting via dashboards, have all gathered pace. Unstable supply chains and uncertainty about future domestic tax rates have added to the challenges faced by transfer pricing teams in recent times.
It began with the arrival on scene of a pandemic, but has since been followed by ongoing supply chain uncertainty, price volatility, and disruption to the workforce. Change is inevitable, and budgeting methodologies that can easily accommodate variability can be an asset during times of particular uncertainty.
The cloud offers numerous benefits, including scalability, flexibility, and cost savings, but the uncertainty surrounding data security protocols and potential vulnerabilities can cause hesitation. Entrusting your sensitive data to a cloud environment can be a leap of faith.
But the emergence of COVID-19 layered even more complexity on their ability to predict ETRs and to support their organizations with accurate forecasts. Read how scenario planning for tax forecasts should work in 2021. Read how top tax teams are responding to the latest global disruptions. So, what lies ahead of us in 2021?
We organize all of the trending information in your field so you don't have to. Join 42,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content