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Make Faster, More Accurate Forecasts with Automation

Jet Global

Organizations depend on FP&A teams to provide accurate forecasts that enable continued success. However, recent insightsoftware research has revealed that skills shortages in FP&A teams are slowing processes down and making it harder to deliver accurate forecasts in a timely manner.

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What Are The Forecasting Best Practices Of Transformation Leaders?

Jet Global

Forecasting business performance has never been so challenging. . Yet, even in these extreme circumstances, there are organisations that forecast much more dependably than their contemporaries. . They are also three times more likely to be able to forecast out further than 12 months. . what is going to ‘move the dial’).

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Take Your Budgeting, Planning, and Forecasting to the Next Level With the Bizview EBS Interface

Jet Global

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. 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. Why Bizview.

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How EPM Solutions Increase Efficiency in Data Management and Reporting

Jet Global

Furthermore, basing your budgets and forecasts on inaccurate or incongruent data from silos can have a detrimental impact on decision-making. The finance team’s true value lies in providing strategic insights and analysis, not in data manipulation. These inconsistencies also cause problems with disclosure management.

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Data Prep for AI: Get Your Oracle House in Order

Jet Global

However, to truly unlock this potential, complete data preparation and control are essential. Just like a powerful engine needs high-quality fuel, AI relies on clean, consistent data across the Oracle ecosystem. This ensures the accuracy of AI-generated forecasts, cash flow optimizations, and the discovery of hidden financial truths.

Finance 52
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Exercising Control Over Transfer Pricing: How to Avoid Risks at Year-End

Jet Global

Although the workbooks were standardized, data entered were not always complete or in line with numbers forecast earlier in the year. The semi-manual approach to data capture also led to inaccuracies that needed to be managed and corrected centrally. Managing Data Integrity. The Need to Free Up Time.

Risk 98
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Building a Functional Ecosystem: Nine Ways to Boost Your Finance-Tax Synergy

Jet Global

The combination of an EPM solution and a tax reporting tool can significantly increase collaboration and effectiveness for finance and tax teams in several ways: Data Integration. EPM tools often gather and consolidate financial data from various sources, providing a unified view of a company’s financial performance.

Finance 52