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

Jet Global

This ensures that all financial data changes and tax-related decisions are well-documented, making it easier to respond to regulatory inquiries or audits. Forecasting and Planning. Integration between these tools allows for more accurate financial forecasting and planning. Enhancing C-Level Reporting.

Finance 52
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context. Invariably, these activities have seen added stress in 2020.

Finance 98
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How Big Data Is Transforming the Maritime Industry

Smart Data Collective

An enormous amount of data is produced in an industry like the maritime industry, which manages many people and cargo. And data is everything in the twenty-first century. Data enables commercial decision-makers to base their choices on facts, statistical data, and trends.

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6 Benefits of Cloud-based Consolidation with Clausion Consolidation 

Jet Global

Cloud-based solutions can automate tasks such as data collection, reconciliation, and reporting. Real-time Visibility and Insights : Cloud applications offer real-time access to financial data, enabling informed decision-making.

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What’s Top of Mind for CFOs Heading into 2024

Jet Global

The need for greater efficiency and more accurate forecasting led CFOs to re-evaluate the tools and processes on hand and their ability to overcome skills shortages and drive agility. They have invested in training existing employees over hiring additional people and in marketing existing hero products over developing new products.

Finance 52
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What is Data Visualization: Complete Guide 2024

FineReport

Financial KPI Dashboard created by FineBI Book a Free Demo Another prominent player in the field of data visualization is Power BI by Microsoft. This powerful tool offers seamless integration with other Microsoft products and services, enabling users to leverage familiar environments for data analysis and visualization.