CIO Business Intelligence

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

Jen Stirrup

AUGUST 14, 2019

This is particularly evidence in relationships between Finance and IT. IT and Finance concepts are difficult for non-specialists to understand, and messages may not be received as they were intended when working across different teams. However, the quantity of communication does not always reflect the quality of communication.

Business Intelligence 96

Business Intelligence Finance IT Cost-Benefit 96

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Benefits: Improved efficiency Reduced cost Enhanced transparency Customer relationship management (CRM) BPR is a pivotal strategy for organizations that want to overhaul their customer relationship management (CRM) processes.

Cost-Benefit 60

Cost-Benefit Finance Optimization Key Performance Indicator 60

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. Table of Contents. 1) What Is Data Quality Management? 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Companies in the financial sector aren’t the only ones discovering the benefits of using data analytics for financial management. Data Analytics Brings Many Benefits to Small Businesses Facing Financial Challenges. Fraud risks.

Data Analytics 116

Data Analytics Analytics Finance Data mining 116

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

AUGUST 23, 2022

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Obtaining more insight into hidden costs (e.g.,

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The solution brings many business benefits.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards. This could mean millions, if not billions, of lost revenue.

Cost-Benefit 248

Cost-Benefit Finance Strategy Data-driven 248

datapine

JUNE 15, 2023

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. By being able to make informed decisions, you’ll ensure your goals are being met with less financial risk, thanks to smart resource allocation.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 90

Strategy Data Architecture Cost-Benefit Reporting 90

datapine

OCTOBER 7, 2020

Identifying what is working and what is not is one of the invaluable management practices that can decrease costs, determine the progress a business is making, and compare it to organizational goals. What gets measured gets done.” – Peter Drucker. Who will measure it? What is the time interval between measuring?

KPI 269

KPI Metrics Sales Visualization 269

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

CIO Business Intelligence

DECEMBER 5, 2023

Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Each dollar of operational cost reduction drips directly to the bottom line.”

IT 138

IT Cost-Benefit ROI Digital Transformation 138

Jet Global

DECEMBER 9, 2020

When a cash crunch hits, the business managers who have optimized working capital will be better positioned to survive the crisis without resorting to costly financing, liquidating assets at the wrong time, or other desperate measures. Inventory reduction has other benefits as well.

Reporting 81

Reporting Finance Sales Measurement 81

IBM Big Data Hub

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. Key performance indicators (KPIs) are established to measure progress and enable proactive management. What are the benefits of Integrated Business Planning process?

Key Performance Indicator 80

Key Performance Indicator Forecasting Data Integration Sales 80

Jen Stirrup

AUGUST 14, 2019

This is particularly evidence in relationships between Finance and IT. IT and Finance concepts are difficult for non-specialists to understand, and messages may not be received as they were intended when working across different teams. However, the quantity of communication does not always reflect the quality of communication.

Business Intelligence 40

Business Intelligence Finance IT Cost-Benefit 40

CIO Business Intelligence

DECEMBER 4, 2023

And a global leader in commercial and specialty vehicles revealed the benefit of combining these efforts when it created a digital services factory that, together with its product-based business model, helped differentiate and push forward design, development, and delivery of services to customers.

Cost-Benefit 104

Cost-Benefit Strategy Technology Reporting 104

Jet Global

JANUARY 15, 2021

With the rollout of Microsoft’s Dynamics 365 Business Central (D365 BC) and Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , the company has moved toward rationalizing its portfolio of business applications, removing redundancy, and shifting to a cloud-first approach for the future.

Cost-Benefit 72

Cost-Benefit Data Lake Reporting OLAP 72

datapine

NOVEMBER 5, 2019

All areas of your modern-day business – from supply chain success to improved reporting processes and communications, interdepartmental collaboration, and general organization innovation – can benefit significantly from the use of analytics, structured into a live dashboard that can improve your data management efforts. Instant insights.

Dashboards 220

Dashboards Cost-Benefit Sales Metrics 220

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

FEBRUARY 22, 2024

We introduced IBM Cloud for Financial Services , which includes an ecosystem of partner banks including BNP Paribas and CaixaBank, to help clients as they work to mitigate risk, address regulations, navigate their compliance and accelerate cloud adoption. In just a few years, we have helped some of the world’s leading banks transform.

Enterprise 76

Enterprise Risk Data Processing Business Driver 76

CDW Research Hub

OCTOBER 19, 2021

Delivering Compelling Strategic and Financial Benefits and Strong Cultural Fit. Timing, Approvals and Financing. CDW has committed financing for the transaction. All forward-looking statements are subject to risks and uncertainties that may cause actual results or events to differ materially from those that we expected.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Jet Global

JUNE 22, 2020

But although skilled tax planning and provisioning can make a noticeable difference to your company’s bottom line, the process is often permeated with regulatory risks and operational challenges. Even in the best of circumstances, corporate income tax provisioning is a complicated and risk-laden task. Reputational Risk.

Cost-Benefit 98

Cost-Benefit Software Risk Finance 98

datapine

JANUARY 24, 2021

An average business user and cross-departmental communication will increase its effectiveness, decreasing time to make actionable decisions and, consequently, provide a cost-effective solution. We have used a marketing example, but every department and industry can benefit from a proper data preparation process.

IT 317

IT Statistics KPI Data-driven 317

Jet Global

JANUARY 18, 2021

In the case of Microsoft Dynamics AX, that will mean a move to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , which is an evolution of the AX code line. Because they are separate from the core ERP application, there is no risk that they will corrupt that core functionality.

Data Lake 98

Data Lake Reporting Cost-Benefit Finance 98

Smart Data Collective

FEBRUARY 22, 2021

Additionally, many processes can be automated, especially aftersales and finance. For example, instead of calling or filling a paper form to apply for finance , customers can do so online and check if they’re eligible in the first place and then have a sales assistant follow-up with the application. Autonomous and connected vehicles.

Analytics 84

Analytics Cost-Benefit Big Data Finance 84

CIO Business Intelligence

DECEMBER 11, 2023

But ensuring those and other measures are taken into consideration is a weighty task that CIOs will be grappling with as AI becomes integral to how people work and conduct business. This team establishes the company’s risk tolerance, acceptable use cases and restrictions, and applicable disclosures.

Modeling 131

Modeling Risk Strategy Software 131

Jet Global

JULY 23, 2020

The COVID-19 crisis has catapulted many businesses into triage mode, with finance and accounting teams scrambling to shore up company finances in the face of an economic downturn. Such tools have benefits beyond this crisis, however. Keep a Close Eye on Liquidity. Continue to Run Lean. Don’t Be Afraid to Invest (Wisely).

Uncertainty 95

Uncertainty Finance Cost-Benefit Reporting 95

FineReport

JUNE 19, 2023

Let’s delve into these benefits further in the subsequent sections. Identifying areas for enhancement : By utilizing operational reports to track key performance indicators (KPIs), businesses can pinpoint areas that are underperforming and take necessary measures to improve them. Why Are Operational Reports Important?

Operational Reporting 52

Operational Reporting Reporting Key Performance Indicator Dashboards 52

Jedox

SEPTEMBER 11, 2019

However, there are many available technology tools that can simplify planning tasks and make planning and budgeting easier and far more accurate for finance professionals. Those algorithms analyze historical data (weekly sales, monthly electricity costs, etc.) This is not just risk mitigation. Experimental” Technology.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

BizAcuity

FEBRUARY 22, 2019

Financial Analytics solutions are benefiting organizations across sectors through a combination of cost savings, organizational alignment and the enablement of high value business risk analysis that was not previously attainable by the finance functions of an organization.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

Jet Global

JUNE 5, 2020

An insurance Key Performance Indicator (KPI) or metric is a measure that an insurance company uses to monitor its performance and efficiency. We will go over insurance KPI examples for the sales, claims, and finance departments, as well as how you can streamline your reporting process using insurance reporting solutions.

Insurance 59

Insurance Metrics Reporting KPI 59

CIO Business Intelligence

SEPTEMBER 21, 2023

With a pre-trained model, you can bring it into HR, finance, IT, customer service—all of us are touched by it.” The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. And nobody has to get sold on it, he adds.

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

Jet Global

SEPTEMBER 22, 2020

Failure to manage operational transfer pricing effectively creates huge risks for organizations, especially in today’s highly unpredictable markets. The decision to adopt such a solution may be initially driven by individuals in the finance or tax team, especially those who can see the benefits it could bring to their own working lives.

Software 98

Software Forecasting Risk Cost-Benefit 98

Jet Global

AUGUST 20, 2020

Global organizations face multiple challenges during economic downturns, but the fallout unique to COVID-19 has presented new and unusual obstacles for finance and tax teams. One such challenge TP teams are tasked with is understanding changes in allocated risk across different entities within their supply chains.

Management 72

Management Cost-Benefit Risk Forecasting 72