Jet Global
MAY 13, 2020
Without effective record keeping, business and professional services firms run the risk of damaging hard won, trusted relationships with their clients, which can ultimately result in a loss of business and reputation. How Financial Reporting Can Help. It can help reduce risk and the cost of penalties due to inaccurate data.
Jet Global
JULY 21, 2022
Finance teams’ top three responsibilities remain consistent with 2021 findings – financial planning and analysis was the number one area noted by respondents (64%), followed by financial modeling (57%), and budget and forecasting (47%). Several other tasks, however, are becoming more common, reflecting a gradual shift in priorities.
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Jet Global
DECEMBER 9, 2020
You must often mark down or liquidate obsolete items, and the more inventory you have, the higher the risk of that happening. A good ERP system can go a long way toward optimizing inventory management with accurate demand forecasting, effective control over quantities and locations, and improved processes for managing inventory.
Jet Global
JULY 5, 2023
And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. And manual processes increase the likelihood of reporting mistakes. With heightened scrutiny on organizations and leaders, organizations can’t afford such a high risk of error.
Jet Global
APRIL 26, 2021
By producing accurate and timely debt covenant reports, your company can mitigate any risks related to non-compliance, avoid default on your obligations relating to debts, and fend off any untimely events that could adversely affect your organization’s ability to operate at optimal efficiency.
datapine
JANUARY 18, 2023
With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies. Let’s look at it with an analytical report example. They are typically short-term reports as they aim to paint a picture of the present.
Jet Global
OCTOBER 10, 2023
The Cause and Effect of Disjointed Reporting Recent research found that more than two-thirds of IT and finance professionals waste an entire day each week on operational reporting. This continued ineffective and disjointed reporting results from siloed data that can prevent real-time collaboration and impactful conclusions.
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