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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. Tip 3: Make decisions with operational data.

Finance 98
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Exploring real-time streaming for generative AI Applications

AWS Big Data

They can perform a wide range of different tasks, such as natural language processing, classifying images, forecasting trends, analyzing sentiment, and answering questions. FMs are multimodal; they work with different data types such as text, video, audio, and images. This use case fits very well in the streaming analytics domain.

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AI Software Can Help Your Business Cultivate a Competitive Edge in 2021

Smart Data Collective

Savvy small businesses recognize that AI technology can assist them with almost every aspect of their operations, including employee management, trend forecasting, fraud prevention and financial management. Artificial intelligence is quickly becoming a central focus of countless businesses.

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Business process management (BPM) examples

IBM Big Data Hub

Benefits: Streamlined service request handling Centralized knowledge base access Enhanced customer satisfaction and loyalty Financial management BPM is used to streamline financial processes such as budgeting, forecasting, expense management, and financial reporting.

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What is Data Visualization: Complete Guide 2024

FineReport

Tailored Presentations : Visualization allows for the customization of data presentations based on the specific needs and preferences of different stakeholders. Whether it’s a high-level overview for executives or detailed analytics for technical teams, visualizations can be tailored to cater to diverse audiences.

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How Big Data Is Transforming the Maritime Industry

Smart Data Collective

And data is everything in the twenty-first century. Data enables commercial decision-makers to base their choices on facts, statistical data, and trends. Industries like maritime have conventionally utilized enterprise resource planning (ERP) and other dispersed storage systems to utilize data.

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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