Jet Global

JUNE 8, 2021

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.

Forecasting 98

Forecasting Uncertainty Cost-Benefit Reporting 98

CIO Business Intelligence

MARCH 15, 2023

growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. What are the necessities in your IT budget to keep the lights on (KTLO)? Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1%

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

Jet Global

MARCH 19, 2021

To keep a closer eye on the state of the business, many leaders in the real-estate sector are looking to shrink their budgeting and planning cycles, or even moving to continuous planning and rolling forecasts. Planning and budgeting tools in these systems tend to be far too rigid for most finance professionals.

Management 98

Management Forecasting Finance Reporting 98

CIO Business Intelligence

JANUARY 23, 2024

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 117

IT Consulting Forecasting Software 117

Jedox

JUNE 4, 2020

Budgeting is an extraordinarily powerful tool to keep your business on track. Yet in recent surveys, the majority of smaller businesses (over 61%) didn’t create a budget. Too often, fast-growing businesses view budgeting as a herculean effort. Re-forecasting for the remainder of the year. Let’s explore.

Forecasting 64

Forecasting Uncertainty Data Processing Finance 64

datapine

JUNE 15, 2023

2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. In the past, these reports were used after a month or even a year since the data being displayed was generated. It is no longer enough to get a static view of the past.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CIO Business Intelligence

DECEMBER 11, 2023

Nearly half of the companies (47%) recently surveyed by CNBC say that AI is their top priority for tech spending over the next year, and AI budgets are more than double the second-biggest spending area in tech, cloud computing, at 21%. Artificial intelligence has already unlocked opportunities that most organizations never thought possible.

Finance 104

Finance Forecasting IoT Predictive Modeling 104

CIO Business Intelligence

JUNE 1, 2023

In a testament to its growing importance, 80% of marketers have experimented with or deployed the burgeoning technology, in some cases redirecting budgets from last year’s forays into the metaverse. The B2B marketing landscape is experiencing a seismic shift fueled by the ascent of ChatGPT and other generative AI (GAI) apps.

Marketing 98

Marketing B2B Experimentation Cost-Benefit 98

CIO Business Intelligence

OCTOBER 6, 2023

Business analysts need a “strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting, budgeting, and financial analysis combined with understanding of key performance indicators,” according to Robert Half Technology.

IT 127

IT Business Analysis Key Performance Indicator Cost-Benefit 127

Jedox

OCTOBER 24, 2019

A high-quality business forecast delivers far more than just numbers. It provides valuable information on what still needs to be done by whom in order to achieve the budget goals set. Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning.

Forecasting 84

Forecasting Finance Risk Sales 84

Smart Data Collective

JUNE 16, 2022

This figure will rise as globalization, supply chain challenges and other factors increase competitiveness. This is an important year for enterprises keeping in view that most global industries are recovering from the pandemic horror, and the era of web 3.0 is at the doorstep. They are using analytics to help drive business growth. bn by 2025. .

Business Analytics 123

Business Analytics Analytics Forecasting Business Analysis 123

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

Jet Global

MARCH 17, 2020

Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. . Working from home is fast becoming an option for many. .

Forecasting 97

Forecasting Sales Marketing Finance 97

Jedox

JULY 30, 2020

Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what’s unique about this type of forecasting, how it works and why more and more companies are opting for rolling forecasts.

Forecasting 89

Forecasting Finance Marketing Sales 89

IBM Big Data Hub

DECEMBER 4, 2023

It empowers businesses in their sales planning, budgeting and forecasting processes.   Adoption barriers  The steep learning curve associated with planning tools can restrict overall adoption and hinder their effective use in supporting budgeting, investments and forecasting planning.

Forecasting 51

Forecasting Finance Optimization Marketing 51

Paris Technologies

MARCH 31, 2023

FP&A professionals work with key stakeholders, such as investors, customers, and employees, to develop budgets, forecasts, and performance measures that inform strategic decisions about the organization. FP&A is a crucial function in any organization because it helps to identify and manage financial risks.

Forecasting 52

Forecasting Measurement Risk Management 52

Jet Global

MAY 20, 2020

Get everyone on the same page by using driver-based budgeting. Update forecasts on a daily, weekly, or monthly basis, or on demand with input from front-line workers to drive greater accuracy. Update forecasts on a daily, weekly, or monthly basis, or on demand with input from front-line workers to drive greater accuracy.

Finance 98

Finance Forecasting Reporting Modeling 98

IBM Big Data Hub

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Cost-Benefit 61

Cost-Benefit Optimization Visualization Data-driven 61

Jedox

SEPTEMBER 29, 2021

Those are all good approaches, but SPM must be holistic and combine those approaches and offer better planning, forecasting, and control of different stages of sales processes. Without a unified approach, SPM systems may not be able to provide full insights, and the monitoring and on-going forecasting will be more challenging.

Sales 96

Sales Management Forecasting Risk 96

CIO Business Intelligence

APRIL 14, 2023

IDC forecasts that sales of no-code platforms will grow at an annual rate of 13.9% The predictions about the future of software development are contained in IDC’s “ Worldwide Low-Code, No-Code and Intelligent Developer Technologies Forecast, 2022-2026 ” report. Sales of all three of these categories of tools are growing.

Forecasting 113

Forecasting Sales Software Enterprise 113

Jedox

AUGUST 13, 2020

In our last post, “ Rolling Forecasts: The Pros and Cons ,” we looked at why rolling forecasts are used, when it makes sense to use them, and for whom. In our third and last post in this series, we give five tips for a successful implementation of rolling forecasts in your organization’s FP&A processes. .

Forecasting 52

Forecasting Risk Finance Software 52

Jedox

APRIL 16, 2020

What does your economic forecast look like for the foreseeable future? EPM (Enterprise Performance Management) incorporates the power of automated planning, budgeting, and forecasting with the powerful capabilities of tools such as artificial intelligence and machine learning. Budget available resources and investments.

Uncertainty 94

Uncertainty Management Forecasting Predictive Modeling 94

CIO Business Intelligence

OCTOBER 17, 2023

The company has also added new capabilities to its planning and budgeting feature to help enterprises automate data analysis for preparing budgets. The new capabilities were announced on Tuesday at the company’s annual SuiteWorld conference in Las Vegas. The ERP suite is available on Oracle Cloud Infrastructure.

IT 130

IT Finance Sales Enterprise 130

Jedox

SEPTEMBER 11, 2019

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” 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.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

CIO Business Intelligence

DECEMBER 5, 2022

Costs management: Estimate costs, determine budgets. Project management is a business discipline that involves applying specific processes, knowledge, skills, techniques, and tools to successfully deliver outcomes that meet project goals. Time management: Plan and develop schedules and activities, estimate resources and timelines.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

Jedox

MAY 20, 2020

For enterprise-level budgeting, companies often rely on solutions they’ve pieced together over time, or on the traditional tool of finance, Excel spreadsheets. These three expert tips can help your organization improve your enterprise budgeting process. The budgeting process is collaborative.

Enterprise 60

Enterprise Finance Forecasting Data Collection 60

Jet Global

NOVEMBER 18, 2021

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting on its best day. The truth is, your collaborative planning, budgeting, and forecasting processes are probably fine. But most high performing businesses don’t run on fine. Strong, Simplified Connection.

Forecasting 98

Forecasting Cost-Benefit Risk Reporting 98

Jet Global

JULY 21, 2021

Deal accelerates insightsoftware’s strategic focus and leadership in budgeting and planning solutions for mid-market companies while significantly expanding its business in Australia. This deal expands insightsoftware’s position in budgeting and planning, specifically in the Asia Pacific region. SYDNEY and RALEIGH, N.C.

Finance 98

Finance Reporting Marketing Software 98

Jedox

APRIL 8, 2021

Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). Decision making is sometimes considered an art created and presented by managers. Good decision making should involve more than just a good artistic sense and strong intuition.

Business Intelligence 89

Business Intelligence IT Forecasting Data Warehouse 89

Jet Global

MAY 11, 2021

By a significant margin, respondents identified financial planning and analysis (66%) as the finance team’s main responsibility, followed by its key elements of financial modeling (56%) and budget and forecasting (48%). New budgeting and planning software (28%). Finance Team’s Role & Challenges. Hiring and staffing (29%).

Finance 98

Finance Technology Forecasting Uncertainty 98

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases.

IT 135

IT Business Driver Reporting Uncertainty 135

Jet Global

JUNE 17, 2021

September is the start of the budgeting season for many organizations. While budgeting is an essential and crucial task for most businesses, it can be a challenging process, both for the finance department and for the budget holders involved. Distribution of budget templates through email. Manual entry of historical data.

Forecasting 52

Forecasting Finance Risk Dashboards 52

Jedox

AUGUST 6, 2020

In our previous blog post, “ What are Rolling Forecasts? ” we covered forecasting and rolling forecasts in general. In our second post in this series, we look at the pros and cons of introducing rolling forecasts for your organization. Year-end forecasts help to make decisions in order to achieve annual goals.

Forecasting 52

Forecasting Uncertainty Marketing Measurement 52

IBM Big Data Hub

JULY 5, 2023

Moving data and applications from traditional on-premises data centers to cloud infrastructure offers companies the potential for significant cost savings through accelerating innovation, keeping a competitive edge and better interacting with customers and employees. Why do you need cloud cost optimization? What metrics will we track?

Optimization 71

Optimization Forecasting ROI Metrics 71

CIO Business Intelligence

JANUARY 10, 2024

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cost-Benefit 122

Cost-Benefit Measurement Optimization Metrics 122

Jedox

JANUARY 13, 2023

Increasing efficiency in an organization’s planning, budgeting, and forecasting processes is a key component of financial planning software, according to Gartner. 1 As planning solutions evolve to meet this demand, finance leaders must consider which capabilities best fit their organization’s needs. Configurable models.

Software 52

Software Finance Forecasting Data Lake 52

Jedox

JULY 11, 2019

For most finance professionals, Excel has long been the gold standard for budgeting, planning, and forecasting. In a 2018 survey , 80% of organizations reported they are still reliant on Excel for their budgeting, planning, and forecasting and almost as many reported that non-integrated systems present a challenge.

Forecasting 40

Forecasting IT Digital Transformation Finance 40