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Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

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The Case for Continuous Financial Planning after Covid-19

Jet Global

Financial planning has always been vital to businesses in order to make sound, long-term decisions. Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. The past few months have shown the benefits of continuous planning.

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The Digital Transformation of your Planning Process

Jedox

For example, a system that allows modern sales planning but misses links between the sales, compensation and the cost of sales will not allow digital transformation for planning. Business (planning) logic. We simply cannot reap the benefits of digital transformation where significant logics resides on vulnerable spreadsheets.

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Alation State of Data Culture Report: The Conflict Between Growth and Governance

Alation

Generating revenue ranks as the top business driver of data and analytics initiatives. That’s shown by the nearly two-thirds (63%) of data professionals who say enabling business growth takes precedence over protecting the business when it comes to their data strategy. The benefits for data-driven enterprises are real.

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Three Benefits of Driver-Based Budgeting

Jet Global

This article explores some basic definitions of DBB with examples and then zeros in on some of the key benefits of DBB. Identifying Key Business Drivers. The DBB process begins with identifying the variables that have the greatest impact on overall business performance. Benefit #1. Benefit #2.

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What Is Embedded Analytics?

Jet Global

Section 2: Embedded Analytics: No Longer a Want but a Need Section 3: How to be Successful with Embedded Analytics Section 4: Embedded Analytics: Build versus Buy Section 5: Evaluating an Embedded Analytics Solution Section 6: Go-to-Market Best Practices Section 7: The Future of Embedded Analytics Section 1: What are Embedded Analytics?

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Five Types of Budgets: Which One is Right for You

Jet Global

For example, if company leadership plans to roll out a new product, they may allow for a higher than normal increase in marketing expenditures. It helps company leaders to aggressively streamline inflated budgets and to bring costs under control while minimizing any negative impact on operations.