Remove Business Driver Remove Cost-Benefit Remove Modeling Remove Uncertainty
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The Case for Continuous Financial Planning after Covid-19

Jet Global

Instead, many internal and external inputs to the planning cycle are automated, enabling finance teams to concentrate on scenario modelling rather than data reconciliation. During periods of uncertainty, this helps us plan for – and be ready to respond to – different outcomes. A new world of data possibilities.

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

The Unofficial Google Data Science Blog

Others argue that there will still be a unique role for the data scientist to deal with ambiguous objectives, messy data, and knowing the limits of any given model. This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. If the costs of prediction error are asymmetric (e.g.