article thumbnail

Bridging the Gap Between IT and Finance to Accelerate Reporting

Jet Global

There is often a communication gap between the technology experts in the IT department and the accounting experts in the finance department, especially when it comes to designing or modifying financial reports. Finance personnel may explain what they want from IT, only to get something that’s very different from what they expected.

Finance 52
article thumbnail

Long and winding railroad – heading for the cloud

CIO Business Intelligence

Maintaining them through upgrades and ensuring compatibility with core systems was draining, costing too much time and money. Every upgrade required long integration and test cycles. And greater automation opportunities are revealed, so that data-driven decisions can be made with confidence.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IT to thank for most of Radisson Hotel Group’s business initiatives

CIO Business Intelligence

Until then, the IT part of Radisson was considered a cost center, but thanks to that plan, it became a central pillar of the group’s strategy. But it’s comprised not only of IT professionals but people in purchasing, HR, finance, architecture, and revenue management, for example. We made everything new from scratch. It’s exciting.

IT 116
article thumbnail

GKN Aerospace — Journey to integrated business planning

IBM Big Data Hub

This prompted the finance director to authorize the development of a more robust and accurate solution. Journey to integrated business planning Traditionally, Planning Analytics was seen as a finance tool, but GKN Aerospace executives recognized the benefits of having a unified approach to planning and reporting across multiple departments.

article thumbnail

What is Integrated Business Planning (IBP)?

IBM Big Data Hub

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. Data integration and analytics IBP relies on the integration of data from different sources and systems.

article thumbnail

Case Study – Smarten Business Intelligence Implementation for a Leading Pipes Manufacturer

Smarten

Key Benefits and Deliverables: Sales Dashboard covering Sales, Revenue, and Profits for different stakeholders with fine-grain access rights, enabling a view that is meaningful to their roles and responsibilities. Ready-to-use sales templates, low cost of acquisition, short rollout time, and less training needs added to lower TCO.

article thumbnail

Cyber recovery vs. disaster recovery: What’s the difference? 

IBM Big Data Hub

Through the development of cyber recovery plans that include data validation through custom scripts, machine learning to increase data backup and data protection capabilities, and the deployment of virtual machines (VMs) , companies can recover from cyberattacks and prevent re-infection by malware in the future.