Remove Cost-Benefit Remove Finance Remove Forecasting Remove Measurement
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The CFO’s role in the age of generative AI

IBM Big Data Hub

Despite the headwinds, there are tailwinds in which we can use new technology to enable CFOs to perform in their business partnering roles and drive productivity, cost take out, accuracy, control and business value. Read the report: CEO’s guide to AI in finance Unlocking the value CFOs are not expected to be technology experts.

Finance 76
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A clear path to value: Overcome challenges on your FinOps journey 

IBM Big Data Hub

To maximize benefits and realize the potential of FinOps, organizations must forge a clear path and avoid common mistakes. It necessitates a revised approach to cost and value management, challenging organizations to move beyond their comfort zones and embrace continuous innovation.

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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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4 ways to ensure CEO support for your digital strategy

CIO Business Intelligence

It’s then up to the CIO to sound less like a technical guru and more like the finance, marketing, and payroll people, making it clear that every activity takes place on the IT infrastructure. But we also have our own internal data that objectively measures needs and results, and helps us communicate with top management.”

Strategy 125
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Hey Siri, What’s My Forecasted EBITDA Look Like?

Jedox

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.

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Discover The Power Of Modern Performance Reports – See Examples & Best Practices 

datapine

Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! Let’s dive deeper into the benefits below. We are talking about sales, finances, customer service, human resources, and more. This time, including valuable forecasts for costs and income.

Reporting 207
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Business process reengineering (BPR) examples

IBM Big Data Hub

This blog outlines some BPR examples that benefit from a BPM methodology. For example, predictive analytics can be used to forecast demand and optimize inventory levels, while blockchain technology can enhance transparency and traceability in the supply chain.