John Wheeler

APRIL 16, 2021

The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June. However, the key to these benefits lies in the integration of RiskTech via IRM. Again, an integrated view of risk is needed to alleviate these concerns.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Jet Global

NOVEMBER 30, 2020

ERP vendors often claim that their software will help customers achieve significant cost savings. While there is a lot of truth to that statement, it is often the case that the biggest cost savings opportunities arise well after a new ERP system has been implemented. The company decided to take a closer look at material costs.

Enterprise 52

Enterprise Finance Cost-Benefit Forecasting 52

Smart Data Collective

FEBRUARY 2, 2021

For businesses, the advent of Big Data offers several key benefits, including helping them with customer acquisition, lead generation, targeted marketing campaigns, identifying potential opportunities and challenges , and creating new products based on the needs of the market. The post What Are the Industries That Benefit Most from Big Data?

Big Data 85

Big Data Recreation/Entertainment Cost-Benefit Finance 85

Data Insight

OCTOBER 27, 2021

And if we don’t utilise our data effectively, it simply becomes a cost instead of a strategic resource. Manufacturing: Forecasting expected demand, process automation, precision cutting, analysis of IoT data. The benefits of AI for businesses. Getting started with AI.

Machine Learning 52

Machine Learning Insurance Cost-Benefit Unstructured Data 52

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

IBM Big Data Hub

FEBRUARY 13, 2024

Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. This technology enables rapid evaluation and automatic adjustments, streamlining the design process significantly.

Enterprise 128

Enterprise Modeling Testing Data-driven 128

CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. McKinsey reports that industrial design teams using LLM-powered summaries of user research and AI-generated images for ideation and experimentation sometimes see a reduction upward of 70% in product development cycle times. “Our

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

datapine

OCTOBER 21, 2020

In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. We will then look at 18 big data examples in healthcare that already exist and that medical-based institutions can benefit from.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Sisense

OCTOBER 29, 2020

Meanwhile, “Science” magazine reported that introducing even just a small number of AVs onto the roads could improve overall traffic flow and reduce trip times. In fact, according to forecasts by Western Digital, the storage capacity per vehicle could amount to 11 terabytes by 2030. For insurance company premiums? Advertising?

Machine Learning 90

Machine Learning Data Collection Cost-Benefit Advertising 90

Smart Data Collective

MAY 11, 2023

The American Association of Actuaries reports that big data can also help with actuarial decision making. Big Data is used more in property and casualty insurance than in other areas of actuarial practice. Health and life insurance have seen significant advances in Big Data use in recent years.

Data mining 99

Data mining Big Data Sales Cost-Benefit 99

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 106

Data Processing Cost-Benefit Software Digital Transformation 106

CIO Business Intelligence

DECEMBER 7, 2022

We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

MAY 24, 2022

Building a semantic layer describing unified business and reporting definitions. Providing a platform for fact-based and actionable management reporting, algorithmic forecasting and digital dashboarding. Insurance. THE GROWTH OF DATA. CLOUDERA DATA PLATFORM (CDP) IN ACTION. Oil and Gas.

Data-driven 98

Data-driven Data Lake Data Warehouse Cost-Benefit 98

IBM Big Data Hub

OCTOBER 12, 2023

The tasks behind efficient, responsible AI lifecycle management The continuous application of AI and the ability to benefit from its ongoing use require the persistent management of a dynamic and intricate AI lifecycle—and doing so efficiently and responsibly. But the implementation of AI is only one piece of the puzzle.

Cost-Benefit 85

Cost-Benefit Metadata Data Governance Modeling 85

IBM Big Data Hub

MARCH 28, 2024

According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 Private cloud combines the primary benefits of cloud computing (e.g., billion by 2033, up from USD 92.64 billion in 2023. What is a private cloud?

Enterprise 113

Enterprise Cost-Benefit Data Processing Software 113

Jet Global

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. 5 Things Not to do When Choosing a Financial Reporting Tool Read Now Average Treatment Costs : This hospital KPI highlights the average amount spent by the hospital per patient. How to Choose the Most Impactful Hospital KPIs?

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

Andrew White

JANUARY 11, 2021

What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). The fill report is here: Leadership Vision for 2021: Data and Analytics. With a success behind you, sell that experience as the kind of benefit you can help improve.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

JUNE 25, 2021

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. How to Compare Reporting & BI Solutions. Learn More. Download Now.

Reporting 104

Reporting KPI Metrics Measurement 104

Jet Global

MARCH 2, 2022

In recent years, investors have been placing an increased emphasis on a range of environmental, social, and governance (ESG) issues resulting in ESG reporting becoming more important. As a result, there are more demands on companies to report on their activities and practices and how they impact environmental and social sustainability.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

AUGUST 23, 2021

When you offer stock options or equity grants to employees , you must pay attention to IRS regulations to ensure that you assign an accurate value to those grants and follow proper reporting procedures. You must calculate 409A valuation correctly and with absolute confidence because the cost of getting it wrong can be significant.

Reporting 52

Reporting Recreation/Entertainment Marketing Software 52

Jet Global

JUNE 15, 2021

For a typical venture-backed startup, ASC 718 reporting serves as an important element of financial disclosure to investors. Many companies will begin incorporating ASC 718 reporting for the first time after a Series A or B round of funding. What Goes Into ASC 718 Reporting? ASC 718 Reporting Best Practices.

Reporting 52

Reporting Recreation/Entertainment Finance Cost-Benefit 52

Jet Global

JUNE 30, 2021

This article will outline the key financial, operation, and staffing performance indicators that a CEO should be tracking in 2021, as well as the benefits of tracking these using a dashboard to streamline the reporting process. Gross Profit Margin = (Total Revenue – Cost of Goods Sold) / Total Revenue. What do they want to see?

Metrics 106

Metrics KPI Dashboards Advertising 106

Jet Global

JULY 14, 2022

You record the operating cash flow on a cash flow statement, which you may need when making reports to investors. Aged Debt, Aged Debtors & The Aged Debtors Report. You’ll find an aged debtors report in formal accounting circles, and it lists your aged debtors and their aged debt. Cash Flow Forecast. Fixed Assets.

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

NOVEMBER 8, 2021

Successfully migrating your data from one ERP to the next is an essential, but often dreaded, step you must overcome to reap the benefits of a more modern ERP. You don’t want any surprises come reporting time. Simplify Post Migration Data Clean-up.

Recreation/Entertainment 98

Recreation/Entertainment Reporting Finance Cost-Benefit 98

Jet Global

MAY 25, 2023

We were delighted to be joined by our client, Savings Bank Life Insurance (SBLI), to discuss the evolution of The Office of the CFO and how technology can support better decision making. Reporting tools allow them to make more accurate predictions. They lean heavily on technology for their close process.

Finance 52

Finance Technology Reporting Operational Reporting 52

Jet Global

AUGUST 31, 2021

Although ZBB represents a significant change in the way finance teams create budgets, it has some distinct benefits, especially for organizations seeking greater agility and cost efficiencies. ZBB, therefore, enables companies to cut costs more aggressively because it is a very intentional process. ZBB Encourages Innovation.

Cost-Benefit 52

Cost-Benefit Recreation/Entertainment Finance Measurement 52

Jet Global

NOVEMBER 2, 2021

Staff Cost as a Percent of Total Cost: It takes a lot of staff to run a university. Staff Cost Ratio = Total Cost of Staff / Total Annual Budget. Staff Cost Ratio = Total Cost of Staff / Total Annual Budget. Admin Costs per Student = Cost to Fund Entire Cohort / Aggregate Number of Full-Time Students.

Metrics 52

Metrics Reporting KPI Key Performance Indicator 52

Jet Global

DECEMBER 30, 2021

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

Forecasting 98

Forecasting Recreation/Entertainment Sales Finance 98

Jet Global

AUGUST 25, 2021

It helps company leaders to aggressively streamline inflated budgets and to bring costs under control while minimizing any negative impact on operations. In effect, ZBB forces companies to prioritize and take a more intentional approach to managing their costs, focusing on the areas that generate the highest value for the business.

Recreation/Entertainment 98

Recreation/Entertainment Business Driver Sales Software 98

Jet Global

OCTOBER 7, 2021

Accounting is the process of recording, analyzing and reporting financial information of a business which can be used by a variety of stakeholders including regulators, investors and management. Cost per Invoice – This is an accounting manager KPI that indicates the total average cost of processing a single invoice from receipt to payment.

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110

Jet Global

NOVEMBER 8, 2021

This article explores some basic definitions of DBB with examples and then zeros in on some of the key benefits of DBB. That, in turn, impacts personnel requirements; not only for ski area operations, but also for lodging, restaurants, and other ancillary businesses that benefit from the good weather conditions. Benefit #1.

Business Driver 52

Business Driver Recreation/Entertainment Sales Cost-Benefit 52

Jet Global

JANUARY 31, 2022

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. They, in turn, rely on key players within their departments for input on costs, commitments, timelines, and expected outcomes.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52

Jet Global

DECEMBER 22, 2021

Analysts need to understand both the hard costs and soft costs associated with hiring and training new employees. Company executives need HR analytics that give them a complete picture, including employer taxes, benefits, and other non-wage expenses. Determine Your Need for Elasticity.

Recreation/Entertainment 52

Recreation/Entertainment Finance Software Reporting 52

Jet Global

APRIL 5, 2021

Executives typically use financial models to make decisions regarding: Budgeting and forecasting. That means the FP&As are the people creating the budget and performing financial forecasting to help the CFO and other members of senior management understand the company’s financial situation. Forecasting Models.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

OCTOBER 1, 2021

It’s an all-too-familiar scenario: You’re deep into the month-end closing process , and a recent change in the enterprise resource planning (ERP) system necessitates the modification of some of the key reports you rely on every month. It causes delays and costs money. Fortunately, there is a better way to get ad hoc reporting done.

Reporting 52

Reporting IT Recreation/Entertainment Finance 52

Jet Global

DECEMBER 22, 2021

The latter is responsible for forecasting sales, then maximizing revenue and margins; the former must see to it that the supply chain operates as efficiently as possible. Recoup 50 Percent of Your Time with the Right Financial Reporting and Planning Tools. In most organizations, departmental silos emerge as a matter of course.

Sales 97

Sales Forecasting Recreation/Entertainment Finance 97

Jet Global

OCTOBER 4, 2021

Management gurus have long been advocates of measuring, monitoring, and reporting on the numbers that matter most. To calculate this KPI, start with the cost of goods sold for a specified period (e.g. They cost your organization valuable time and money, and they are usually correlated with a negative customer experience.

Management 96

Management KPI Metrics Recreation/Entertainment 96