Smart Data Collective

DECEMBER 5, 2019

In June, Aviation Today published a great article on the state of machine learning and AI in the airline industry. Some of the benefits of machine learning in the airline industry are listed below. One of the biggest benefits of this advanced form of AI technology is boosting operational efficiency. seats on planes.

Machine Learning 65

Machine Learning Cost-Benefit Strategy Marketing 65

Smart Data Collective

JULY 2, 2019

IBM recently published a fascinating paper on the applications of big data for solar and other green energy sources. We have heard experts all over the world talk about the benefits of big data in renewable energy. Most forecasts indicate that it is going to increase. Here are some of their findings.

Data Analytics 76

Data Analytics Internet of Things Analytics Big Data 76

Jedox

APRIL 23, 2020

This includes encompassing territory planning, quota planning, calculation of sales compensation, publishing commission statements, sales forecasting, commission accruals, management reports and analytics. The key benefits of SPM automation are: Savings of 3% to 5% in sales compensation expenses & over payments.

Sales 52

Sales Management B2B Dashboards 52

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

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.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

O'Reilly on Data

MAY 27, 2020

His system was needed because “beginning teachers and librarians” were less expert at “forecasting comprehension rates” than the algorithm was. The report has pages of careful caveats, but in the end it treats these risk-adjusted ratios as a good measure of a surgeon’s performance.

Risk 355

Risk Testing Measurement Reporting 355

Smart Data Collective

JULY 31, 2022

We have talked about a lot of the benefits of using predictive analytics in finance. Traders will have to use it to manage their risks by making more informed decisions. Compared to the Spring Forecast, Russia’s action against Ukraine continues to harm the EU economy, causing weaker growth and greater inflation.

Predictive Analytics 134

Predictive Analytics Analytics Uncertainty Forecasting 134

datapine

JANUARY 18, 2023

With the use of the right BI reporting tool businesses can generate various types of analytical reports that include accurate forecasts via predictive analytics technologies. Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others.

Reporting 201

Reporting Metrics Dashboards Visualization 201

Jet Global

NOVEMBER 17, 2021

The purpose of tax and transfer pricing software is to solve the problems faced by teams who are still managing processes, such as forecasting and preparing year-end tax results using manual methods or spreadsheets. Some of the ways they can do this are to: Reduce risk in the tax filing process, whether that’s fiscal or reputational.

Forecasting 52

Forecasting Cost-Benefit Digital Transformation Software 52

Alation

APRIL 6, 2023

For one, spreadsheets are convenient and a low-cost, user-friendly alternative to larger databases and information systems. Spreadsheets are not typically developed and managed for enterprise use, which opens the door to risk from malicious actors, as well as human errors. a spreadsheet. It’s easy to see why these errors occur.

Data Governance 52

Data Governance Metadata Cost-Benefit Structured Data 52

FineReport

MAY 25, 2023

Our platform has published numerous lists of HR Metrics, including recruitment metrics and performance metrics, which can be tailored for specialized dashboards. Cost of absence : While not a standard metric, the cost of absence attaches a financial value to the aforementioned absence rate, making it more tangible.

Dashboards 52

Dashboards Metrics Cost-Benefit Key Performance Indicator 52

CIO Business Intelligence

JULY 11, 2022

According to a recent study published by Dell’Oro Group, the worldwide sales of SD-WAN technologies are forecasted to grow at double-digit rates over each of the next five years to surpass $3.2 In sum, SD-WAN can improve an organization’s security posture and help decrease the stress and costs associated with a security intrusion.

Risk 95

Risk Cost-Benefit Enterprise Optimization 95

Jet Global

APRIL 7, 2020

Some of these tools even support bidirectional data flow (for example, uploading sales forecasts or budget numbers back to an ERP system). At a time when remote work has become the norm, however, many companies are quickly seeing the benefits of embracing new technologies. Those benefits can be substantial. Don’t Over-Share.

Reporting 64

Reporting Slice and Dice Finance Cost-Benefit 64

Jet Global

NOVEMBER 23, 2020

Another nice aspect of the blog is that it frequently publishes the results of surveys conducted by the CFOSP. As a CFO, it is your job to address the financial risk of your business. This blog post talks about the benefits of having an external CFO conduct risk analysis on your business for you.

KPI 52

KPI Finance Dashboards Data Processing 52

Sisense

DECEMBER 13, 2021

But, many don’t know where to begin or how exactly to work with their data to their optimal benefit. Without leveraging this information, businesses can easily fall into the same patterns that can stunt growth–failing to attract new customers and even leaving themselves open to security risks. Forecasting consumer trends.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Smarten

MARCH 19, 2019

In today’s competitive business market, every senior executive looks at risk, value and calculations like return on investment (ROI) and total cost of ownership (TCO) before approving a budget. When a business chooses a self-serve advanced analytics solution, the benefits go beyond cost-effective, collaborative tools.

ROI 40

ROI Analytics Cost-Benefit Predictive Modeling 40

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Make experimentation cheap and understand the cost of bad decisions. Of course, exploratory analysis of big unintentional data puts us squarely at risk for these types of mistakes. Controlling the Type I error necessarily comes at the expense of increasing the risk of a Type II error.

Experimentation 61

Experimentation Testing Statistics Metrics 61

Andrew White

JANUARY 11, 2021

Gartner also published the same piece of research for other roles, such as Application and Software Engineering. With a success behind you, sell that experience as the kind of benefit you can help improve. Some data is more a risk than valuable. Risk Management (most likely within context of governance). Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Jet Global

APRIL 25, 2024

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. The majority of your SOX compliance audit will be spent reviewing internal controls for the purposes of risk management assessment.

Reporting 52

Reporting Risk Management Risk Software 52

Jet Global

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

Jet Global

MARCH 23, 2024

Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. Personnel and admin cost ratio : This government KPI is the ratio of personnel and admin cost to the operating cost of the public entity.

Reporting 52

Reporting KPI Metrics Measurement 52

Jet Global

JULY 14, 2022

But you can mitigate risks of business cash flow problems by having the right tools at your side. Poor cash flow can prevent your company from being agile, which can hinder your opportunities to make investments, buy a competitor, or avoid risks. Cash Flow Forecast. We all want better business cash flow and we want it yesterday.

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. Once your new ERP is in place, financial and operational reporting should have access to uninterrupted data sets and forecasting that draws on a successive, accurate history.

Recreation/Entertainment 98

Recreation/Entertainment Reporting Finance Cost-Benefit 98

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. As such, it can be concluded that the higher the ratio, the higher the risk to shareholders.

Metrics 106

Metrics KPI Dashboards Advertising 106

Jet Global

JUNE 27, 2023

The Many Benefits of AI to Financial Planning AI is enabling finance professionals to make faster, accurate decisions. Additionally, AI-powered solutions can deliver more accurate forecasts, helping FP&A professionals make better decisions through more in-depth planning and analysis.

Finance 52

Finance Cost-Benefit Forecasting Reporting 52

Jet Global

JUNE 25, 2021

Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. Budgeting ratio : This government KPI is the ratio of the public sector operating cost to its revenue. Download Now.

Reporting 104

Reporting KPI Metrics Measurement 104

Jet Global

JUNE 30, 2023

Choosing a transfer pricing method is a top-down strategic decision that benefits from using tools and resources designed to help businesses identify the most advantageous and appropriate methods for their transfer pricing strategy. They are also used in advance of negotiating new advance pricing agreements (APAs).

Cost-Benefit 88

Cost-Benefit Software Enterprise Reporting 88

Jet Global

JUNE 23, 2023

Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. Personnel and admin cost ratio : This government KPI is the ratio of personnel and admin cost to the operating cost of the public entity.

Reporting 52

Reporting KPI Metrics Measurement 52

Jet Global

MARCH 2, 2022

In fact, as of July 2020, 90% of the companies listed on the S&P500 had published their ESG reports. For one, companies that place an emphasis on their environmental and social impacts and responsibilities, have been shown to be more resilient and that they’re able to manage their risks better during a crisis.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

MAY 1, 2023

These benefits provide a 360-degree feedback loop. Healthcare is forecasted for significant growth in the near future. In this new era, users expect to reap the benefits of analytics in every application that they touch. Users are coming to expect sophisticated analytics at little or no cost. The market has since evolved.

Analytics 52

Analytics Cost-Benefit Visualization Dashboards 52

Jet Global

MARCH 20, 2024

This lack of visibility can lead to missed opportunities for cost savings or uncovering financial risks. Let’s delve into the specific benefits this integration offers and the positive results it can deliver for you: Faster Time to Insights: Gone are the days of waiting for IT to build and test complex queries.

Slice and Dice 52

Slice and Dice Finance Reporting Cost-Benefit 52

Jet Global

AUGUST 24, 2023

Unless there is a compelling reason to move their financials onto a cloud financial platform, companies may choose to not take the risk. Ripping the band-aid off and adapting all processes to something new runs huge risk of killing efficiency and productivity across the board. Thus, finance data remains on-premises.

Finance 52

Finance Reporting Data Integration Risk 52

Jet Global

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Analysts can use predictive analytics to foresee if a change will help them reduce risks, improve operations, and/or increase revenue.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

Jet Global

JULY 1, 2022

They are the driver of every global company, manufacturer, and supplier, but they are increasingly susceptible to adverse risks. Insights can then be published directly or distributed by being pushed to or pulled by third-party BI tools. Control risks and process compliance issues such as Segregation of Duty. Clean data is here.

Operational Reporting 98

Operational Reporting Reporting Finance Dashboards 98

Jet Global

OCTOBER 4, 2023

Finance teams are under pressure to slash costs while playing a key role in data strategy, yet they are still bogged down by manual tasks, overreliance on IT, and low visibility on company data. This not only benefits employees by enhancing their career prospects but also improves their loyalty to the company.

Finance 52

Finance Reporting Cost-Benefit Management 52

Jet Global

SEPTEMBER 1, 2023

SAP Central Finance and related Solution Extensions from insightsoftware are key options and provide a low-risk, non-disruptive, powerful platform to support your move. There are some differences to consider, but can be a valuable option to save time, resources and cost. Are you ready to fully transform finance?

Finance 52

Finance Reporting Cost-Benefit Software 52

Jet Global

FEBRUARY 8, 2023

This long-term relationship is known as broker “lock-in” and has the potential to cost you dearly in the long-run. If you experience poor service from your broker or market conditions demand you switch, a broker agnostic equity management platform will greatly reduce the cost and effort involved. Not cost burdens down the road.

Management 52

Management Cost-Benefit Reporting Software 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