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

datapine

Table of Contents 1) What Is A Performance Report? 2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. At the time, this was not an issue, as the static nature of reporting was the norm.

Reporting 207
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The evolving role of CFO is driven by data

CIO Business Intelligence

But although their role has evolved, the technology which helps them is still playing catch-up, with the lack of reliable analytics and data one of the biggest hurdles to progress. A changing role and the need for data. The finance function has traditionally been known for its stability and process-based culture.

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Jabil is building reports with IBM Business Analytics Portfolio

IBM Big Data Hub

They are a technologically motivated enterprise, so it’s no surprise that they would apply this forward-thinking view to their finance reporting as well. Switching to IBM Business Analytics gave Jabil the ability to gather and structure data in a centralized approach for management.

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Business Management Systems for Data-Driven Businesses

Smart Data Collective

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Opt for a scalable accounting system.

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The CFO’s role in the age of generative AI

IBM Big Data Hub

Through new approaches to financial management that incorporate generative AI , this advanced technology can help CFOs make more informed, data-driven decisions for their organization that can have major financial implications. The IBM report found that, on average, AI adopters attribute 40% of finance function FTE redeployment to AI.

Finance 74
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Top 5 Data-Driven Lease Accounting Software Solutions

Smart Data Collective

Big data has radically changed the accounting profession. They are also using more advanced data analytics tools to make more meaningful insights into the nature of their clients’ financial matters. The lease accounting profession has been particularly influenced by advances in big data. Image source: Trullion.

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How Can Finance Functions Become Analytics Leaders?

Jet Global

Analytics in the finance function has been top of mind for CFOs for many years. A newly released FSN survey, “The Future of Analytics in the Finance Function” makes the point. It finds that only 14% of finance functions say their analytics is insightful. So, the obvious question is, what does it take to be an analytics leader?

Finance 78