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Benefits of Using Data Analytics in Equipment Financing

Smart Data Collective

Data analytics technology has touched on virtually every element of our lives. More companies are using big data to address some of their biggest concerns. Securing financing is a huge example. Data analytics technology is helping more companies get the financing that they need for a variety of purposes.

Finance 100
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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.

Finance 74
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The new CFO: How AI has changed the game for chief financial officers

CIO Business Intelligence

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change.

Finance 105
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4 misconceptions about AI in finance organizations

Jedox

There are glittering promises and lofty expectations of artificial intelligence (AI), yet misconceptions abound regarding its potential impact on the office of finance. Fear of change, specifically technological change, can also inhibit the adoption of artificial intelligence in finance organizations.

Finance 52
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. It also decreases the risk of errors by eliminating disjointed, manual processes.

Finance 98
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How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

Today’s best-performing organizations embrace data for strategic decision-making. Because of the criticality of the data they deal with, we think that finance teams should lead the enterprise adoption of data and analytics solutions. Recent articles extol the benefits of supercharging analytics for finance departments 1.

Finance 52
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.