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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

To work effectively, big data requires a large amount of high-quality information sources. Where is all of that data going to come from? Proactivity: Another key benefit of big data in the logistics industry is that it encourages informed decision-making and proactivity.

Big Data 275
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The case for predictive AI

CIO Business Intelligence

Predictive AI uses advanced algorithms based on historical data patterns and existing information to forecast outcomes to predict customer preferences and market trends — providing valuable insights for decision-making. It leverages techniques to learn patterns and distributions from existing data and generate new samples.

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How EPM Solutions Increase Efficiency in Data Management and Reporting

Jet Global

In today’s data-driven business environment, the finance team plays a critical role in transforming raw data into actionable insights that inform strategic decision-making. Furthermore, basing your budgets and forecasts on inaccurate or incongruent data from silos can have a detrimental impact on decision-making.

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Tackling changed requirements with comprehensive modernization

BI-Survey

Although many initiatives have already been realized around planning and forecasting in recent months, too many were just short-term fixes that did not bring the significant and lasting improvements required. This study examined the contribution modern planning and forecasting can make to corporate management. Are there better methods?

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Innovative data integration in 2024: Pioneering the future of data integration

CIO Business Intelligence

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

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Building a Functional Ecosystem: Nine Ways to Boost Your Finance-Tax Synergy

Jet Global

Integrating this data with tax reporting tools ensures that both teams are working with the same financial information, reducing discrepancies and errors. Real-time Data Updates. EPM tools typically offer real-time or near-real-time data updates, allowing finance and tax teams to access the latest financial information.

Finance 52
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6 Benefits of Cloud-based Consolidation with Clausion Consolidation 

Jet Global

Automation of tasks like data collection, reconciliation, and reporting saves substantial time and resources. Real-time access to financial data grants deep insights, facilitating informed decision-making and risk identification. Cloud-based solutions can automate tasks such as data collection, reconciliation, and reporting.