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How Amazon Devices scaled and optimized real-time demand and supply forecasts using serverless analytics

AWS Big Data

AWS Glue for ETL To meet customer demand while supporting the scale of new businesses’ data sources, it was critical for us to have a high degree of agility, scalability, and responsiveness in querying various data sources. Every dataset in our system is uniquely identified by snapshot ID, which we can search from our metadata store.

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Financial Dashboard: Definition, Examples, and How-tos

FineReport

Budget variance quantifies the discrepancy between budgeted and actual figures, enabling forecasters to make more accurate predictions regarding future costs and revenues. Finance and accounting teams often deal with data residing in multiple systems, such as accounting software, ERP systems, spreadsheets, and data warehouses.

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Become a Financial Storyteller

Jet Global

Microsoft Excel offers flexibility, but it’s missing so many of the elements required to assemble data quickly and easily for powerful (and accurate) financial narratives. The reports created within static spreadsheets are based on a snapshot of reality, taken the moment the data was exported from ERP.

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Top Financial Reporting Challenges and How to Solve Them

Jet Global

There is yet another problem with manual processes: the resulting reports only reflect a snapshot in time. As soon as you export data from your ERP software or other business systems, it’s obsolete.

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Discover Efficient Data Extraction Through Replication With Angles Enterprise for Oracle

Jet Global

The answer depends on your specific business needs and the nature of the data you are working with. Both methods have advantages and disadvantages: Replication involves periodically copying data from a source system to a data warehouse or reporting database. Empower your team to add new data sources on the fly.

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Top 5 EPM Reporting Templates (+ How to Get Started with EPM)

Jet Global

That might be a sales performance dashboard for your Chief Revenue Officer, a snapshot of “days sales outstanding” (DSO) for the A/R collections team, or an item sales trend analysis for product management. With the CXO Data Warehouse Adapter, you can access ERP data, planning and budgeting numbers, or external information.

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Ditch Manual Data Entry in Favor of Value-Added Analysis with CXO

Jet Global

However, there is a downside; each system, operating independently, constitutes a data silo. Imagine that you want to look at sales forecasts, the current sales pipeline, year-to-date sales and prior years’ sales to understand how the company is performing relative to committed targets. Manual Processes Are Prone to Errors.

Finance 52