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Financial planning & budgeting: Navigating the Budgeting Paradox

IBM Big Data Hub

Obsolete data and financial projections A budget, at its core, is a financial forecast. To navigate the Budgeting Paradox, organizations are leaning towards more agile budgeting models like rolling forecasts and zero-based budgeting with other strategies, such as integrated business planning.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

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Enhance monitoring and debugging for AWS Glue jobs using new job observability metrics, Part 3: Visualization and trend analysis using Amazon QuickSight

AWS Big Data

You can slice data by different dimensions like job name, see anomalies, and share reports securely across your organization. With these insights, teams have the visibility to make data integration pipelines more efficient. The skewness metrics of the job multistage-demo showed 9.53, which is significantly higher than others.

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5 financial planning software capabilities that drive business value

Jedox

Increasing efficiency in an organization’s planning, budgeting, and forecasting processes is a key component of financial planning software, according to Gartner. To that end, finance leaders can prioritize solutions that facilitate faster data integrations through prebuilt connectors and offer an intuitive user experience to drive adoption.

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How Have Global Fluctuations Changed Your Planning Process?

Jet Global

Planners began to integrate functional and departmental plans into their own forecasts. As volatility in pricing, sales, and trade flows spiked around the world, financial planners bore witness to their forecasts going out of date at an alarming pace. Request a demo of Tidemark today. Why choose Tidemark? Sources: [link].

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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations. AWS’s scalable infrastructure allows for rapid, large-scale implementation, ensuring agility and data security.

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Common Problems With CPM Software

Jet Global

Budgeting, planning, and forecasting in finance. Renewing goals or strategies based on results and incoming forecasts. Advanced CPM software solutions offer what seems like the holy grail of corporate performance management—a single integrated platform that can handle all key performance management processes, including: Budgeting.