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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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How to Extend Your Planning Solution with Sales Performance Management

Jedox

Let’s dive deeper: Data integration. Data for sales compensation come from varied sources and almost always, before it can be fed into the calculation engine, it needs to be transformed per complex business rules. The multi-dimensional architecture and in-memory database makes such analysis easy and fast in Jedox.

Sales 52
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insightsoftware Announces Evolution of Longview Tax for BEPS 2.0 Pillar Two Support

Jet Global

Pillar Two requirements, improving financial planning with consistent, correct tax payments and reliable tax forecasting. Inconsistent data integrity leads to errors in tax reporting and forecasting, which can result in enormous financial and legal costs for organizations.

Finance 59
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What Are The Forecasting Best Practices Of Transformation Leaders?

Jet Global

Forecasting business performance has never been so challenging. . Yet, even in these extreme circumstances, there are organisations that forecast much more dependably than their contemporaries. . They are also three times more likely to be able to forecast out further than 12 months. . what is going to ‘move the dial’).

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How Tax Professionals Leverage Software to Become More Strategic

Jet Global

We asked webinar attendees to report how their tax department is viewed by other coworkers. Reshaping Future Growth: Top Tips on How to Manage Tax Forecasts. A large number of insightsoftware’s webinar attendees (67%) reported that they faced particular strategic barriers within the realm of tax and finance forecasting.

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Data Prep for AI: Get Your Oracle House in Order

Jet Global

However, to truly unlock this potential, complete data preparation and control are essential. Just like a powerful engine needs high-quality fuel, AI relies on clean, consistent data across the Oracle ecosystem. This ensures the accuracy of AI-generated forecasts, cash flow optimizations, and the discovery of hidden financial truths.

Finance 52
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Exercising Control Over Transfer Pricing: How to Avoid Risks at Year-End

Jet Global

Although the workbooks were standardized, data entered were not always complete or in line with numbers forecast earlier in the year. The semi-manual approach to data capture also led to inaccuracies that needed to be managed and corrected centrally. Managing Data Integrity. The Need to Free Up Time.

Risk 98