Remove Data Warehouse Remove Finance Remove Forecasting Remove Uncertainty
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Top 5 Finance Challenges of 2023

Jet Global

There’s no doubt that Finance is one of the most critical and challenging sectors to work in. 2023 has been a unique year for Finance–although organizations celebrated recovery from the COVID-19 pandemic last year, their celebrations were short-lived. Counter-intuitively, reduced budgets often mean more work for finance teams.

Finance 52
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Make Faster, More Accurate Forecasts with Automation

Jet Global

The last couple of years have been volatile for the finance industry. Runaway inflation, rising interest rates, and recent bank failures have finance leaders on edge and looking for ways to shore up their defenses as recession becomes more likely. For example, an initial forecast is set for four quarters of a year.

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2024 Predications for SAP Finance Teams

Jet Global

Next year, finance teams utilizing SAP will face unparalleled pressure due to a confluence of economic challenges. These adversities heighten the necessity for finance professionals to adeptly translate raw data into strategic guidance. The same report found that recently a new set of obstacles has emerged for finance teams.

Finance 52
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2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Jet Global

To find out more about the state of Finance in 2023, insightsoftware partnered with Hanover Research to survey accounting and finance decision-makers on the most pressing trends of the year. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA.

Finance 52
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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. The Construction Products Association’s (CPA) Autumn Forecast predicts the construction market in the UK will fall by 3.9% trillion worldwide by 2030.

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Why Finance Teams Are Facing Higher Pressure Than Ever

Jet Global

Today’s finance teams are under more pressure than ever before. Finance is responsible for knowing where their business stands today, and also for mapping out the road ahead. Finance departments must guide their organizations into the future, even as the ground continues to shift beneath their feet.

Finance 52
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Demand Planning and Forecasting: The Key to Supply Chain Challenges

Jet Global

Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting. Demand forecasting is about predicting potential spikes or troughs in demand.