Financial Statement Reporting Software: A friend for your finance team


Finance teams have been opposing the arrival of Financial Statement Reporting Software for a simple reason — many assume that it will put you out of a job. Business Intelligence Basics Job Role - Finance Job Role - Executive Financial Statements Dynamic reporting

Bajaj Finance Stock Price Prediction in Python

Analytics Vidhya

The post Bajaj Finance Stock Price Prediction in Python appeared first on Analytics Vidhya. Introduction The motivation behind This article comes from the combination of passion(about stock markets) and love for algorithms. Who doesn’t love to make money.

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SoftBank Group restarts dividend as finances stabilise


TOKYO (Reuters) - SoftBank Group Corp said on Friday it would pay an interim dividend of 22 yen per share for the current year, the same as the previous fiscal year, after a series of massive asset sales stabilised the group's finances. By Sam Nussey.

New finance solution to drive digital transformation


Many finance teams with multiple entities and divisions can spend up to 40% of their time gathering data to prepare these static reports, rather than analyzing the data. A finance solution created by Phocas to enable a speedy digital transformation to dynamic, interactive reporting, is now available. Backed by the power of a data analytics toolkit, finance teams can now deliver more business insight and empower others to use the right data to measure business performance.

Up Your Analytics Game: How to Empower People to Take Action

Speaker: Tom Davenport, President’s Distinguished Professor of Information Technology and Management, Babson College

Join top-ranked analyst and bestselling author of Competing on Analytics, Tom Davenport, to learn how analytics technology provides Financial Services HR professionals with unique insights that create strategic value.

Attract and keep the best finance talent with financial analysis software


There is a global shortage of finance talent. Yet there is also a growing push toward having a more modern finance team that can be ready for anything, can quickly share up-to-date numbers and coach others in the business about financial performance.

5 ways to reduce finance admin time with data analytics


In the finance team, there is growing interest from the rest of the organization to provide more business advice, so there is a pressing need to adopt digital tools to automate processes, so instead of number crunching it can focus more on strategic tasks. A significant challenge for the finance team is selecting the right financial data analytics software, which integrates ERP financial transactions and customer interactions and fulfils expectations.

How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Typically, this approach is essential, especially for the banking and finance sector in today’s world. Right now, Big Data tools are continuously being incorporated in the finance and banking sector.

Will Finance Become 100% Digitalized?


We have been talking about a digital transformation in Finance for ages. More importantly, how will the finance function look afterwards? The second idea is riskier because pieces of the finance function will be continually moving to a better digital platform.

EV maker Xpeng plans new plant with local government financing


BEIJING (Reuters) - Electric vehicle maker Xpeng Inc said on Monday it would start building a new car plant in China's southern city of Guangzhou with 4 billion yuan ($590 million) in financing from the local government.

Washington state seeks $100,000 from Twitter for campaign finance violations


(Reuters) - Twitter Inc will pay $100,000 for failing to meet Washington state's disclosure laws over payments related to multiple political ads that were posted on its platform since 2012, the state's attorney general said on Tuesday.

U.S. offers Brazil telecoms financing to buy 5G equipment from Huawei rivals


government stepped up an offensive on Tuesday to keep China's Huawei Technologies out of Brazil's 5G market, with Washington offering to finance purchases by Brazilian telecom companies of equipment from its competitors. International Development Finance Corporation (DFC), the U.S.

Token Financing: How Tokenization Will Change the Economy


Token financing has the opportunity to change the world economy drastically. Security tokens will enable organisations to bring real-world assets online, and decentralised finance (DeFi) aims to replace all existing financial services by decentralised solutions. . Therefore, the 2Tokens project organised a third round table to discuss what token financing is, how it will impact the economy, and what we need to do to make it a success.

Data: The Crumbling Foundation of Finance, Our Once Trusted Advisor


The most frequently asked question of Finance departments today is, ‘whose data do we trust’? Here’s how to ensure Finance always has the correct answer

Is 2019 The Year Finance Discovers Blockchain?


It’s increasingly becoming clear that 2018 could very well be the year that finance discovers blockchain in a meaningful way for the first time, which could usher in a new era for this burgeoning digital technology. Here’s why financial institutions and the finance sector are gradually beginning to warm up to blockchain, and what that means for this technology going forward.

How Decentralised Finance Will Change the World's Economy


Two of the most exciting applications are supply chain and finance. Decentralised Finance (DeFi) will make a game-changing impact on the world in dozens of different economic dimensions. What is Decentralised Finance? Decentralised Finance, or Open Finance, is all about creating a global, decentralised alternative to every financial service that exists today, including insurance, savings, loans, etc.

German finance minister says confident we can agree on blueprint for digital economy taxation in autumn


BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Tuesday he was confident that a "blueprint" for deals at the Organisation for Economic Cooperation and Development on taxation of the digital economy and minimum taxation can be agreed in autumn. "I

China's Ant Group plans consumer finance firm in growth push ahead of IPO


HONG KONG (Reuters) - Ant Group, Alibaba's fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of Chongqing, expanding its presence in the fast-growing domestic business, two sources told Reuters. By Julie Zhu.

Why The Future of Finance Is Data Science


Statistics are a vital part of learning customer basis and seeing exactly what is occurring within the finance company and how it can be improved. The entire process of working is going through fast changes with every advance in technology. Top financial advisors and leaders now see the future completely reliant on data science. Automation is occurring in all industries, and while some jobs will become streamlined, that does not necessarily mean lowering the number of employees.

25+ KPIs and Metrics for Finance Departments in 2020

Jet Global

What is a Finance Department and Manager Level KPI? A finance department Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure used to evaluate a company’s financial performance. Utilizing KPIs Within Your Finance Department.

Big Data’s Impact On Investing And The Finance World

Smart Data Collective

The post Big Data’s Impact On Investing And The Finance World appeared first on SmartData Collective. Big Data Fintech SmartData Collective Exclusive big data finance fintech investingTraditionally, the world of investing was bland and exclusive. Investment vehicles were not very different from one another and minimum capital requirements meant that even this was reserved for the few who had the means.

How to Get Started With Algorithmic Finance


Algorithmic finance has been around for decades as a money-making tool, and it's not magic. 2020 Jan Tutorials, Overviews Algorithms Finance Hedge fund Investment Time SeriesLearn about some practical strategies along with and introduction to code you can use to get started.

How Can Finance Functions Become Analytics Leaders?

Jet Global

Analytics in the finance function has been top of mind for CFOs for many years. A newly released FSN survey, “The Future of Analytics in the Finance Function” makes the point. It finds that only 14% of finance functions say their analytics is insightful. For 22% of finance functions analytics is merely “routine”, revolving around standardised ERP reporting with little effort to mine its analytic potential. The post How Can Finance Functions Become Analytics Leaders?

Real-World Machine Learning Case Study: Clustering Transactions Based on Text Descriptions

Analytics Vidhya

Banking Intermediate Machine Learning Topic Modeling Unsupervised Use Cases finance clustering finance machine learning finance use case K-means Clustering unsupervised learningIntroduction We are living in the era of digital technologies. When was the last time you walked into a shop that didn’t have a. The post Real-World Machine Learning Case Study: Clustering Transactions Based on Text Descriptions appeared first on Analytics Vidhya.

4 Problems Financial Reporting Automation Solves for Corporate Finance Teams

Jet Global

This is especially true in the world of finance, where businesses generate an overwhelming amount of data. And with automation software constantly improving, implementation in finance has never been easier. 4 Problems Automation Solves for Your Finance Team.

Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting.

5 Tips for High Quality Finance Forecasting


Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning. With these five tips for high quality finance forecasting, you can increase the quality of your forecasts and ensure more successes for your organization. The post 5 Tips for High Quality Finance Forecasting appeared first on Jedox. A high-quality business forecast delivers far more than just numbers.

A Proven Template For Financing Data-Driven Startups

Smart Data Collective

Tech startups face a substantial amount of competition for business financing. Remember to search for quick business loans online to get financing for your tech startup without dealing with venture capital investors. This is the best way to find funding for a tech startup while avoiding the heavy competition for financing. That way, you can find reputable business loans and get approved quickly to secure financing for your tech startup.

How to Evaluate FP&A Tools for Your Finance Department

Jet Global

The capabilities of these innovative solutions unlock efficiencies and performance power to help finance departments deliver more value to their organizations. Finance departments traditionally haven’t had a central role in managing performance and strategies across their entire organizations.

What Ventana says about the future of finance and analytics

IBM Big Data Hub

Follow @IBMAnalytics. Ventana Research is a leading benchmark research and advisory services organization, providing some of the most comprehensive analyst and research coverage for business

PaymentsJournal: AI in Finance: The Predictions

Jet Global

The term “AI” is being thrown around a lot lately, but realistically how will it change the world of finance? Here are our predictions as the modern finance department looks to the future. Anyone working in finance knows that manually dumping data into Excel and manipulating it is prone to errors, not to mention unbelievably time-intensive. This may appear long-winded, but it very much reflects what’s starting to materialise in a finance team today.

The Power of AI in Finance and Algorithmic Trading


As artificial intelligence, machine learning, and data science are fundamentally changing the world, we need to investigate how they’re impacting finance and algorithmic trading, particularly at a time when markets are so vulnerable and volatile

5 reasons financial reporting software is impossible to ignore


The finance team is the central nervous system of your business primarily responsible for making finance-related decisions. Yet, instead of contributing expertise to all business decisions, the finance team spends much time preparing static reports.

Top 3 Winning Solutions and Approaches from LTFS Data Science FinHack 2 (with Code)

Analytics Vidhya

Analytics Vidhya Banking Data Science Intermediate Winners Approach banking data science data science hackathon finance data science finance hackathon Hackathon Time Series time series hackathon winning solution hackathonOverview Presenting the top three winning solutions and approaches from the LTFS Data Science FinHack 2 The problem statement for this hackathon was from.

How to Empower Remote Finance Staff to Work Without IT

Jet Global

Now more than ever, finance and accounting workers around the world are discovering the merits and the pitfalls of working remotely. This also presents a fresh opportunity for finance and accounting managers to consider how their teams operate. One such opportunity lies in transforming the way finance and accounting teams design and generate reports. Right now, the majority of finance and accounting professionals are working remotely.

What is Business Intelligence? The ABCs about BI


Business Intelligence Basics Job Role - Finance Job Role - IT Dynamic reportingBusiness Intelligence (BI) helps decision makers understand how their business is performing. For many years, Phocas customers implemented BI predominately to generate revenue.

Book Review: Corporate Finance and Investment: Decisions and Strategies

Jen Stirrup

Corporate Finance And Investment: Decisions & Strategies by Richard Pike. This book was helpful in helping me to understand the principles of corporate finance, and develop the key tools to apply it in the workplace. It’s well-rounded, covering a range of topics from Islamic Finance to behavioural finance. My rating: 5 of 5 stars.

How sharing data makes financial performance everyone’s responsibility


The finance team has always turned to numbers to answer its questions, and as the current economic environment has forced businesses to act faster, everyone needs real-time access to critical financial performance.

Empower Your Remote Finance Team with Excel Based Reporting

Jet Global

Finance teams are needing to provide answers to challenging questions which often require new reports and the ability to analyze data in new ways. Working remotely has added a layer of complexity as many finance users rely on IT to build new reports and drill to the information they need. The post Empower Your Remote Finance Team with Excel Based Reporting appeared first on insightsoftware.

Ad hoc financial analysis and reporting for everyone


In such cases, they have to come back to the finance team (or the IT team) who investigates the matter and generates more standardized static reports. In many companies, the IT department creates a library of pre-built templates for generating static financial reports from the ERP.

Empower Your Finance Team to Handle Change in Uncertain Times

Jet Global

Now more than ever, Finance teams need to stay agile and adapt to rapidly changing business conditions. Join our free webinar on May 28 to learn how you can: Extend planning and reporting beyond finance. The post Empower Your Finance Team to Handle Change in Uncertain Times appeared first on insightsoftware. The world is undergoing rapid change. At the same time, they need to remain robust and fully in control of their figures.

Top 35+ Finance KPIs and Metric Examples for 2020 Reporting

Jet Global

This post will go over both the following explicit and implicit financial KPIs that you should be aware of, how they are calculated, and how financial reporting software can help simplify this process for your finance department: Operating Cash Flow. The Fundamental Finance KPIs and Metrics – Cash Flow. Without enough cash on hand to support a short-term negative cash flow, external financing may be required. That is why we implement finance metrics.

How Nonprofit Finance Teams Can Spend Less Time Gathering and More Time Analyzing Data

Jet Global

Nonprofit finance professionals play a critical role in tracking costs, donations, and operational expenses in order to assess financial health and keep the organization on track. Recent decreases in government reimbursements and donations mean nonprofit finance teams need to monitor the health of their organizations even more carefully. Each reporting stage needs to be tracked by finance and disclosed to the public.