Attract and keep the best finance talent with financial analysis software

Phocas

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

Phocas

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.

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New finance solution to drive digital transformation

Phocas

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.

How the finance team uses analytics to automate reporting

Phocas

By harnessing technology and implementing data analytics, the finance team automates its month end and statutory reporting which helps get to the source of the data faster and make clear decisions.

Token Financing: How Tokenization Will Change the Economy

DataFloq

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. .

Cloud, big data analytics & AI are driving change in Finance

Cloudera

The post Cloud, big data analytics & AI are driving change in Finance appeared first on Cloudera Blog. How Cloud Computing is evolving alongside Big Data, Analytics, and AI in Financial Services.

Is 2019 The Year Finance Discovers Blockchain?

DataFloq

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.

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.

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.

How Decentralised Finance Will Change the World's Economy

DataFloq

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?

How to Get Started With Algorithmic Finance

KDnuggets

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.

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.

5 Tips for High Quality Finance Forecasting

Jedox

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.

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

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.

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.

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. You often hear “AI will steal our jobs,” so what does that mean for the world of finance?

The Power of AI in Finance and Algorithmic Trading

DataCamp

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

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.

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 hackathon

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.

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 world is undergoing rapid change.

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. Each reporting stage needs to be tracked by finance and disclosed to the public.

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. That is why we implement finance metrics.

How sharing data makes financial performance everyone’s responsibility

Phocas

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.

Jet vs. Data Entities in Dynamics 365 Finance & Operations

Jet Global

Built from the bones of Dynamics AX, the cloud-based Dynamics 365 Finance & Operations (D365FO) has introduced some new out-of-the-box reporting and analytical capabilities to customers. The Complete Guide to Reporting and Analytics in Dynamics 365 Finance & Operations.

How Finance is Leveraging Automated Data Lineage for Regulations Compliance

Octopai

The post How Finance is Leveraging Automated Data Lineage for Regulations Compliance appeared first on Octopai. The worldwide economy was shaken in 2007 when the United States stock market had its largest drop since the Great Depression.

Global Banking & Finance Review: What Story Does the Office of the CFO Need to Tell Now?

Jet Global

In our world, the most successful finance teams and CFOs are champions of something called “financial intelligence,” which underpins everything they do. Financial intelligence isn’t software: It’s how best-in-class finance teams operate.

How to automate financial statements in minutes

Phocas

Does the finance team spend a lot of time pulling data from your enterprise resource planning (ERP) system into spreadsheets so they can manipulate it into the standardised format? Business Intelligence Basics Job Role - Finance Financial Statements Dynamic reporting data analytics

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.

4 ways dashboards provide more insight into financial performance

Phocas

A new financial statement solution backed by the power of a data analytics toolkit is changing the way finance teams carry out month-end reporting and the built-in dashboards provide more dynamic insight into financial outcomes.

How Your Finance Team Can Rise to the Challenge of the Ever-Changing Affordable Care Act

Jet Global

Hospital executives are looking to finance teams to help them consider options for ensuring short-term stability as well as long-term growth post-pandemic. Beyond the current upheaval, other factors were already having an impact on healthcare providers and their finance teams.

How to Streamline Regulatory Reporting in the Finance and Banking Industry

Jet Global

The volume of regulations and the scale of ongoing regulatory compliance legislation often leave finance teams struggling to meet new reporting requirements. Finance and banking regulatory costs have been forecasted to rise from 4 percent to 10 percent of revenue by 2021.

Get Prepared for Reporting and Analytics in Dynamics 365 Finance & Operations – Webinar May 23, 2019

Jet Global

Microsoft Dynamics 365 Finance & Operations (D365FO) is a cloud-based business management solution built from the robust architecture of Dynamics AX.

Predictive Analytics in Finance Can Accelerate Data-Driven Enterprise Transformation

Cloudera

Every finance organization has rich, robust data pulsing through its systems around the clock. The challenge of implementing predictive analytics in finance lies in collecting, mining and manipulating high-quality data (i.e., Fintech for financial services is far-reaching.

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.

FP&A Trends for 2019: The Year of Digital Finance Transformation

Jedox

I’m of the opinion that all rules-based and tactical activities of the FP&A function, and really all of Finance, will be automated in the near future. By automating, we will be able to ease the introduction of NLP not just to Finance, but to the entire organization. The post FP&A Trends for 2019: The Year of Digital Finance Transformation appeared first on Jedox BI Blog.

How Trade Supply Group customizes financial statements across 14 locations

Phocas

Business Intelligence Basics Job Role - Finance Job Role - Executive Financial Statements Dynamic reportingTrade Supply Group, New York, operates a number of companies that specialize in the distribution of building materials for trade and retail customers.

Treasury Management International: Get Your Finance Team out of the BI Spiral

Jet Global

While BI tools serve many lines of business well and have their obvious merits, they often don’t hit the mark in finance. Finance teams’ reporting needs are too specialised for modern BI tools, so finance needs something different. For finance, delays like this are unacceptable.

Navigating the changing technical landscape in banking and finance

Paris Technologies

It can be said that the banking industry is going through a phase of radical modernization and technological change, transforming how finance delivers value to their customers. Technology is simultaneously disrupting and enabling banking and finance at the same time. Data Management Finance and Banking Industry Focus

Modernize Your Finance and Operational Reporting with Live, Drillable Data in Excel

Jet Global

The post Modernize Your Finance and Operational Reporting with Live, Drillable Data in Excel appeared first on insightsoftware. Do away with manual, time-consuming reporting processes. No more waiting on IT, manually dumping data into spreadsheets, or back and forth between your ERP and Excel.

Modernize Your Finance and Project Reporting with Live, Drillable Data in Excel

Jet Global

The post Modernize Your Finance and Project Reporting with Live, Drillable Data in Excel appeared first on insightsoftware. Do away with manual, time-consuming reporting processes. No more waiting on IT, manually dumping data into spreadsheets, or back and forth between your ERP and Excel.