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Predictive analytics: opportunities and limits for the future of finance

Jedox

Predictive analytics is a discipline that’s been around in some form since the dawn of measurement. What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. From the opening of Lloyd’s Coffee House in 1686, financial services professionals have been attempting to forecast what’s going to happen next.

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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. Invariably, these activities have seen added stress in 2020.

Finance 98
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Hey Siri, What’s My Forecasted EBITDA Look Like?

Jedox

Even though we have so much advanced technology surrounding us, we still cannot just ask, “ Hey Siri, what’s my forecasted EBITDA look like ?” However, there are many available technology tools that can simplify planning tasks and make planning and budgeting easier and far more accurate for finance professionals.

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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

On Tuesday, Atos laid out its financing needs — €1.2 Interim solution As an interim measure, Atos bondholders have agreed to provide a €100 million revolving credit facility, while its banks have offered to provide up to €300 million through a factoring facility — providing an advance on accounts receivable.

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Support Your Supply Chain with Continuous Planning and Flexible Forecasting

Jet Global

Supply chain forecasting and planning have evolved over the years into an impressive discipline that creates efficiencies and helps companies deliver their product to the right customer at the right time at a reasonable cost. Demand forecasting obviously drives much of the process. Managing the Workload.

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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. Stop-Gap Measures Are Not Enough.

Finance 52
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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. To develop renewable energy technology, governments are turning to various public policy measures. The capital-intensive nature and financing costs of geothermal projects can be prohibitive.