Jet Global

OCTOBER 8, 2020

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. It also decreases the risk of errors by eliminating disjointed, manual processes.

Finance 98

Finance Reporting Forecasting Metrics 98

bridgei2i

MAY 17, 2021

5 Ways AI Is Transforming The Finance Industry. AI is becoming a powerful ally of the finance sector, offering the opportunity for better and more customized services, cost reduction, examine cash, credit, and investment changes in real-time, and generating new revenue streams. There are multiple benefits of AI in the finance industry.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

Alation

OCTOBER 26, 2021

Because of the criticality of the data they deal with, we think that finance teams should lead the enterprise adoption of data and analytics solutions. And while some might see finance as the most conservative department in an enterprise, we believe that they can become innovators, driving how their business consumes and uses data.

Finance 52

Finance Data Transformation Enterprise Metrics 52

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change.

Finance 98

Finance Forecasting IoT Predictive Modeling 98

Jet Global

MAY 11, 2021

. – May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. Finance Team’s Role & Challenges. Two-Year Priorities.

Finance 98

Finance Technology Forecasting Uncertainty 98

Jedox

AUGUST 13, 2020

In our last post, “ Rolling Forecasts: The Pros and Cons ,” we looked at why rolling forecasts are used, when it makes sense to use them, and for whom. In our third and last post in this series, we give five tips for a successful implementation of rolling forecasts in your organization’s FP&A processes. .

Forecasting 52

Forecasting Risk Finance Software 52

Jedox

SEPTEMBER 11, 2019

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.

Forecasting 59

Forecasting Experimentation Sales Unstructured Data 59

Jet Global

JULY 21, 2022

Data show increased digital efficiency across most finance functions, but expanding responsibilities and diminishing resources create new challenges. July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. RALEIGH, N.C.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

Smart Data Collective

MARCH 2, 2023

Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

Big Data 78

Big Data Uncertainty Risk Data mining 78

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. Energy: Forecast long-term price and demand ratios. Financial services: Develop credit risk models.

Predictive Analytics 143

Predictive Analytics Analytics Predictive Modeling Forecasting 143

CIO Business Intelligence

APRIL 4, 2024

To keep up, Redmond formed a steering committee to identify opportunities based on business objectives, and whittled a long list of prospective projects down to about a dozen that range from inventory and supply chain management to sales forecasting. “We Our biggest risk is if our employees don’t use AI as much as they could.”

Enterprise 132

Enterprise Cost-Benefit Forecasting Strategy 132

IBM Big Data Hub

SEPTEMBER 6, 2023

Obsolete data and financial projections A budget, at its core, is a financial forecast. Unanticipated risks Good budgeting plans for risks. Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks.

Forecasting 87

Forecasting Marketing Risk Sales 87

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. The best finance teams I’ve worked with apply very simple principals, even in complex transformation projects. A third reason is not knowing where to start.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 79

Key Performance Indicator Forecasting Data Integration Sales 79

Jet Global

APRIL 27, 2020

In just a few short weeks, many companies’ sales forecasts have been rendered obsolete. Re-Assess Your Risks. Start with key make-or-break assumptions such as sales forecasts, receivables, cash flow, and the reliability of your supply chain. Some of your risks may be less obvious. Forecast Early and Often.

Forecasting 80

Forecasting Finance Metrics Risk 80

IBM Big Data Hub

OCTOBER 19, 2023

Smallholder farmers lack access to hyperlocal weather forecasting and data that can help increase their crops’ chances of success, which jeopardizes the productivity and profitability of their season. Their challenges are compounded further by inherent and unavoidable farming risks, such as pests, contamination and natural disasters.

Forecasting 98

Forecasting Consulting Risk Modeling 98

CIO Business Intelligence

NOVEMBER 20, 2023

AI is becoming an integral part of decision-making for many different business functions – from finance to manufacturing to sales. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Here’s a look at a few areas where it’s gaining influence.

Sales 129

Sales Cost-Benefit Manufacturing Forecasting 129

IBM Big Data Hub

DECEMBER 4, 2023

It empowers businesses in their sales planning, budgeting and forecasting processes. Three of the most prevalent obstacles include:  Excessive time consumption  Finance professionals spend an excessive amount of time on manual tasks, leading to a prolonged business planning process.

Forecasting 51

Forecasting Finance Optimization Marketing 51

O'Reilly on Data

JANUARY 22, 2019

Finance is not physics. Despite all the complicated mathematics of modern finance, its theories are woefully inadequate, especially when compared to those of physics. Perhaps finance is harder than physics. This observation is particularly applicable to finance. Image by Mike Shwe and Deepak Kanungo. Used with permission.

Modeling 133

Modeling Finance Uncertainty Data mining 133

Jet Global

JANUARY 4, 2021

For many organizations, a frequent complaint related to financial planning has been the level of disconnect that sometimes exists between Finance and Operations. Planners began to integrate functional and departmental plans into their own forecasts. Top-down planners found themselves collaborating more with frontline managers.

Forecasting 98

Forecasting Finance Testing Sales 98

Jet Global

JANUARY 7, 2021

This results in reduced risk, tightened compliance, improved productivity, and higher employee satisfaction. founded in 2002, helps customers elevate their business with smart, intuitive solutions for modern finance. Certent helps you redefine your approach to governance, risk, and compliance. Certent, Inc.,

Finance 105

Finance Reporting Software Forecasting 105

Jedox

SEPTEMBER 10, 2020

They balanced employee health risks with commercial imperatives. Reinventing for dynamic forecasting. They have reduced fixed costs, changed leasing arrangements, and provided financing measures as lifelines for high-grade suppliers suffering a catastrophic reduction in cash flow. In fact, “Brace! Conclusion.

Forecasting 69

Forecasting Dashboards Measurement Risk 69

Jet Global

JUNE 22, 2023

They believe in the digital finance transformation, and their posts focus on embracing change. Deloitte CFO Articles & Insights Link: [link] Anyone in finance should know about Deloitte. However, the use of an employee stock option plan (ESO) falls directly under the jurisdiction of the finance department.

KPI 105

KPI Finance Dashboards Digital Transformation 105

Jedox

SEPTEMBER 3, 2020

The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications. The room for poor assumptions and missed forecasts shrank. Without this foresight, CFOs risk being left behind with a worldview limited by historic internal data.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

Jet Global

AUGUST 6, 2020

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. Follow him on LinkedIn or on his website Supercharged Finance. . How did you come to start Supercharged Finance and what do you do there?

Strategy 96

Strategy Finance Forecasting Consulting 96

Smart Data Collective

MARCH 27, 2023

Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Keep reading to learn more about the relevance of AI in finance. The Evolution of Fintech For decades the most important technological innovation in finance was the calculator. It sounds expensive.

Software 84

Software Finance Cost-Benefit Data-driven 84

Smarten

SEPTEMBER 28, 2022

Plan and forecast accurately.’. Predictive Analytics utilizes various techniques including association, correlation, clustering, regression, classification, forecasting and other statistical techniques. Businesses must control quality or risk losing customers and market share and exposing the enterprise to legal risk and liability.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

CDW Research Hub

DECEMBER 2, 2021

CDW has raised permanent financing for this transaction and has an initial net leverage ratio of approximately 3.3x Initial net leverage ratio is as of period-end September 30, 2021, combined with the incremental permanent financing for the transaction. The Company will continue to target deleveraging to approximately 2.5x

Uncertainty 93

Uncertainty Cost-Benefit Finance Risk 93

Jet Global

JUNE 17, 2021

While budgeting is an essential and crucial task for most businesses, it can be a challenging process, both for the finance department and for the budget holders involved. Also, there is a risk of errors due to the manual gathering of all figures. Learn more about our Budgeting, Planning and Forecasting solutions.

Forecasting 52

Forecasting Finance Risk Dashboards 52

CIO Business Intelligence

JULY 31, 2023

What major challenges and risks stand between the current state and the vision? Borrow revenue projections from FP&A, then layer in projected IT run-rate spend, IT project spend for each year in the forecast, and summarize total IT spend as a percentage of revenue. Not sure where to start? Try your competitors’ publications.

Strategy 97

Strategy IT Cost-Benefit Finance 97

IBM Big Data Hub

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. AI helps address this problem by combining aspects like demand forecasting, last – mile delivery , and routing optimization.

Optimization 75

Optimization Manufacturing Cost-Benefit Risk 75

CIO Business Intelligence

MARCH 14, 2024

By acquiring a broader perspective, MBA-equipped IT leaders typically gain a better understanding of all the critical elements that go into running a business, including finances, creative marketing, and working in cooperation with HR. You must understand budgets, forecasting models, regulatory compliance, and a host of other topics.”

IT 122

IT Strategy Digital Transformation Risk Management 122

Smarten

JUNE 24, 2022

Tally ® ERP is a popular finance and accounting solution used by many team members in many businesses. It provides modules to support inventory management, purchasing, sales professionals, accountants, finance managers and other expense and revenue related functions responsible for taxes, statutory reporting etc.

Analytics 52

Analytics Key Performance Indicator Finance Sales 52

datapine

JUNE 15, 2023

By being able to make informed decisions, you’ll ensure your goals are being met with less financial risk, thanks to smart resource allocation. We are talking about sales, finances, customer service, human resources, and more. This time, including valuable forecasts for costs and income.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

Smart Data Collective

JUNE 29, 2022

Document digitization is one of the most time-consuming tasks that finance teams face. For example, users can get forecasts on their income or expenses in the future. The user should feel more in control of their finances as a result of using the application. OCR for Processing Receipts and Invoices. Wrapping Up.

Cost-Benefit 82

Cost-Benefit Predictive Analytics Finance Forecasting 82

Jedox

JUNE 26, 2019

Mr. Liu-Lindberg is a Senior Finance Business Partner at Maersk and co-author of the book “Create Value as a Finance Business Partner.” ” He is also a finance industry blogger on LinkedIn with more than 33,000 followers. The business needs more from Finance.

Finance 89

Finance Data-driven Forecasting Marketing 89

Smart Data Collective

JUNE 2, 2022

All you have to do is use cloud solutions to implement online sourcing in your business and see how the automation process reduces plenty of risks associated with the manual procurement process. Through the use of e-procurement, you will have greater control over your accounts, finance, cash flow, and business-related data.

Technology 117

Technology ROI Cost-Benefit Forecasting 117