CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending.

Strategy 134

Strategy Data Processing Experimentation Optimization 134

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

Analytics Vidhya

JANUARY 16, 2023

He was a novice in the finance industry, and like many traders, he struggled to find a consistent and profitable trading strategy. This article was published as a part of the Data Science Blogathon. Introduction Once upon a time, there was an individual trader named Anand.

Finance 288

Finance Data Science Publishing Strategy 288

Occam's Razor

FEBRUARY 6, 2018

As you accumulate more experience in your career, you’ll discover there are a cluster of simple strategies you can follow to pretty ruthlessly eliminate the riffraff and focus on the critical view. This is a clever strategy, I think you are going to love it. Oh, your Finance team will love you! Look for outliers. Focus sharply.

Strategy 263

Strategy Metrics KPI Dashboards 263

Jet Global

JUNE 21, 2023

While trying to do more with less, accounting and finance pros are taking longer to get work done, overlooking automation and technology as a potential solution RALEIGH, N.C. In 2022, despite continued economic headwinds, finance teams were optimistic about the future and preparing for growth.

Finance 52

Finance Uncertainty Digital Transformation Reporting 52

Jedox

MAY 9, 2022

There are glittering promises and lofty expectations of artificial intelligence (AI), yet misconceptions abound regarding its potential impact on the office of finance. Fear of change, specifically technological change, can also inhibit the adoption of artificial intelligence in finance organizations.

Finance 52

Finance Risk Manufacturing Forecasting 52

CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Finance 100

Finance Forecasting IoT Predictive Modeling 100

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

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a smart BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

CIO Business Intelligence

JANUARY 15, 2024

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short.

Uncertainty 105

Uncertainty Sales Finance Forecasting 105

CIO Business Intelligence

APRIL 9, 2024

On Tuesday, Atos laid out its financing needs — €1.2 The trouble with Atos The challenge for Atos is that, despite a succession of new CEOs , new board members, and new strategies, it still keeps losing money — and it is already heavily loaded with debt, making banks reluctant to extend more credit to help it through the continuing bad times.

Forecasting 101

Forecasting Finance Sales Big Data 101

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 Webster Bank is following a similar strategy. Diasio agrees.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

Jet Global

MAY 14, 2020

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

Finance Reporting KPI Cost-Benefit 52

IBM Big Data Hub

SEPTEMBER 6, 2023

Obsolete data and financial projections A budget, at its core, is a financial forecast. Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks. Rolling forecasts offer a constantly updated look at future performance.

Forecasting 90

Forecasting Marketing Risk Sales 90

Jedox

JANUARY 3, 2023

Artificial intelligence is a mature technology that will increasingly support the finance organization. FP&A is evolving beyond finance to integrate information from across the enterprise and streamline the collaboration between people and technology. Artificial intelligence will increasingly support the finance organization.

Uncertainty 81

Uncertainty Forecasting Finance Data-driven 81

Smart Data Collective

SEPTEMBER 12, 2021

Using Big Data to Create a Well Executed Investing Strategy. You can use data analytics tools to forecast future expenses and assess the probability of various costly events (such as your car breaking down based on its age and model), so you can create an emergency fund that addresses these risks.

Data-driven 81

Data-driven Strategy Big Data Cost-Benefit 81

Jedox

JANUARY 13, 2023

Now finance teams are looking for more efficient and flexible planning that encourages a “total company mindset,” according to the Gartner 2022 Critical Capabilities for Financial Planning Software report. 1 As planning solutions evolve to meet this demand, finance leaders must consider which capabilities best fit their organization’s needs.

Software 52

Software Finance Forecasting Data Lake 52

CIO Business Intelligence

JUNE 22, 2023

And as the demand for tech talent grows in industries beyond tech, salaries are on the rise in fields such as consulting, finance, hospitality, and more. Finance The demand for tech workers in the finance industry has only continued to grow as financial services have moved online.

IT 121

IT Insurance Recreation/Entertainment Consulting 121

Smart Data Collective

FEBRUARY 20, 2022

If you are running a business that has not yet adapted a data strategy, you should keep reading. A report last July found that 30% of companies have a formal data strategy. One study actually found that companies with a data strategy had 84% higher revenue and 66% higher profits. Make the Best Investments to Drive Growth.

Big Data 112

Big Data Management Finance Data-driven 112

Jedox

DECEMBER 28, 2021

In other words, the Office of Finance will increase its collaboration with rest of the enterprise through new tools and more efficient processes that allow for better cross-departmental data management. When a measurable change occurs, Finance requires the ability to respond immediately. Collaboration. Data Unification.

Digital Transformation 95

Digital Transformation Finance Machine Learning Forecasting 95

IBM Big Data Hub

APRIL 25, 2024

A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks. As a result of this transformation, FOA is projected to double their customer base in just three years.

Cost-Benefit 54

Cost-Benefit Finance Optimization Key Performance Indicator 54

Jet Global

APRIL 9, 2023

Plagued by supply chain disruptions and price inflation, finance teams are at the forefront of organizational efforts to strategize and remain agile in changing circumstances. Now more than ever, organizational leadership is looking to the Office of the CFO to be a strategic partner in building an overall business strategy.

Finance 52

Finance Forecasting Predictive Analytics Data-driven 52

Jedox

MARCH 13, 2019

As long as there have been Sales and Finance functions at organizations (which is a long way of saying “forever”), there has been a natural and real tension between the two groups. I’m sure we have all heard at some point in our careers, “That’s not our number, that’s Finance’s” or vice versa.

Sales 40

Sales Strategy Management Forecasting 40

Jet Global

FEBRUARY 10, 2021

With the turn of the new year and many organizations now knee deep in their own year-ends, it’s possible that tax and finance departments are once again grappling with last-minute transfer pricing adjustments. The result is a year-end scramble once all the finance numbers are finalized.

Finance 98

Finance Uncertainty Forecasting Software 98

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 124

IT Strategy Digital Transformation Risk Management 124

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

Jet Global

MAY 28, 2020

Here are five strategies to consider as you look to the future. CFOs should develop their organization’s forecasting and analysis capabilities to support this practice, whether it takes place as a formal exercise at an annual offsite or informally at strategic reviews. Expect the Unexpected.

Strategy 52

Strategy Cost-Benefit Reporting Forecasting 52

Jet Global

JUNE 22, 2023

They believe in the digital finance transformation, and their posts focus on embracing change. This strategy will help cut costs and give you a competitive edge against your rivals. Deloitte CFO Articles & Insights Link: [link] Anyone in finance should know about Deloitte. They are one of the “Big Four” accounting firms.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

JANUARY 12, 2023

Heading into 2020, there were plenty of predictions about the year ahead (not to mention detailed business plans, economic forecasts, scheduled events, and so on)—and all were rendered worthless by the pandemic. The days of the PMO being an administrative finance function are numbered, if they’re not already past.

Digital Transformation 117

Digital Transformation Interactive Forecasting Software 117

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. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

Smart Data Collective

JULY 26, 2023

Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, companies with data strategies are far more successful than those without. Without it, you’ll have difficulties managing your finances or knowing where your money is going.

Data-driven 74

Data-driven Management Sales Big Data 74

Smarten

SEPTEMBER 28, 2022

Your business, like every other business in the world, has its own industry, domain and vertical concerns, and these concerns drive your competitive strategy, your products and your services. Plan and forecast accurately.’. Plan and forecast accurately. Customer Churn. Demand Planning. Product/Service Cross-Selling.

Predictive Analytics 52

Predictive Analytics Analytics Predictive Modeling Forecasting 52

Jedox

JUNE 25, 2020

However, the changed, driver-based approach requires not only close collaboration between the finance department and the specialist departments, but also clean and correctly linked data and a tool suitable for management that can be used without programming knowledge. Companies invest a lot of time and resources in their business planning.

Technology 93

Technology Finance Cost-Benefit Forecasting 93

IBM Big Data Hub

JULY 5, 2023

Cloud cost optimization combines strategies, techniques, best practices and tools to help reduce cloud costs, find the most cost-effective way to run your applications in the cloud environment, and maximize business value. Here are some general strategies to use: Take advantage of reserved instances (RIS).

Optimization 71

Optimization Forecasting ROI Metrics 71

Smart Data Collective

MARCH 27, 2023

While AI can have huge implications for large financial institutions, it is also changing the financial strategy for small businesses as well. 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.

Software 88

Software Finance Cost-Benefit Data-driven 88

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 134

Modeling Finance Uncertainty Data mining 134