Jedox

SEPTEMBER 3, 2020

The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. Here planning technology can help with AI and predictive forecasts freeing up time in Finance to focus on high-value activities. This placed an acute spotlight on planning agility. Conclusion.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

BI-Survey

FEBRUARY 14, 2022

Overnight, the impact of uncertainty, dynamics and complexity on markets could no longer be ignored. Local events in an increasingly interconnected economy and uncertainties such as the climate crisis will continue to create high volatility and even chaos. Think beyond finance. BARC Recommendations.

Forecasting 52

Forecasting Uncertainty Measurement Software 52

Jet Global

OCTOBER 12, 2022

The result is a year-end scramble to make adjustments after finance numbers have been finalized. The tax, transfer pricing, and finance teams at many organizations operate within their own distinct silos with limited communication among them. Unfortunately, that’s simply not possible in most organizations.

Software 52

Software Finance Uncertainty Risk 52

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. In “Are Your Machine Learning Models Wrong” , Richard Harmon explores what financial institutions should do in the face of the uncertainty caused by COVID-19. Data Variety.

Insurance 93

Insurance Digital Transformation Unstructured Data Machine Learning 93

The Unofficial Google Data Science Blog

DECEMBER 4, 2019

This classification is based on the purpose, horizon, update frequency and uncertainty of the forecast. A single model may also not shed light on the uncertainty range we actually face. These characteristics of the problem drive the forecasting approaches.

Forecasting 113

Forecasting Data Science Statistics Uncertainty 113

Jet Global

MAY 5, 2020

Since the onset of the coronavirus crisis, businesses around the world are facing an unprecedented level of uncertainty. In a recent panel discussion of CFOs hosted by insightsoftware , liquidity emerged as the number one priority for C-suite finance leaders. It is often said that cash flow is the lifeblood of every business.

Management 69

Management Finance Sales Metrics 69

Jet Global

JULY 21, 2020

Analysts in the finance and accounting department need to dig deeper into the assumptions that drive sales forecasts. When we combine the principle of “dig deeper” with the second principle of “forecast frequently,” it has significant implications for the finance and accounting department. Re-Visit CapEx Decisions.

Management 64

Management Sales Forecasting Measurement 64

CIO Business Intelligence

DECEMBER 5, 2023

Economic uncertainty, increased competition, sustainability concerns, shareholder expectations, and regulatory challenges are also top of mind. In addition, engaging finance and procurement stakeholders earlier can help streamline the decision-making process, says Everest Group’s Mittal. “It But it’s not the only one.

IT 137

IT Cost-Benefit Digital Transformation ROI 137

CIO Business Intelligence

JANUARY 15, 2024

Anytime you’re starting down a pathway of change, you have to talk to people you trust, let them know what you’re working on, and then set a measuring stick,” Pyle says. CIOs who want to be fully engaged in those efficiency conversations will need to advance their accounting and finance acumen, Pyle says.

IT 131

IT Consulting Strategy Sales 131

Jedox

JUNE 4, 2020

But budgeting is a basic strategic exercise that creates significant, measurable value for your entire business. By relying on a process that only requires incremental changes regularly, finance teams are not consistently burdened with a large re-forecasting process. Smaller tweaks. The result? It’s a new way to run your business.

Forecasting 64

Forecasting Uncertainty Data Processing Finance 64

Jet Global

SEPTEMBER 10, 2020

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. One area that often goes overlooked is the value that can be achieved from the application of consolidated KPIs to measure major indicators.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

Alation

JUNE 14, 2023

Someone in finance or marketing doesn’t care about tech simplicity or that they’re using more scalable cloud based platforms,” Lavorini says. This removes uncertainty and ensures people know what is and isn’t expected of them.” 4 Lessons learned Lavorini was joined on the webinar by Matthias Nicola , Field CTO at Snowflake.

Data-driven 52

Data-driven Finance Uncertainty Digital Transformation 52

Jet Global

JANUARY 25, 2021

That’s not surprising, given the uncertainty of the current global economic climate. High–This is an ongoing issue; solving it could dramatically increase the productivity of our finance team. A lot of companies are taking a cautious approach toward technology investments in 2021. Integrated e-commerce.

Finance 98

Finance Reporting Software Sales 98

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Unlike experimentation in some other areas, LSOS experiments present a surprising challenge to statisticians — even though we operate in the realm of “big data”, the statistical uncertainty in our experiments can be substantial. We must therefore maintain statistical rigor in quantifying experimental uncertainty.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

bridgei2i

MAY 4, 2020

So the COVID-19 crisis response has hence been centrifugal, and it has varied across countries with respect to infections, control, and lockdown measures. While customer confidence also takes time to recover from rising unemployment, the economic uncertainty, and anxiousness. So the focus here is also to protect lives and livelihoods.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

The Unofficial Google Data Science Blog

JULY 22, 2020

For the first example, consider a small website that is a platform for content on personal finance. How willing your users are to engage with personal finance content depends on whether or not it’s the weekend. For this reason we don’t report uncertainty measures or statistical significance in the results of the simulation.

Experimentation 95

Experimentation Statistics Testing Strategy 95

The Unofficial Google Data Science Blog

FEBRUARY 29, 2016

The result is that experimenters can’t afford to be sloppy about quantifying uncertainty. These typically result in smaller estimation uncertainty and tighter interval estimates. And since the metric average is different in each hour of day, this is a source of variation in measuring the experimental effect.

Experimentation 40

Experimentation Metrics Statistics Measurement 40

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Jet Global

NOVEMBER 16, 2021

This, in turn, has led some governments to adopt unilateral measures as a single, centralized agreement is finalized. Finance leaders from the G-20 countries endorsed the OECD’s two pillar plan in Summer 2021, and the aim is for national leaders to give it a final blessing at an October G-20 summit in Rome. Download Now.

Advertising 97

Advertising Forecasting Uncertainty Risk 97

Jet Global

NOVEMBER 17, 2021

We also examine the uncertainties that lie ahead in international tax regimes, the power that automation and analytics will deliver to tax teams, and the outcomes of implementing tax software, which will enhance the strategic contribution that tax teams are able to make. The BEPS project includes more than 135 countries and jurisdictions.

Forecasting 52

Forecasting Cost-Benefit Digital Transformation Software 52

O'Reilly on Data

DECEMBER 9, 2019

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions. Image Source: Deepak Kanungo.

Statistics 27

Statistics Uncertainty Risk Marketing 27

CIO Business Intelligence

FEBRUARY 27, 2023

Maxim Ivanov, CEO, Aimprosoft Ivanov / Aimprosoft A month before the invasion, Aimprosoft opened a new office in Ivano-Frankivsk in Western Ukraine near the Polish boarder as a business continuity measure. For us, the uncertainty of not knowing if the staff were safe was the most difficult part. says Koalitionen CEO Amir Mofidi.

Software 86

Software Marketing Uncertainty Technology 86

Sisense

JULY 29, 2021

The ability to easily sell rooms to walk-ins and last-minute bookings, upsell current reservations, even utilize a contactless check-in/check-out system are all game-changers for hotels in this age of uncertainty, where changes to travel laws and quarantine rules can happen at any time, throwing municipalities and travel plans into disarray.

Insurance 52

Insurance Marketing Uncertainty Reporting 52

Jet Global

APRIL 8, 2021

How prepared are they, though, for the different sets of risks and opportunities associated with long-term uncertainties? For example, how well are they accounting for the long-term impacts of multiple government measures being introduced globally in response to recent crises, such as the COVID-19 pandemic? Preparing for uncertainty.

Forecasting 52

Forecasting Reporting Uncertainty Key Performance Indicator 52

Sisense

DECEMBER 13, 2021

However, in 2020 and 2021, the login frequency of users spiked across age groups around March of 2020 as people stayed home during the pandemic, but still needed to manage their finances. This insight can inform future partnerships, and reduce uncertainty about which services will be most relevant and useful.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Jet Global

FEBRUARY 2, 2023

As a result, measuring success by financials alone isn’t enough for construction and engineering professionals. Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. trillion worldwide by 2030.

Uncertainty 52

Uncertainty KPI Reporting Measurement 52

Jet Global

MAY 10, 2021

Financial reporting, operational reporting, financial planning and analysis—there’s no shortage of work for finance teams to do as organizations continue to adjust to the new economic realities that the pandemic thrust upon the world stage in 2020. As organizational priorities shift, so too do the priorities of finance teams.

Finance 98

Finance Recreation/Entertainment Reporting Uncertainty 98

Jet Global

NOVEMBER 16, 2021

A logistics key performance indicator (KPI) is a quantitative tool used by businesses to measure performance within their logistics department. Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials. Measurable: Is your metric quantifiable?

Metrics 84

Metrics Reporting Key Performance Indicator KPI 84

Jet Global

JULY 14, 2022

If you are continually juggling finances to make sure you keep enough money in the bank, your profit margins may be too slim. It can also lead you to the conclusion that you may need extra financing to expand. Cash Flows From Financing. It’s a measure of negative cash flow. Accrual Basis of Accounting. million – $1.1

Finance 52

Finance Cost-Benefit Measurement Sales 52

Jet Global

FEBRUARY 5, 2024

Top Reasons for a Heavy Carbon Footprint From Your Supply Chain Keeping supply chains operating seamlessly in geopolitical and economic uncertainty is not a new challenge for global manufacturers, though it may feel like supply chain turbulence has become the new normal.

Optimization 52

Optimization Operational Reporting Manufacturing Reporting 52

Jet Global

OCTOBER 14, 2022

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Break Down Finance Silos with a Single Version of Truth.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

OCTOBER 4, 2021

Management gurus have long been advocates of measuring, monitoring, and reporting on the numbers that matter most. You measure it using three common financial metrics, namely, days of inventory (DOI), days of payables (DOP), and days sales outstanding (DSO). Add DOI and DOP, then subtract DSO to arrive at cash to cash cycle time.

Management 96

Management KPI Metrics Recreation/Entertainment 96

Jet Global

NOVEMBER 10, 2021

It began with the arrival on scene of a pandemic, but has since been followed by ongoing supply chain uncertainty, price volatility, and disruption to the workforce. Change is inevitable, and budgeting methodologies that can easily accommodate variability can be an asset during times of particular uncertainty.

Enterprise 52

Enterprise Recreation/Entertainment Finance Reporting 52

Jet Global

JUNE 28, 2022

With the coming rollout of the OECD’s action plan on Base Erosion and Profit Shifting (BEPS) in over 130 countries, there are big changes looming, and today’s investments in multinational tax reporting and transfer pricing software will pay big dividends as finance teams step up to meet the challenge of shifting to the new paradigm.

Software 52

Software Forecasting Reporting Finance 52

Jet Global

JUNE 10, 2022

It’s critical, therefore, that corporate finance teams get ahead of the challenge by familiarizing themselves with BEPS compliance and putting good tax reporting solutions in place now that will put them on the right track for when the new rules take effect. Compliance costs are expected to be fairly significant, and uncertainty abounds.

Forecasting 52

Forecasting Reporting Finance Software 52