Remove Finance Remove Metrics Remove Reporting Remove Uncertainty
article thumbnail

You Can’t Regulate What You Don’t Understand

O'Reilly on Data

If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. If every company had a different way of reporting its finances, it would be impossible to regulate them. This is unacceptable. So too with AI safety.

Metrics 285
article thumbnail

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. But there’s a balance to be struck.

Finance 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

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
article thumbnail

Lack of Time for Analysis, Adoption of New Technology and Data Limitations are Top Challenges Facing Finance Teams, According to insightsoftware Survey

Jet Global

. – 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
article thumbnail

How to Ensure Single Source of Truth Reporting for PeopleSoft

Jet Global

Single source of truth reporting is exactly what it sounds like: reporting based on a shared repository of facts that includes all information relevant to every user. It’s the ideal approach to reporting, but it’s rarer than people realize. PeopleSoft users are an excellent example. Here’s how.

article thumbnail

Top Five Financial KPIs for Utilities Industry

Jet Global

Utility companies will need to report and monitor their KPIs obsessively to understand how these new approaches to energy are positively and negatively affecting their financial performance. COVID-19 introduces another level of uncertainty. How much debt compared with equity does the company rely on to finance operations?

article thumbnail

Top Five Financial KPIs for the Construction Industry

Jet Global

Now that every industry is facing a prolonged period of uncertainty, having access to accurate, up-to-date information is more critical than ever. With so much uncertainty on the horizon, everyone in the construction industry needs to be at the top of their game , especially in terms of finance and accounting. Bonding Capacity.