CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Data engineer.

Finance 98

Finance IT Software Analytics 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Data engineer.

Finance 98

Finance IT Software Analytics 98

Jet Global

MAY 25, 2023

Wands for Oracle Tips & Tricks: Save Time with Quick and Easy Reconciliation Download Now Better Insights from More Accurate Data During the discussion, we touched on which metrics finance leaders should be focusing on and how they can inform strategic decision making. Reporting tools allow them to make more accurate predictions.

Finance 52

Finance Technology Reporting Enterprise 52

Jedox

OCTOBER 14, 2021

Ask finance and accounting professionals if they would like to do more value adding work and you’ll hear a re-sounding “YES!” This is like a chronic disease of the finance function but unlike most chronical diseases this one has a cure! Why are you in Finance? ″ we need time. ″ we need time. Time & Energy.

Finance 104

Finance Optimization Forecasting Management 104

Smart Data Collective

JANUARY 19, 2021

One of the biggest industries that has been affected has been finance. The change that seems most prevailing in terms of technological advancement is in business and finance to kickstart this revolution. The most prominent advancements being business and finance. Bitcoin has been very important for many businesses.

Finance 139

Finance Technology Insurance Uncertainty 139

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Enterprise Ready AI: Managing Governance and Risk. The hard truth is no.

Risk Management 52

Risk Management Risk Modeling Management 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 Data-driven Risk Forecasting 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 Reporting Recreation/Entertainment Enterprise 98

Dataiku

FEBRUARY 25, 2021

., who will the project benefit, how will it change their current processes and habits), the level of necessary effort, and the likelihood of success (how much risk is involved).

Finance 93

Finance Data Science Analytics Risk 93

Jet Global

DECEMBER 8, 2020

A full Power BI implementation is a large-scale project, and it carries similar risks. If you are considering using Power BI in your organization, here are some key points to keep in mind that impact project risk: 1. Power BI Without the Risk. Power BI Is Highly Complex. That’s a relatively straightforward proposition.

Finance 52

Finance Risk Analytics Data Warehouse 52

Smart Data Collective

NOVEMBER 22, 2022

Whether fiat currency always has an inflationary risk because more can always be printed. Bitcoin will never have this inherent risk attached to it. Because of this, you could be buying way too high which can expose you to a lot of unnecessary risks. The Risk to Reward Is Skewed. Limited Supply.

Risk 126

Risk Predictive Analytics Data-driven Analytics 126

Smart Data Collective

SEPTEMBER 13, 2021

Remote working has also created greater data security risks. Risk assessments. Enterprises must constantly review and address new risks and changes in protecting data. The program defines the categories of data priority from low-risk, to sensitive, to critical. million on damages caused by data breaches. Conclusion.

Risk 125

Risk Strategy Enterprise Data Collection 125

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. When having to manage corporate risk, simplicity is key.

Finance 98

Finance KPI Risk IoT 98

Cloudera

OCTOBER 20, 2021

The EU has defined a sustainable finance framework to provide guidance and oversight in the goal of becoming the first climate-neutral continent. Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts?

Risk 80

Risk Modeling Risk Management Measurement 80

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 Unstructured Data Risk Management Risk 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.

Data Transformation 52

Data Transformation Finance Enterprise Data-driven 52

Phocas

AUGUST 19, 2020

With today’s critical need for accuracy, completeness and speed in financial reporting, the finance team can’t afford to spend weeks collating data to generate reports. Your obsolete reporting software may be leaving your business exposed to a range of critical risks, and your finance team are left doing 'busy' administrative work.

Reporting 246

Reporting Data Analytics Finance IT 246

Jet Global

NOVEMBER 19, 2020

2020 brought with it a series of events that have increased volatility and risk for most businesses. Let’s look at some of the key risk categories that are often encountered by growing businesses. Credit Risk. Finance, on the other hand, focuses on cash and leverage. Revenue Concentration Risk.

Risk 98

Risk Enterprise Reporting Finance 98

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 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 Data-driven Forecasting Reporting 98

Jet Global

JULY 21, 2020

This is especially true in the world of finance, where businesses generate an overwhelming amount of data. And with automation software constantly improving, implementation in finance has never been easier. 4 Problems Automation Solves for Your Finance Team. What are the benefits of automation? Preventing errors.

Finance 88

Finance Reporting Data-driven Cost-Benefit 88

Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk. Fourth-Party Concentration Risk.

Risk 98

Risk Forecasting Reporting Finance 98

Jet Global

JULY 31, 2022

Recent global crises have permanently changed the face of finance. In the wake of these changes, the finance function has transitioned to a more forward-looking approach as well. This year, 514 respondents from North America and EMEA revealed some of the trends shaping finance and the progress being made in the journey to digitization.

Finance 52

Finance Forecasting Operational Reporting Reporting 52

Jet Global

AUGUST 12, 2022

As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.

Finance 52

Finance Reporting Enterprise Analytics 52

Smarten

APRIL 18, 2022

and analyzing this information to gain significant insights, predict future outcomes, or even ascertain risk.’. When these reports and tools are combined with the skill and knowledge of an accounting or a finance professional, the results can be profound. ., transactional data, financial data, investment analysis, etc.)

Finance 52

Finance Analytics Slice and Dice KPI 52

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 Enterprise 98

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 Analytics 52

Jet Global

DECEMBER 2, 2022

Disruption is the name of the game, and for finance leaders to stay competitive in this turbulent new era, they’ll need a clear vision for how to move forward. Cloud-compatible reporting tools will allow finance teams to shrink reporting cycles and deliver faster results. Timely Business Insights Will Be Ever More Important.

Finance 52

Finance Forecasting Analytics Reporting 52

O'Reilly on Data

OCTOBER 18, 2022

When we use AI in security applications, the risks become even more direct. As AI technologies are adopted more broadly in security and other high-risk applications, we’ll all need to know more about AI audit and risk management. applies external authoritative standards from laws, regulations, and AI risk management frameworks.

Risk Management 277

Risk Management Risk Modeling Metrics 277

Jet Global

MAY 15, 2020

This post will go over both the following explicit and implicit financial KPIs that you should be aware of, how they are calculated, and how financial reporting software can help simplify this process for your finance department: Operating Cash Flow. The Fundamental Finance KPIs and Metrics – Cash Flow. Accounts Payable Turnover.

Metrics 98

Metrics Finance Reporting KPI 98

Jedox

OCTOBER 24, 2019

Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning. Otherwise you could run the risk of missing your sales targets. This allows identification of opportunities and risks more quickly and derive more detailed recommendations for action.

Forecasting 64

Forecasting Finance Risk Sales 64

Jet Global

AUGUST 3, 2022

ESG reporting is rapidly becoming a key focus area for finance teams around the world. First, it will prepare finance teams for a situation that many see as inevitable. Δ The post Sustainability Reporting: A Modern Finance Imperative appeared first on insightsoftware. ESG stands for “environmental, social, and governance.”

Finance 52

Finance Reporting Metrics Analytics 52

Jet Global

DECEMBER 3, 2020

Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) offers robust capabilities for mid-sized businesses and large enterprises. Most finance and accounting professionals love to work in Microsoft Excel. For most people in finance, Excel is like a Swiss Army knife—applicable to virtually any task.

Finance 64

Finance Reporting Enterprise Dashboards 64

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR. Citations. [1]

Risk 99

Risk Marketing Data-driven Risk Management 99

Jen Stirrup

AUGUST 14, 2019

This is particularly evidence in relationships between Finance and IT. IT and Finance concepts are difficult for non-specialists to understand, and messages may not be received as they were intended when working across different teams. The reality is that IT and Finance need to work together for the success of the whole organization.

Business Intelligence 96

Business Intelligence Finance IT Cost-Benefit 96

DataRobot Blog

JUNE 3, 2022

AI is touching our lives and societies in ways that no other technology has before, from improving human efficiency in the Health , Finance , and Communication sectors, to allowing humans to focus on other important decision-making tasks that machines cannot yet safely or creatively tackle. When is enough ever enough? INDUSTRY ANALYST REPORT.

Risk 52

Risk Modeling Predictive Modeling Data Science 52

Jet Global

JANUARY 31, 2022

Read any overview of how the finance and accounting function is changing, and you will notice several common themes. The aim of technology in finance is to remove friction. Accountants in practice and in the finance function are part of that connected world,” the ACCA report says. Implications for Tax Teams.

Finance 52

Finance Technology Data-driven Software 52