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Why it’s time to rethink financial forecasting

Phocas

The demands on finance teams are changing. As organizations face increasing uncertainty, business functions are turning to finance teams to provide more frequent, accurate forecasts to help them adapt fast.

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How scenario planning helps you take control in uncertainty

Phocas

It’s no secret the most successful, forward-thinking organizations can adapt to change fast. They have an eye on the future, plan for different scenarios, and as a result – end up miles ahead of their competitors.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing. Some of these benefits include the following.

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Blockchain: The Fall of Traditional Centralized Systems in Business & Finance

Smart Data Collective

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
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Top Three Priorities for Finance Professionals Going Forward

Jet Global

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
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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

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. Δ The post Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty appeared first on insightsoftware. trillion worldwide by 2030.

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More Than Two-Thirds of IT and Finance Professionals Waste a Day Each Week on Operational Reports, According to New insightsoftware Research

Jet Global

Surveying global decision-makers in finance, IT, and operations, results showed that 71% of IT departments are spending an entire day each week generating recurring operational reports. When analyzing the relationship between IT and Finance, 63% of IT decision makers find that finance is either very- or over-reliant on the IT department.