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Global Finance Teams Falling Behind in Digital Transformation, According to Report from insightsoftware and Hanover Research

Jet Global

Finance teams’ top three responsibilities remain consistent with 2021 findings – financial planning and analysis was the number one area noted by respondents (64%), followed by financial modeling (57%), and budget and forecasting (47%). Several other tasks, however, are becoming more common, reflecting a gradual shift in priorities.

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Top 5 Trends Impacting Finance Teams in 2024

Jet Global

2024 is an important year for ESG initiatives as there has been an increase in mandatory ESG disclosures like the Corporate Sustainability Reporting Directive in Europe and the SEC’s proposed rule to disclose emissions and risk management practices for US-based organizations.

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Board Report Best Practices

Jet Global

These reports also provide readers with guidance as to where the company sits at present, and where the executive sees it heading in the future and via which strategies. A board report can contain many types of information including financial data, data related to key performance indicators (KPIs), and future forecasting.

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What is a Data Pipeline?

Jet Global

Here’s how a streaming data pipeline typically works: Data is ingested continuously from one or more sources, such as sensors, log files, user interactions, IoT devices, social media feeds, or other real-time data streams. By processing data as it arrives, streaming data pipelines support more dynamic and agile decision-making.