article thumbnail

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. The Construction Products Association’s (CPA) Autumn Forecast predicts the construction market in the UK will fall by 3.9% trillion worldwide by 2030.

article thumbnail

7 Keys to Effective Planning, Budgeting, and Forecasting

Jet Global

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. That, in turn, helps leaders to plan effectively for a range of circumstances, allowing for greater flexibility to accommodate uncertainty.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Demand Planning and Forecasting: The Key to Supply Chain Challenges

Jet Global

Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting. Demand forecasting is about predicting potential spikes or troughs in demand.

article thumbnail

Oracle adds Fusion Cloud features targeted at healthcare firms

CIO Business Intelligence

Outdated financial systems and processes prevent many healthcare organizations from being able to adapt quickly to operational uncertainties, which impact their ability to manage costs, operate efficiently, and provide the best possible care,” Matthew Bradley, senior vice president of applications development at Oracle, said in a statement.

article thumbnail

Tips to Achieve Tax Agility in 2021

Jet Global

But the emergence of COVID-19 layered even more complexity on their ability to predict ETRs and to support their organizations with accurate forecasts. Read how scenario planning for tax forecasts should work in 2021. Read how top tax teams are responding to the latest global disruptions. So, what lies ahead of us in 2021?

article thumbnail

The Case for Continuous Financial Planning after Covid-19

Jet Global

Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. Furthermore, obtaining organisational consensus on a forecast can be as difficult as getting the organisation to contribute to the planning process in the first place.

article thumbnail

What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. Forecasting models. Clinical DSS. These systems help clinicians diagnose their patients.