John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Jet Global

MARCH 30, 2021

There are also ongoing changes within the international tax environment, including Pillar 1 and Pillar 2 of the OECD’s delayed Base Erosion and Profit Shifting (BEPS) 2.0 – initiative, and reporting associated with the potential impact of new tax laws based on changes in government leadership across the world.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

IBM Big Data Hub

MARCH 25, 2024

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. As a result, their market would shrink.

Insurance 92

Insurance Forecasting Risk Risk Management 92

Smart Data Collective

JANUARY 14, 2021

A lot of experts have talked about the benefits of using predictive analytics technology to forecast the future prices of various financial assets , especially stocks. While this obviously means that there is more risk, it also gives more informed investors a chance to beat market benchmarks.

Predictive Analytics 82

Predictive Analytics Forecasting Analytics Machine Learning 82

Jedox

OCTOBER 15, 2020

Suddenly your tried and true navigational skills and processes and the way you have always assessed risks and opportunities has been taken away from you. The world has changed so much and so quickly that it has vastly impacted our ability to forecast in the current environment.

Forecasting 57

Forecasting Modeling Technology Risk 57

Jet Global

JULY 30, 2020

In many cases, you can improve the value Excel offers your budgeting and forecasting activities just by taking time to learn some of its nuances. To that end, we’ve compiled five useful tips to help you improve your use of Excel when budgeting and forecasting for your business.

Forecasting 91

Forecasting Finance Cost-Benefit Software 91

BI-Survey

MARCH 16, 2021

Corporate planning and forecasting needs to be carried out efficiently, in shorter cycles and must be updated quickly for well-founded decision-making. Increasing dynamics demand adjustments to the corporate management process – as well as strategic planning and forecasting – to meet growing requirements.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. These observations would have spanned a distribution, which the model leveraged to make its forecasts.

Risk 59

Risk Modeling Metrics Measurement 59

Jet Global

APRIL 7, 2020

In the world of finance and accounting, CFOs are discovering the merits of finance-owned reporting tools. These real-time reporting tools are ideally suited for remote work. Some of these tools even support bidirectional data flow (for example, uploading sales forecasts or budget numbers back to an ERP system). Don’t Over-Share.

Reporting 64

Reporting Slice and Dice Finance Cost-Benefit 64

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. PODCAST: COVID 19 | Redefining Digital Enterprises. Management.

Risk Management 128

Risk Management Risk Enterprise Management 128

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. For instance, production operatives can use mobile devices to report product design concerns using natural speech.

Manufacturing 88

Manufacturing Sales Risk Management Forecasting 88

CIO Business Intelligence

NOVEMBER 8, 2023

This requires knowing the risks involved with the cloud, which include external risks and threats, as well as internal risks and threats that could not only lead to a security compromise or an embarrassing leak but may affect organizations’ overall productivity and efficiency. 8 Complexity. 8 Complexity.

Cost-Benefit 130

Cost-Benefit Risk Digital Transformation Reporting 130

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. The report projects the market will reach $38 billion by 2028, growing at a compound annual growth rate (CAGR) of about 20.4%

Predictive Analytics 141

Predictive Analytics Analytics Predictive Modeling Forecasting 141

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

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 doesn’t come with any reports out of the box. Power BI Is Highly Complex.

Finance 52

Finance Risk Reporting Software 52

Jet Global

MAY 13, 2020

Without effective record keeping, business and professional services firms run the risk of damaging hard won, trusted relationships with their clients, which can ultimately result in a loss of business and reputation. How Financial Reporting Can Help. How Data Access Facilitates KPI Reporting. Cost Management Challenges.

Business Services 59

Business Services Reporting Management Finance 59

IBM Big Data Hub

SEPTEMBER 6, 2023

Here are some budgeting factors behind the long budgeting process: Data management From historic sales reports to projected revenue charts, collecting past, present and future financial data is time-consuming. Obsolete data and financial projections A budget, at its core, is a financial forecast.

Forecasting 88

Forecasting Marketing Risk Sales 88

CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. That’s a big item on the corporate balance sheet, and it places the onus on CFOs to make sure their organizations are harnessing AI the right way. It’s a huge shift from the norm.

Finance 94

Finance Forecasting IoT Predictive Modeling 94

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 132

IT Risk Cost-Benefit Risk Management 132

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 80

Key Performance Indicator Forecasting Data Integration Sales 80

The Unofficial Google Data Science Blog

APRIL 17, 2017

by ERIC TASSONE, FARZAN ROHANI We were part of a team of data scientists in Search Infrastructure at Google that took on the task of developing robust and automatic large-scale time series forecasting for our organization. So it should come as no surprise that Google has compiled and forecast time series for a long time.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Jet Global

DECEMBER 9, 2020

You must often mark down or liquidate obsolete items, and the more inventory you have, the higher the risk of that happening. A good ERP system can go a long way toward optimizing inventory management with accurate demand forecasting, effective control over quantities and locations, and improved processes for managing inventory.

Reporting 81

Reporting Finance Sales Measurement 81

DataRobot

OCTOBER 19, 2021

Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. Traditional predictive models do not account for anomaly detection on data reporting issues (e.g., reporting backlogs).

Forecasting 98

Forecasting Predictive Modeling Optimization Testing 98

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. degrees Celsius (2.66 Global Change Research Program.

Modeling 119

Modeling Forecasting Reporting Risk 119

Jet Global

OCTOBER 27, 2020

It provides high value relative to the time and resources invested, it benefits every area of the organization, and given the right reporting tools, it is easy to put in place. What Is Exception Reporting? For example, an exception report might list all budget categories in which expenses exceeded the budgeted amount by more than 5%.

Reporting 52

Reporting Data Quality Cost-Benefit Sales 52

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient.

Optimization 79

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 79

Jet Global

APRIL 26, 2021

Consequently, most of them require businesses to provide regular financial reporting and updates concerning their performance relative to those debt agreements. What is a Debt Covenant Report? Why are Debt Covenant Reports Important for Compliance?

Reporting 52

Reporting Finance Operational Reporting Measurement 52

Jet Global

JULY 21, 2022

July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. With 63 percent of finance teams now reporting a “high level” of digitization, they have become significantly more efficient in their day-to-day tasks.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

FineReport

FEBRUARY 9, 2023

The importance of financial reporting cannot be overstated. Financial reporting also helps companies comply with legal and regulatory requirements, such as tax laws, accounting standards, and securities regulations. What Is Financial Reporting? Balance Sheet The balance sheet is one of the three major financial statements.

Reporting 40

Reporting IT Finance Enterprise 40

John Wheeler

AUGUST 17, 2021

The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services.

Risk Management 52

Risk Management Risk Forecasting Publishing 52

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. This approach meant they avoided the risk of waiting 6-12 months to get any result. It was low-risk and required minimal training.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. and even set their risk tolerance. In 2019, Netflix alone released 371 new TV shows and movies.

Risk 67

Risk ROI Modeling Metrics 67

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. will gain further momentum. There is a lack of data maturity (integrity, quality, lineage etc.)

Cost-Benefit 89

Cost-Benefit Risk Strategy Manufacturing 89

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. AI enhances operational efficiency. 5G aids customer service. 5G aids customer service. 5G aids customer service.

Predictive Analytics 143

Predictive Analytics Technology Analytics Machine Learning 143

Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Predictive Analytics for Sales Forecasting.

Predictive Analytics 41

Predictive Analytics Forecasting Sales Analytics 41

IBM Big Data Hub

NOVEMBER 29, 2023

The impact of these outcomes were most expressively reported in the Australian media via images of fish kills. Forecasts indicate that water scarcity will present a greater challenge in meeting long-term sustainability goals as the climate continues to change. As each transaction occurs, it’s put into a block.

Forecasting 80

Forecasting Marketing Testing Reporting 80

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure.

Optimization 77

Optimization Manufacturing Cost-Benefit Risk 77