Remove Forecasting Remove Reporting Remove Testing Remove Uncertainty
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Why Rolling Forecasts Are a “Must”!

Jet Global

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. Would you put your client’s sales forecast into Facebook?

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Decision-Making in a Time of Crisis

O'Reilly on Data

But when making a decision under uncertainty about the future, two things dictate the outcome: (1) the quality of the decision and (2) chance. This essay is about how to take a more principled approach to making decisions under uncertainty and aims to provide certain conceptual and cognitive tools for how to do so, not what decisions to make.

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How to Incorporate Long-Term Forecasts Into Your Tax Reporting Toolkit

Jet Global

Many organizations already consider the potential short-term challenges to their tax positions when building forecasts. How prepared are they, though, for the different sets of risks and opportunities associated with long-term uncertainties? Balance sheet reporting (DTAs/DTLs)* – 19%. Cash tax payments – 13%.

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Certinia uses AI to accelerate finance functions for service companies

CIO Business Intelligence

Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. But it has also built similar functionality using AWS SageMaker instead of Einstein GPT, said Brown.

Finance 74
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Shared Data Reporting: Deep Excel Functionality Meets Web-Based Dashboards

Jet Global

But now more than ever, challenges from both outside and inside organizations are testing your resiliency. Inflation, economic uncertainty, and swiftly-changing regulations significantly impact finance professionals. Ultimately, this causes backlogs of requests to pile up, stretching period-end reporting from days to weeks.

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COVID-19 Data Spreads like a Virus

Juice Analytics

Here’s snapshot of a recent search: As Harry Stevens, Washington Post reporter (responsible for that amazing “flatten the curve” story ) pointed out in the round table: “ the truth is that a million cases happened weeks before the official count passed that number and so we’re not reporting on reality, but we’re reporting on the numbers. ”