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How to overcome the 5 key challenges of using Big Data and Analytics

Today, Big Data is the cornerstone of business strategy. Companies are no longer relying only on information generated from their ERP systems to drive strategic, financial and operational decisions, rather, they have to make use of data from other sources such as CRM systems, social media, and website clicks.
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Finance Transformation: From History Keepers to Future Story Tellers: Part 2

Part 1 of this article discussed the impact on finance and accounting professionals working in a VUCA (volatile, unstable, complex, unstable) economic environment, in terms of their ability to be able to provide timely, meaningful decision making information. It also highlighted the limitations based on a ‘rules based’ thinking mindset and an over-reliance on collecting vast amounts of data fo...
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Finance Transformation: From History Keepers to Future Story Tellers – Part 1

The traditional role of the finance function is that of ensuring accurate processing, accounting and reporting of financial transactions. However, in today’s volatile, uncertain, complex and ambiguous (VUCA) economic environment, reporting on the past is no longer enough. New advanced technologies are disrupting business models at the speed of lightning. For example, digital innovations such as ...
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Cognitive Computing And What It All Means For Accounting & Finance

Key Points From the Episode:

  • Discussion on the digital age and the fourth industrial revolution and what it means for accounting & finance.
  • Defining what cognitive computing is and how finance & accounting can benefit.
  • Review of the 5 challenges cognitive computing pose for accounting & finance and actionable ways we can overcome them.
  • Some practical tips to develop a meaningful presence on LinkedIn.
Check out our time-stamped show notes, key quotes, resources, ways and more at sitnshow.com/podcast/010.

Also available as on iTunes, Stitcher & Soundcloud.



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