Category: Reporting and Analytics

Big Data, Insights and Decision Making

Today, we are living through an explosion in the amount and quality of all kinds of available information. Society is facing a deluge of data and there isn’t even a slight indication that this information glut will soon be halted. The below statistics on data creation evidently highlight the fact that no one is going […]

A Proactive Approach to RPA Adoption

In order to enable their team members to focus more of their time on higher value, higher satisfaction tasks demanding high levels of flexibility, creativity, critical thinking, problem-solving, leadership and emotional intelligence rather than repetitive tasks, CFOs are increasingly turning to RPA. Short for Robotic Process Automation, RPA uses software to complete repetitive, structured, rules-based […]

Analytics and AI: Humans and Machines are Good at Different Aspects of Prediction

Mostly driven by growth in the IoT, and the widespread use of internet, social media and mobile devices to perform search, send text, email and capture images and videos, the amount of data that we are producing on a daily basis is startling. Consequently, companies are turning to data analytics and AI technologies to help […]

Finance Analytics: Using The Right Data to Generate Actionable Insights

We are living in the information age. Data is everywhere and affecting every aspect of our lives. As the use of data and analytics become pervasive, in future it will be uncommon to find an industry not capitalizing on the benefits they can provide. CFOs are increasingly leveraging data and analytics tools to optimize operational […]

Building Trust in Your Data, Insights and Decisions

Over the years, the adoption of advanced analytics and data visualization tools by enterprises in order to generate key insights that can support quality business performance decisions has considerably evolved. Nonetheless, not all investments in this arena are producing the desired outcomes. Although significant sums of money, resources and time have been channeled towards data […]

Converting Data Into Insights: The Right Technology Alone is No Guarantee of Success

The fact that technology is playing an increasingly significant role in executing many traditional finance tasks while at the same time generating greater insights that drive business performance is irrefutable. However, even though many organizations are significantly investing in advanced data and analytics technologies, majority of these investments are reportedly yielding disappointing returns. This is […]

More Data Doesn’t Always Lead to Better Decisions

Thanks to advancements in technology, our digital lives are producing expansive amounts of data on a daily basis. In addition to this enormous amount of data that is produced each day, the diversity of data types and data sources, and the speed with which data is generated, analyzed and reprocessed has increasingly become unwieldy. With […]

Migrating From On-Premise to Cloud-Based Solutions

Gartner forecasts cloud computing to be a $278 billion business by 2021, as companies increasingly adopt cloud services to realize their desired digital business outcomes. In a separate survey of 439 global financial executives, the research company found that finance is moving to the cloud much faster than expected. By 2020, 36 percent of enterprises are […]

Delivering Reliable Insights From Data Analytics

Data and analytics are becoming increasingly integral to business decisions. Organizations across all sectors are leveraging advanced real-time predictive analytics to balance intuitive decision-making and data-driven insights to monitor brand sentiment on social media, better serve their customers, streamline operations, manage risks and ultimately drive strategic performance. Traditional business intelligence reporting tools with static charts […]

A Practical Approach to Using Artificial Intelligence for CFOs – Part I

Part I Leveraging AI in the CFO Suite In their role as curator of critical information for their company, Chief Financial Officers must create processes and develop systems that filter out noise and focus only on the most important, actionable information. The plethora of data being created is growing at astronomical rates making this role […]

WordPress Themes