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What Is Business Intelligence and How Does It Link to EPM?

Jedox Finance

It also needs to be based on insights from data. Effective decision-making must be based on data analysis, decisions (planning) and the execution and evaluation of the decisions and its impact (forecasting). Good decision making should involve more than just a good artistic sense and strong intuition. an approved budget).

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How forecast error analysis improves your FP&A process

Centage

Enhances accuracy : Minimizing errors leads to more accurate financial projections, enabling better decision-making for the finance team and leadership. Acknowledging and addressing forecast errors as you create a new annual budget or reforecast pays dividends down the road.

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HP Enterprise Chief Architect On How Hybrid IT Moves Firms Beyond Moore’s Law

PYMNTS

And then you do need that support — you need that business leadership that understands … your opportunity — [coupled with] finite resources [and] infinite time, with rewards that outweigh risk.”. “There has to be some opportunity that is either underserved or unarticulated that your ingenuity and that opportunity can conceive.

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People, Processes & Technologies: Defining the Tools for Best-in-Class FP&A

Centage

Modern FP&A professionals are charged with providing strategic, data-driven advice that helps leadership make sound decisions in the near and long-term future. Without connected data teams have limited ability to predict future performance to inform current decisions. The past 18 months have been difficult for finance teams.