article thumbnail

How to put finance business partnering puzzle together?

Fpanda Club

Among those who rest, 20% are data overloaded because of poor data governance and several conflicting data sources, 25% can’t get the data they need and over 30% don’t possess technology, tools, or resources to exploit the data they have. Vena Industry Benchmark Report 2022. Gartner, 2018.

Finance 130
article thumbnail

Empowering Finance Teams & Easing IT Workloads: Datarails Connect's AI-Excel Fusion

The Finance Weekly

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. For IT departments, the reduction in routine support requests is a welcome change, freeing up resources for more impactful technological initiatives.

Finance 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

FP&A best practices for 2024

Centage

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Here are some more key practices that leverage technology to enhance collaboration, streamline accurate forecasting and reporting, and unlock more time for high-value strategic analysis.

article thumbnail

Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. At the same time, the economy and the workplace continue to evolve, making data-based decision-making more critical than ever.

article thumbnail

Preparing Your Finance Organization for the New Era of AI

CFO Leadership

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers. But it’s a heavy lift and it requires skill sets you may not have in-house.

article thumbnail

Differences Between Budgeting and Forecasting in Business

Spreadym

They serve as a benchmark against which actual performance is measured, and any deviations from the budget may require approval or justification. Exponential Growth Models: Exponential Growth: Suitable for data that exhibits exponential growth or decay, such as population growth or the adoption of new technologies.

article thumbnail

Operationalising finance in the cloud

Future CFO

This growth has driven technology adoption and behaviour changes across the industry trend and customers, triggering the acceleration of various shopping platforms: social commerce, e-commerce, and other forms of online shopping in Indonesia," he continued.

Finance 98