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2024 predictions for finance: From virtual payments to business travel (part 1)

Future CFO

SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception.

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How Generative AI is Impacting the Digital Solutions Economy

Bramasol

Natural Language Processing (NLP) : NLP technologies analyze customer feedback, reviews, and social media comments to gain insights into customer sentiments and preferences, enabling companies to make data-driven improvements, gauge customer satisfaction, and identify areas for improvement.

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DSE is Increasing Data Volume, Velocity, Density and Complexity

Bramasol

Density : Because many DSE offerings involve bundling of multiple elements, such as a product purchase bundled with service contracts and/or consumables, customer accounts tend to accumulate much deeper levels of data that must be tracked and processed. Incorporate Embedded Analytics - read blog Embedded Analytics are Key to DSE Success.

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How to Find the Best FP&A Candidates for Your Team

Spreadym

Data Analysis: They use data analytics tools and techniques to extract insights from financial data, providing valuable information to support strategic decisions. This includes building pro forma financial statements, forecasting cash flows, and scenario analysis.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

The rise and challenges of ERP systems Over the past 50 years, accounting and finance professionals have embraced existing and new technology, from using the first computers to implementing and using advanced ERP (Enterprise Resource Planning) systems. These processes vary. Are there companies in this space solving this problem?

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Female finance leaders: These are the practical ways to empower women

Future CFO

The participants are: Gina McNamara , Chief Financial Officer, SAP Australia and New Zealand (ANZ). McNamara: At SAP, we have an internal mentoring group for females working in finance called Future Female Leaders, providing employees with an opportunity to be mentored by other finance professionals from offices around the world.

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