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The AI CFO: Understanding the impact of AI on the role of CFOs

CFO Share

The integration of AI in finance operations has already transformed the way CFOs analyze data, make decisions, and navigate complex financial landscapes. Identify AI Solutions: Research and select AI solutions that align with the defined objectives and address the identified data and infrastructure requirements.

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How to put finance business partnering puzzle together?

Fpanda Club

Get the basics right Advancements in automation, data practices, and innovative systems make it much easier to generate financial and non-financial insights. This is supposed to enable finance professionals to devote more time to interpreting and analyzing data, offering meaningful insights that contribute to better decision-making.

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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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Finding the Patterns in Big Data

The Finance Weekly

One of the most powerful ways to defend against competitors and shine amongst your peers is to discover that one gem of data that drives action. In technical terms, it’s the art and science of mining your data to find key patterns. 2 Clean Up Your Data The quality of your data analysis is only as good as the data you've collected.

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Report the Future: The Role of Automation in Financial Reporting

Centage

And fortunately, modern technology is resulting in a data flood that enables companies to predict more than ever before. By collecting and analyzing data from various parts of the organization, companies can generate reports that provide data-driven answers to all the questions plaguing them.

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How to Overcome the Difficulty of Managing Financial Strategies in Excel for Businesses

Centage

When you choose more advanced software, you can ideally spend time analyzing data and making plans based on the results rather than inputting the data, updating it, or correcting errors. Some organizations that only need to track a few statistics may be able to use a spreadsheet efficiently.

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How to Create a Flexible, Agile FP&A Function

Centage

For truly effective forecasting, businesses and financial departments need to find new ways of assembling and analyzing data. Unfortunately, many companies are still using spreadsheets and other less-efficient manual tools for planning.