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How to Do Ad Hoc Analysis

The Finance Weekly

Do you ever find yourself digging through data, trying to answer unexpected questions on the spot? Maybe your boss asks why sales dipped last quarter, or you're trying to spot trends in customer behavior. Thats where ad hoc analysis comes inits all about finding answers quickly without waiting for a pre-built report.

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Best FP&A Software for Small Businesses

The Finance Weekly

It is simply impossible for companies of any size to keep up with the constantly growing amount of data that needs to be sorted and analyzed. Today, the average FP&A analyst , only spends 25% of their time analyzing data , while the other 75% of their valuable time is spent on activities such as collecting and cleaning the data.

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7 Best Budgeting Software for Small Businesses

The Finance Weekly

Some software can even integrate with accounting systems to further streamline financial management. These type software provides various functions like forecasting, , financial reporting , managing cash flow, and analyzing differences in planned versus actual expenses.

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

CFO Share

As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The integration of AI in finance operations has already transformed the way CFOs analyze data, make decisions, and navigate complex financial landscapes.

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3 Ways to Use Power BI To Make the Most Of Nonprofit Data

Collectiv

Additionally, the manual nature of these spreadsheets makes the process prone to human error when inputting, interpreting, and distributing data. By contrast, a tool like Power BI makes it easier (and quicker) to reliably collect, organize, and analyze data.

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Best Workforce Planning Software Tools for 2024

The Finance Weekly

Support for Related Processes - The ability to assist in processes like Incentive Compensation Management, Sales, and Performance Management. Advanced AI chatbot feature and automated storyboards for presenting data. Creates reports and dashboards, helping to compare data across departments for project and workforce planning.

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Best Workforce Planning Software Tools for 2024

The Finance Weekly

Support for Related Processes - The ability to assist in processes like Incentive Compensation Management, Sales, and Performance Management. It offers various tools for financial planning, sales predictions, workforce planning, and improving supply chain operations. Key Features: Easily analyze data from various perspectives.