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The budget and forecast should reflect the Company’s plans, visions, expectations and educated guesses on the market trends. For finance leaders, Gen AI can help in cash flow projections, impact analysis for tax strategies, forecast outcomes for mergers and acquisitions and even various scenarios of capital planning.
Regardless of the product or services offered, every business produces data—an invaluable asset that allows a business to better understand itself and make informed decisions. The terms BusinessAnalytics and Business Intelligence (BI) are often incorrectly conflated. Predicting trends.
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