Monthly Archives: August 2017

Just like the myths about The Great Wall of China, goldfish and peanuts, many people have popular opinions about predictive analytics that just aren’t true. There are three major misconceptions many professionals have about advanced analytics: it is expensive, takes a long time to deploy, and too complex. Believing these myths can hold back your […]

Setting your budget is crucial to keep your business on track. This is a common phrase in the finance world, but it’s a lot easier said than done. How do you make decisions about your budget in the future if you don’t know how much revenue you will be bringing in? To prepare an accurate […]

Artificial Intelligence (AI) is already being used by thousands of companies around the world and is changing key business processes. Machine learning has been the most important general-purpose technology of this era. Machine learning’s ability to think for itself in a sense and learn how to perform tasks without any human interaction allows companies to […]

The idea of quoting is simple- Sales teams provide their customers or prospects with a quote based on information produced by a neutral view of costs and the markup necessary to achieve their target profit margins. However, this process is not as straight forward as it sounds. There are many different reasons why quoting can […]

A recent study by Forrester Consulting found that almost 90% of the surveyed CFOs  are prioritizing improvements to customer experience this year. The study also identified 36% of the participants’ organizations as “customer obsessed leaders.” It defined them as prioritizing customer-focused initiatives this year and having experienced increased customer acquisition, retention, and satisfaction. Consumers are […]

“If you focus your analytics on your decision, you are already ahead of most analytical practitioners.” New technologies are breaking through the finance world to help companies view their data at new levels of granulation that will provide greater insights, and ultimately leading to better strategy and decision making. However, once finance teams get their […]

A recent report from Adaptive Insights found that finance teams are spending more than half of their time on gathering data and reporting. The more data you have by no means correlates to strong reporting and forecasting because the context of the data matters. Because of this, CFOs are trying to get their teams to […]

The healthcare industry is transitioning to a value-based business model, which requires legacy health-care providers to target four goals: improved care experience, better population health, enhanced clinician satisfaction, and much lower costs. Additionally, the competition has changed. Innovative technology and retail companies with access to big data and powerful analytics are using digital connections to […]

Digitalization has completely evolved the finance world. Transitioning to digital enables finance organizations to improve efficiency and ensuring compliance, driving business performance and defining new strategies. This all sounds great… but how realistic is this? Digital transformation starts with assessing your current digital maturity, identifying gaps, and adopting best practices that truly enable finance to […]