The Ledger
Curated content foranalytical business leaders
Data Saves the Day for Retailers
March 8, 2018
Amazon has become one of the most successful retailers, mostly because they invested in data-driven technology that has given customers what they want before they even know they want it. To compete with such a large force, small retailers are focusing on their data. Consumers of all generations expect an entirely new shopping experience, one of limitless choices, fingertip access to information, convenient and seamless transactions, and transparent pricing. And if these new norms are not delivered, they will find another retailer. The more consumers search, shop, and socialize online, the more data’s role in retail decision-making will mature. To stay competitive, small retailers need to invest in strategic enablers.
Read More at The Digitialist by SAP >
Continuous Improvement in Accounts Payable
March 7, 2018
“For some companies, processing accounts payable is a time-consuming, detail-intensive function. For others, it’s a quick and easy task. But before jumping to conclusions about your company’s relative process performance, take the time to view data through multiple lenses: intra-company, intra-industry, and cross-industry. Companies that take this holistic view of process benchmarks develop a rich baseline of data to help improve their finance operations.”
The Strategic Future of FP&A
March 6, 2018
Most FP&A professionals would agree that becoming more strategic is imperative to add more value to your business. The role of FP&A enhances business outcomes through the production of quality data, information and insight. These insights then lead to more informed business decisions. The FP&A industry as a whole is evolving into a more strategic partner within the organization because there is more of a focus on improving value and three guiding principles.
Read More at CFO Tech Outlook >
Is Your Legacy System Holding You Back?
March 5, 2018
One of the essential requirements for doing business in the digital age is flexibility. We’re constantly told how the ability to adapt quickly to changing business conditions is the key to making IT relevant and valuable. It is important to help provide your organization with an IT infrastructure that supports the agility it needs to thrive in a demanding world. One answer is to make sure that your company can take advantage of the tools that enable new business processes, provide real-time visibility, and simplify the IT landscape.
Read More at The Digitalist by SAP >
