Predictive analytics is used by businesses all over the world to produce predictions or model forecasts that employ data analytics, automation, and machine learning to make business decisions. Data is
As you will read below, the term “financial health” means different things to different people. In general terms, the management sees simple data and proclaims that the financial position of
Enterprise performance management (EPM) is a hot topic in the business world today. Many companies are looking for ways to improve their performance, and EPM systems are seen as a
We’ve all learned what I’m about to tell you in those Intro To Business classes that you took back in high school, but the end goal of a business is
Keeping up with the influx of information from various departments can be difficult for a CFO. A finance team requires a single source of truth that provides real-time data and
The world of business runs on numbers, always has and always will. Think of the pressures upon a business owner on a day-to-day basis. The company is always striving to
Keeping track of financial metrics to monitor performance has been going on since the days of traders conducting business using the abacus. The simplest financial metric that most people used
There are a multitude of reasons that a business would need a financial overview. These reasons can vary from courting new investors for a fresh infusion of capital to figuring
Financial Consolidation is an important part of reporting a business or corporation’s financial performance in a given fiscal year. Sometimes, people get the term “financial consolidation” mixed up with “debt
what is financial forecasting? In the game of chess, you must plan several moves ahead before making any play. Financial forecasting is similar to a game of chess as It