The use of blockchain distributed ledgers in business processes is now a common theme in many business software vendors’ presentations. The technology has a multitude of potential uses. However, presentations about the opportunities for digital transformation always leave me wondering: How is this magic going to happen? I wonder this because the details about how data flows from point A to point B via a blockchain are critically important to blockchain utility and therefore the pace of its...
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Topics:
Planning,
Predictive Analytics,
Forecast,
FP&A,
Machine Learning,
Reporting,
budget,
Budgeting,
Continuous Planning,
Analytics,
Data Management,
Cognitive Computing,
Integrated Business Planning,
AI,
forecasting,
consolidating
Ventana Research uses the term “predictive finance” to describe a forward-looking, action-oriented finance organization that places emphasis on advising its company rather than fulfilling the traditional roles of a transactions processor and reporter. Technology is driving the shift away from the traditional bean-counting role. The cumulative evolution of software advances will substantially reduce finance and accounting workloads by automating most of the mechanical, rote functions in...
Read More
Topics:
Planning,
Predictive Analytics,
Forecast,
FP&A,
Machine Learning,
Reporting,
budget,
Budgeting,
Continuous Planning,
Analytics,
Data Management,
Cognitive Computing,
Integrated Business Planning,
AI,
forecasting,
consolidating
