Search results
Results from the WOW.Com Content Network
Business intelligence (BI) consists of strategies, methodologies, and technologies used by enterprises for data analysis and management of business information. [1] Common functions of BI technologies include reporting, online analytical processing, analytics, dashboard development, data mining, process mining, complex event processing, business performance management, benchmarking, text ...
Throughput Accounting reports what currently happens in business functions such as operations, distribution and marketing. It does not rely solely on GAAP's financial accounting reports (that still need to be verified by external auditors) and is thus relevant to current decisions made by management that affect the business now and in the future.
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
JPMorgan has been using cashflow management software that runs on artificial intelligence — and it has reportedly slashed manual work for some of its corporate customers by almost 90%.
Financial intelligence also means being able to understand a business's financial results in context - that is, within the framework of the big picture. Factors such as the economy , the competitive environment, regulations and changing customer needs and expectations as well as new technologies all affect how the numbers are interpreted.
Examples: cash flow, sales growth, operating income, return on equity. [40] Customer: encourages the identification of measures that answer the question "What is important to our customers and stakeholders?". Examples: percent of sales from new products, on time delivery, share of important customers’ purchases, ranking by important customers.
Business intelligence software is a type of application software designed to retrieve, analyze, transform and report data for business intelligence (BI). The applications generally read data that has been previously stored, often - though not necessarily - in a data warehouse or data mart .
On average, U.S. workers with artificial intelligence skills command a wage premium of up to 25%, but some jobs can get of a boost of double that, according to PwC.