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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 2: Cloud Adoption

BizAcuity

They drive business growth in 2022 thanks to its heightened capabilities. Quick recap from the previous blog- The cloud is better than on-premises solutions for the following reasons: Cost cutting: Renting and sharing resources instead of building on your own. We also differentiated cloud adoption from cloud washing. No pun intended.

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Top 8 Machine Learning Development Companies in 2022

Smart Data Collective

That’s why partnering with ML companies is a great solution to bring the latest innovative technology and solutions into the business so that organizations improve service, anticipate the future, automate processes, increase and drive sales, reduce costs in production and prevent risk. Here are the top 8 trusted partners: 1.

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20 Best Logistics KPIs and Metric Examples for 2022 Reporting

Insight Software

Pick and Pack Costs: This logistics key performance indicator measures all costs associated with picking and packing products. Studying this metric will give the logistics managers the opportunity to find the lowest cost and most efficient processes. Operating ratio = total operating expenses/total revenue. Download Now.

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Workforce Planning Best Practices for 2022

Insight Software

Here are some best practices for strategic workforce planning in 2022: 1. Analysts need to understand both the hard costs and soft costs associated with hiring and training new employees. Company executives need HR analytics that give them a complete picture, including employer taxes, benefits, and other non-wage expenses.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Insight Software

In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. KPIs, such as net profit margin or cost of goods sold, are measured on a monthly, quarterly, or yearly basis.

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How AI Can Help FP&A Teams Achieve Greater Accuracy with Fewer Resources

Insight Software

Since the launch of ChatGPT in late 2022, the professional world has been abuzz with reactions to this game-changing technology. Additionally, AI can be expensive to implement and using it to its full potential may require specialized training. Manage new forms, dimensions, and users, without requiring technical expertise.

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Top 5 Finance Challenges of 2023

Insight Software

By streamlining complicated manual processes and making it easier for your staff to manage workloads, you’ll be able to keep costs down in the long run. In fact, there has been a decrease in the priority of task automation from 40% in 2022 to 25% in 2023. This leaves finance teams grappling with skills shortages.

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