Business Analysis Knowledge Share

OCTOBER 24, 2023

This article aims to provide a comprehensive overview of Data Warehousing, breaking down key concepts that every Business Analyst should know. Introduction As businesses generate and accumulate vast amounts of data, the need for efficient data management and analysis becomes paramount.

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Astera

JANUARY 18, 2024

While there’s community support for its open-source solution, Talend Open Studio, the documentation lacks depth, which makes it even more difficult for business users. Cost of the Solution Investing in Talend might not be budget-friendly for small businesses or startups as the costs quickly add up. EDIConnect for EDI management.

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Astera

MARCH 13, 2023

It’s a tough ask, but you must perform all these steps to create a unified view of your data. Fortunately, we have an enterprise-grade data management platform to solve this conundrum. SQL Anywhere is compatible with multiple platforms, including Windows, HP-UX, Mac OS, Oracle Solaris, IBM AIX, and UNIX.

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Actian

JULY 31, 2019

Primarily, Relational DataBase Management Systems (RDBMS) managed the needs of these systems and eventually evolved into data warehouses, storing and administering Online Analytical Processing (OLAP) for historical data analysis from various companies, such as Teradata, IBM, SAP, and Oracle.

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Astera

APRIL 24, 2024

Example Scenario: Data Aggregation Tools in Action This example demonstrates how data aggregation tools facilitate consolidating financial data from multiple sources into actionable financial insights. Loading: The transformed data is loaded into a central financial system.

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Insight Software

APRIL 25, 2024

This requirement includes establishing financial reporting standards, ensuring data security controls, monitoring attempted breaches, keeping track of electronic records for audits, and demonstrating compliance. Implement internal controls to monitor access to data. Establish safeguards to set timelines.

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Insight Software

NOVEMBER 2, 2021

Companies create supply chains to expedite production and reduce cost. This streamlining, maintaining, and improving the flow of goods requires a competent team to manage it. Why Should Supply Chain Management Measure KPIs? Supply chain management must closely monitor the activities of each of these sectors to ensure success.

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Insight Software

MARCH 4, 2024

Additionally, the growing appetite for real-time data insights necessitates breaking down data silos and achieving seamless integration with diverse sources. Technology teams often jump into SAP data systems expecting immediate, quantifiable ROI. Visions of cost savings and efficiency gains dance in their minds.

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Insight Software

JULY 28, 2023

Cost: Sticking to the “build” track means dealing with increasing costs over time. Buy: 10 Hidden Costs of Building Analytics With UI Components Download Now Build or Buy at a Glance A key decision on the path to your next analytics solution is whether to build or buy.

Embedded Analytics 52

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Insight Software

MAY 1, 2023

Data visualizations are no longer driving revenue: Everyone from Google to Amazon now provides low-cost or no-cost visualization tools that drive down the perceived value of data visualizations. Users are coming to expect sophisticated analytics at little or no cost. End users expect more from analytics too.

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Insight Software

APRIL 25, 2024

Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close. With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process.

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Insight Software

SEPTEMBER 1, 2023

This prevents over-provisioning and under-provisioning of resources, resulting in cost savings and improved application performance. If the training data is incomplete, biased, or not representative of the application’s user base, the predictive analytics may produce inaccurate or biased predictions.

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Insight Software

OCTOBER 4, 2021

More than ever before, business leaders recognize that top-performing organizations are driven by data. Management gurus have long been advocates of measuring, monitoring, and reporting on the numbers that matter most. To calculate this KPI, start with the cost of goods sold for a specified period (e.g.

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Insight Software

AUGUST 9, 2023

Additionally: 86% said they wanted a faster, real-time close 68% said they want a cheaper close 64% said they want an error-free close Data management and upload is just one part of the month-end close process, but it’s also the easiest to overcome with automation. Enterprise-wide impact — Reduce support and ongoing development costs.

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Insight Software

AUGUST 9, 2023

By aligning these core activities around two complementary software tools, finance teams can master the end-to-end process of planning for the future, monitoring performance, and analyzing the numbers to identify opportunities, threats, and possibilities for improvement. Important contextual discussions may be lost along the way.

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Insight Software

NOVEMBER 7, 2023

When extracting your financial and operational reporting data from a cloud ERP, your enterprise organization needs accurate, cost-efficient, user-friendly insights into that data. It provides consistency in data for reporting purposes, as you are working with snapshots of the data at a particular point in time.

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