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Guide to Data Warehouse: Concepts, Schemas and Benefits Explained

Astera

In the digital age, a data warehouse plays a crucial role in businesses across several industries. It provides a systematic way to collect and analyze large amounts of data from multiple sources, such as marketing, sales, finance databases, and web analytics. What is a Data Warehouse?

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OLTP and OLAP: Two Sides of the Same Data Coin?

Astera

High data latency: OLAP systems have high data latency.This delay occurs because the system needs to process and aggregate the data before making it available for analysis, creating a gap between the time of data update and its availability for analysis. They have a denormalized data structure.

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What Is Ad Hoc Reporting? Your Guide To Definition, Meaning, Examples & Benefits

Data Pine

Moreover, a host of ad hoc analysis or reporting platforms boast integrated online data visualization tools to help enhance the data exploration process. This reduces the reliance on software developers or IT personnel for simple analysis and reporting. Easy to use: .

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Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

Leverage formulas for preparation and submission of required financial statements and reports. Customize and consolidate financial reports across properties, entities, and currencies, ensuring compliance and providing comprehensive financial analysis and visualization tools.

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11 Financial Model Examples & Templates for 2021

Insight Software

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling can be quite handy in a number of situations.

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Journey from Peoplesoft to ERP Cloud

Insight Software

Security and compliance demands: Maintaining robust data security, encryption, and adherence to complex regulations like GDPR poses challenges in hybrid ERP environments, necessitating meticulous compliance practices. Streamlines data governance, enhancing data accuracy and allowing efficient management of data lifecycle tasks.

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From IT Dependence to Ad Hoc Reporting: Why and How

Insight Software

Unfortunately, these tend to fall short of the mark when it comes to usability and robustness for financial reporting. They simply don’t work well for financial analysis because they lack the ability to add formulas, pivot tables, “what if” scenarios, and so on.