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The Shift Toward Predictive Accounting

Wed, Nov 7, 2018 @ 06:06 AM / by David Fellers posted in CEO perspective, predictive analytics, Thought Leadership, analytics

Accounting has traditionally been a backwards looking profession.  Let me be clear that I did not just call accountants backwards people, but in general their mandate has been to document, audit and verify what has already happened.

However, things are changing rapidly in the world of accounting.  As I covered in a recent blog post on The Changing Role of the CFO, there is a major shift toward broader and more forward-looking responsibilities within the Office of the CFO and the accounting profession in general. 

Some of the forces helping make these changes a reality are 

enterprise-wide integration of advanced analytics, unifying financial information in a single-source-of-truth, movement toward continuous-close processes and the rise of Machine Learning.

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Predictive Analytics and the 21st Century Shop Floor

Wed, Oct 16, 2013 @ 11:53 AM / by Ron Martinez posted in predictive analytics, manufacturing

Just finished an incredibly insightful article on how Predictive Analysis is driving new efficiencies in plant production environments.  We all know that predictive analytics adoption is accelerating.  It is no longer enough to collect, organize, and present historical data that tells us how the organization is performing relative to its goals.  While a complete and accurate picture of our products, people, and financial performance is as important as ever, it fails in its ability to tell us what is likely to happen next.  Data mining and predictive have offered us the promise of such insight, but was inaccessible to most organizations due to cost and complexity.

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KXEN Acquisition Deepens SAP Predictive Analytics and Widens to Business User

Wed, Oct 9, 2013 @ 06:25 AM / by Jennifer Cook posted in predictive analytics, predictive analysis, CRM, analytics, SAP BusinessObjects, big data, demo, KXEN

SAP doubled down on their recent foray into the predictive analytics space when they recently announced that they will acquire KXEN, a predictive analytics software vendor based in San Francisco. 

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Watch the SAP HANA Webinar on YouTube- Get the Basics

Fri, Sep 20, 2013 @ 09:41 AM / by John Froelich posted in predictive analytics, Secure-24, SAP HANA, webinar

If you happened to miss our last webinar hosted with Secure-24- that's no problem, because you can now watch it at your convenience on YouTube.

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Revolutionizing the way businesses operate in India

Wed, Sep 18, 2013 @ 11:10 PM / by Poorvi Sharma posted in predictive analytics, business intelligence, BI, SAP India

 

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e-healthcare in India

Wed, Sep 4, 2013 @ 01:00 PM / by Poorvi Sharma posted in predictive analytics, Bramasol India, data integration, ERP

Govt moves to roll out ambitious e-health plan


The health department has invited expression of interest for its ambitious e-health project, which envisages an electronic health card for all the people who seek treatment in government hospitals across the state.

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Customer Retention Solutions Give Users Insight Into Buying Trends to Stop Churn

Mon, May 13, 2013 @ 03:33 AM / by Mayur Shah posted in predictive analytics, SAPPHIRE, churn, customer retention, subscription, HANA, SAP, telecom

Customer retention solutions

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Predictive and Data Mining is the Next Wave of Analytics Democratization

Tue, Apr 9, 2013 @ 05:59 AM / by Ron Martinez posted in predictive analytics, business intelligence, Forrester, predictive analysis, dashboard, analytics, data integration, webinar, HANA, SAP, big data

predictive resized 600Ok, full disclosure up front: I am a big proponent of Data Mining and Predictive Modeling as being the next logical step in the evolution of business intelligence and decision support capabilities for the business user. So it should not be a surprise that my reaction to the recent CIO Magazine webcast on SAP’s new Predicative Analysis software solution is enthusiastic.

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