The 24/7 Finance Department: How AI is Enabling Always-On Decision Making
“The best-run companies won’t wait until month-end to know how they’re doing. With AI, the financial heartbeat of an enterprise will soon can be monitored in real time.” From Cycles to Signals: The Evolution of Finance In our recent interactions with few of the CFOs during a leadership meeting, we asked them what is your […]
Data Reconciliation Challenges
Significance of Data Reconciliation in Finance and Accounting One of CFO team’s biggest responsibilities is creating a set of consolidated financial statements. Financials are the scoreboard for a company’s performance, and they need to be aggregated in a centralized place. This requires data to be pulled across multiple business lines, departments, product lines, currencies, and […]
Beyond ERP: How to leverage your investments in ERP to drive value and enable powerful financial insights
One question we often hear is that despite heavily investing in Enterprise Resource Planning (ERP) systems, we still struggle to get basic financial insights.ERPs such as SAP, Infor, Oracle, MS Dynamics have long been the backbone of enterprise operations (e.g. finance, procurement, sales). These systems are designed to transact more efficiently, integrate business processes and […]
Understanding the Lakehouse Paradigm with Midoffice Data: Part 3 – A Deep Dive into Lakehouse Architecture
In our first instalment, we journeyed through the evolution of data storage from traditional Datawarehouse to data lakes, leading to the emergence of the Lakehouse architecture. In the 2nd Instalment, we unpacked the inner workings of the Data Lakehouse architecture, exploring the architecture principles, data ingestion and data storage components of a modern Lakehouse. In […]
