Category: Analytics

Fighting Bad Debts Using Advanced Analytical Solutions: The Power of Predictive Warning Systems

Part 1

Issuing an invoice is one of the best things in the world. You have done your job well and now you are on the edge of collecting the fruits of your long efforts. You only have to wait a little and all your pains will pay off – except if the payment was late…

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Big Data isn’t new – we just don’t know how to use it

I can’t remember exactly when, perhaps around the end of the 1990s, the retailers that my old company sold to started sharing their EPOS (electronic point of sale) data with us. Think of it – every day (or even more frequently) we had records of how much we had sold and in which store. How useful would it be to be able to track the sales of our products on a daily basis? 

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Lost profit: the growth problem that CFOs don’t know they have

Achieving growth is on every CFOs list of corporate goals, but many don’t know how much profit they’re actually missing out on. And because they don’t know about it, they don’t know it’s even a problem. A lot of this comes down to the way that CFOs look at financial data when it comes to advising on business decisions.

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