For FP&A professionals, unstructured data – like social media posts, customer reviews, and sensor readings – offers exciting possibilities. This article critically examines whether FP&A teams should rely on unstructured data for strategic decisions, exploring both the potential benefits and the challenges of incorporating it into their work.
Not sure if your company needs to start ESG reporting in 2025? This article breaks down the criteria, including company size, industry, and regional requirements, to help you determine if mandatory ESG reporting applies to your business. Learn how to get prepared and stay compliant with the latest regulations.
XBRL is transforming ESG reporting by providing a structured, machine-readable format for disclosures. This article explores the importance of XBRL for organizations, its role in ensuring accurate sustainability reporting, and how companies can benefit from adopting it in their ESG processes.
Artificial Intelligence and Machine Learning are significantly impacting the finance industry by improving forecasting accuracy, automating routine tasks, and offering deep predictive insights. This article examines the foundational concepts of AI and ML in finance, explores their transformative impact on financial planning and analysis (FP&A), and discusses the challenges of integrating these technologies.
AI and Machine Learning are transforming procurement, enabling Chief Procurement Officers (CPOs) to optimize processes, reduce costs, and manage risks effectively. This article explores their impact on procurement, discusses integration challenges, and outlines strategies for successful adoption, focusing on leveraging Microsoft Power BI.
Traditional planning processes are no longer sufficient. At Centida, we help organizations modernize their financial planning by leveraging Power BI and writeback solutions. Learn why now is the time to move from manual to modern planning.
In the complex world of ESG reporting, understanding materiality is crucial. This article unpacks the concepts of financial and double materiality, explaining when and how to use them to align your business with sustainability goals. Whether you’re new to ESG or refining your strategy, this guide will help you identify what truly matters.
In this article, we explore how familiar tools like Excel and Power BI, when enhanced with deFacto Power Planning, can provide a practical and efficient solution for ESG reporting. Whether you’re a small company just starting out or a large enterprise with complex reporting needs, this approach allows you to meet the rigorous demands of ESG reporting while leveraging tools you already know and trust.
Selecting the right ESG reporting tool is crucial for meeting sustainability goals. This article provides a quick overview of popular tools like Workiva, Diligent, Sphera Solutions, and Greenstone+.
While Power BI excels in data visualization, financial reporting and planning can be challenging. Explore how deFacto Power Planning enhances Power BI’s capabilities, turning it into a comprehensive financial solution with Centida’s expertise.
Explore why Power BI, enhanced with writeback capabilities, is a perfect choice for complex financial planning and analysis (FP&A). Understand the strengths of Power BI, the benefits of integrating writeback, and how Aimplan’s seamless integration can elevate your FP&A processes. For companies seeking greater efficiency and accuracy in their financial operations, this combination offers a strategic advantage.
As European regulations tighten, ESG reporting is becoming essential for businesses to stay compliant and competitive. This article explores the importance of ESG reporting, key regulations such as the CSRD and SFDR, and how Centida can support your company’s sustainability efforts. Start your ESG reporting journey now to enhance your corporate reputation and secure a sustainable future.
Excel has long been a staple in the finance industry, but it falls short for complex FP&A processes. Discover why Power BI, especially when integrated with Aimplan’s writeback capabilities, is a superior choice for financial planning and analysis. Learn about the strengths and limitations of Excel and how Power BI addresses these challenges, offering scalability, real-time data, collaborative analytics, and rich visualizations.
Gartner’s top technology trends for 2024 emphasize the critical role of data analytics and data engineering in driving innovation. This article explores these trends, highlighting their impact on various industries and how Centida’s comprehensive data services align with these emerging technologies to enhance decision-making and sustainable success.
In the realm of finance and business management, four key processes are crucial for ensuring organizational success: reporting, planning, budgeting, and forecasting. This article explores each process’s role, focus, and management, and how tools like Aimplan and Power BI can enhance their efficiency and reliability.
XBRL is transforming ESG reporting by providing a structured, machine-readable format for disclosures. This article explores the importance of XBRL for organizations, its role in ensuring accurate sustainability reporting, and how companies can benefit from adopting it in their ESG processes.
Artificial Intelligence and Machine Learning are significantly impacting the finance industry by improving forecasting accuracy, automating routine tasks, and offering deep predictive insights. This article examines the foundational concepts of AI and ML in finance, explores their transformative impact on financial planning and analysis (FP&A), and discusses the challenges of integrating these technologies.
AI and Machine Learning are transforming procurement, enabling Chief Procurement Officers (CPOs) to optimize processes, reduce costs, and manage risks effectively. This article explores their impact on procurement, discusses integration challenges, and outlines strategies for successful adoption, focusing on leveraging Microsoft Power BI.