AI agents are transforming businesses by automating complex tasks, cutting costs, and driving innovation. This article explains what AI agents are, explores practical examples across industries, discusses key benefits and challenges, and offers strategic advice on successfully implementing AI agents to gain a competitive advantage.
This article explains the shift from NFRD to CSRD and why the new regulation is a significant shift for ESG reporting in the EU. It outlines the key challenges companies face, including data management, resource allocation, and evolving regulatory standards, and examines various compliance options such as hiring external consultants and leveraging advanced software.
As ESG regulations tighten, businesses must move beyond checkbox compliance and embrace sustainability as a financial and strategic advantage. This article explores the legal and financial risks of poor ESG management, highlights real-world case studies like Outokumpu’s AI-driven sustainability strategy, and explains how AI-powered ESG reporting can help companies streamline compliance, enhance risk management, and drive operational efficiency.
Agile budgeting is transforming FP&A, enabling companies to adjust financial plans in real time. However, without reliable, well-governed data, frequent re-forecasting can lead to poor decision-making, budget overruns, and lost credibility. This article explores why speed alone isn’t enough, the financial risks of bad data in agile planning, and three key strategies to ensure budgeting agility is backed by accurate, aligned, and timely financial intelligence. By centralizing data, automating validation, and enforcing accountability, finance teams can create a fast, flexible, and financially disciplined budgeting process.
This article outlines 7 data analytics priorities tailored to small and mid-sized businesses. From effective governance to practical MLOps, each priority is designed to help organizations stay competitive and data-driven in the year ahead.
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.
Centida announces a new partnership with Aimplan, a Swedish software company specializing in planning and forecasting solutions. Aimplan enhances Power BI with writeback capabilities, creating an integrated tool for reporting, planning, budgeting, and forecasting. Discover how this collaboration can improve your financial and operational processes.
As AI adoption accelerates, finance leadership must evolve. This article explores how finance leaders can move from enforcing budgets to enabling strategic AI deployment, ensuring that investments create measurable business value.
RAG (Retrieval-Augmented Generation) is a powerful AI technique that reduces hallucinations by grounding large language models in trusted business data. Learn how RAG enhances accuracy, governance, and business impact.
AI agents are transforming businesses by automating complex tasks, cutting costs, and driving innovation. This article explains what AI agents are, explores practical examples across industries, discusses key benefits and challenges, and offers strategic advice on successfully implementing AI agents to gain a competitive advantage.