Ventana Research Analyst Perspectives

BillingPlatform Bolsters the Rise of Subscription Services

Posted by Stephen Hurrell on Sep 22, 2021 3:00:00 AM

Subscription management and billing services help organizations offer unique benefits and enhance delivery to customers. By making services more personalized, organizations can acquire – and retain – more customers.

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Topics: Sales, Office of Finance, Continuous Planning, embedded analytics, Analytics, Business Intelligence, Business Planning, Product Information Management, Digital Commerce, Operations & Supply Chain, Enterprise Resource Planning, ERP and Continuous Accounting, natural language processing, AI and Machine Learning, revenue and lease accounting, continuous supply chain, subscription management, partner management, digital finance, Process Mining, Streaming Analytics, supplier relationship management

A Virtual Audit Enables Savings Through Efficiency

Posted by Robert Kugel on Apr 5, 2021 3:00:00 AM

The challenges of the pandemic prevented auditors from visiting client offices, which led to widespread adoption of remote audit processes. Although there are outward similarities between a remote audit and a virtual audit, they aren’t the same. A remote audit uses technology to adapt the existing audit processes to an environment where in-person interactions are impossible. A virtual audit uses technology to redefine and streamline how auditors conduct an annual audit.

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Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting, digital finance

Streamlining Spending for Savings and Control

Posted by Robert Kugel on Apr 2, 2021 3:00:00 AM

Irked by the need to account for every penny of his college expenses, poet Robert Frost penned the lines:

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Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting, digital finance

Continuous Planning is Optimized with AI and External Data

Posted by Robert Kugel on Feb 1, 2021 3:00:00 AM

In the context of planning, budgeting and benchmarking, external data includes information about the world outside an organization such as economic and market statistics, competitors and customers. Today, a comprehensive set of external data is a “nice to have” item in most organizations, but that’s likely to change. External data is necessary for useful and accurate business-focused planning and budgeting, and for performance benchmarking. It is also essential for the effective applications of artificial intelligence (AI) to these functions.

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Topics: Information Management, Business Planning, Financial Performance Management, Predictive Planning, AI and Machine Learning, digital finance