Welcome to Qbit news

Here you will find the latest updates and articles within budget, forecast and business Intelligence and not least, news about Jedox. We will keep you updated with the latest Corporate Performance Management news

AIssistedTM Planning and Performance Management

The Digital Transformation is Fueled by AI The digital transformation is changing business as we know it. Data is the new currency, and companies need to continuously analyze data from multiple sources in realtime. Artifi cial Intelligence (AI) thrives on massive data and fuels the digital transformation. Thanks to the availability of aff ordable and …

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Hey Siri, What’s My Forecasted EBITDA Look Like?

Even though we have so much advanced technology surrounding us, we still cannot just ask, “Hey Siri, what’s my forecasted EBITDA look like?” There are many reasons why such technology isn’t available yet—insufficient data, unstructured data and some human knowledge that is not yet transferable to machine.

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What to consider when choosing financial consolidation software

Manual financial consolidation is time consuming and labor intensive. With modern technology offering new digital solutions to automate complex processes, you can not only streamline your consolidation processes, but also accelerate them. In this blog, we’ll examine what to consider when choosing a software consolidation solution for your organization.

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Rolling Forecast vs Budgeting

Traditional calendar year budgeting has been the dominating management control system globally for decades. In recent years a process of change has started towards frameworks like forecasting, rolling forecasting or Beyond Budgeting.

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It’s the user who are the experts, isn’t it?

The challenge, however, was that the models required many manual processes. It took 6 weeks of work to collect and prepare a forecast, and at the same time it was technically difficult to show rolling forecasts – for the current year and 3 years ahead. It was often just in time Group Finance reached to deliver the forecast every quarter.

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Faxe Municipality chooses Jedox

Budget, forecast and planning solution at Faxe Municipality – “Forventet regnskab” Faxe Municipality chosses Jedox to automate and streamline the municipality’s processes and improve the ease of use of the recurring budget follow-up, which is called “Forventede regnskab” at the municipality.

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ACCA User survey

Journey to Transformation: think big, start small, deliver quickly Business & Digital Transformation is having a huge impact on the Office of the CFO. However, while enabling significant opportunities to increase Finance’s influence throughout an organisation, it also challenges CFOs and their teams to optimise key transactional processes, improve their reporting and build out key …

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