Artificial Intelligence – digital transformation
Artificial intelligence is more than just its exciting future forecasts. Already now, finance and sales can reap the benefits of advanced analysis, predictive forecasting scenarios and using machine learning – for the benefit of the company.
Integrated solution and digital workflow:
- Data load and extract o the municipal ERP system
- Budget catalog clarifications (P/L, demographics, amendents, technical corrections)
- The department’s reports budget proposals with numbers and comments/explecations (constructions, savings, etc.)
- Political case management, simulation and budget catalog approval
- Reporting is consolidated online in "Budget Balance" and "Digital Budget Book".
- Group finance monitors work progress through a status monitor.
Gains:
- Eliminates manual processes (Excel sheets, emails, word, PDF)
- User-driven process.
- Online consolidation
- Online Consolidation “Digital Budget Book”
- Model is 100% integrated with Excel
- Streamline budgeting process across organization
“In 2011, we were hitting the limit with our Excel model, which had become very complex. We entered into a “Master of Science” collaboration with the purpose of converting our Excel to Jedox within 3 months. Today we use Jedox in the 5th year as our group budget and reporting platform”
“Rambøll chose Jedox as a group budget and forecast solution for all 500 budget users worldwide – due to self-service, flexibility, user-friendliness and price – and for the first time ever, Rambøll has submitted its consolidated group budget on time”
”We chose a partnership with Qbit in August 2016 based on using Jedox to upgrade our Group forecasts to more automatic and modern management. We see great opportunities. We see great opportunities in the collaboration in terms of eliminating / upgrading the group’s many complex and manual spreadsheets, with the more flexible and user-friendly Jedox.”
AI in Enterprise Performance Management
It requires no experts – or for you to be one to expand budget/forecast and Enterprise Performance Management with AI. Jedox is a modern EPM software platform and comes with integrated AI recommendations to support users throughout the company.
Make Artificial Intelligence interesting for Business Intelligence and Financial Planning & Analysis
Jedox is in the process of incorporating AI (Artificial Intelligence) and functions from machine learning. Today, Jedox costumers use the flexible, cross-cutting Jedox software platform to adjust budgets, plans and forecasts between economy and operations.
Apply Artificial Intelligence - The Future of Enterprise Performance Management is dynamic
New technology in budget, forecast and analysis systems, such as machine learning and artificial intelligence, allows companies to switch from more static performance tools to the dynamic Enterprise Performance Management approach.
Automated sales budget / forecast solution with Predictive Analytics - Making AI Real
In the companies today, the role of economic control or FP&A is not only for the company’s financial insight or further decision-making, but it leads the way towards a more mature use of analysis technology – including predictive analytics for sales budget and forecasting.
What can Jedox offer?
Jedox embrace all business units to collect information’s and to support business and work processes, and at the same time, gives insight in company goals and results.
You can’t do Rolling forecast with Excel
Rikard Olsson, from Beyond Budgeting Institute, said at the FP&A conference i København, “You can’t do Rolling forecast with Excel – I am not paid by Qbit but you need a system like Jedox to do this”.
Tryg Group Forecasting
Med Jedox, er alle data og forretningsprocesser digitaliseret, så løsningen styrer kommunikationen til brugerne i forretningen, og sørger for at alt input i form af ændringer til forecast mm.
Contact us
Jedox kåret til bedst i test af BARC 2023:
Europe's largest EPM survey - Jedox leader in:
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FUNCTIONALITY
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DATAINTEGRATION
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PREDICTIVE ANALYTICS
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FORECAST
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SELF-SERVICE
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USER FREINDLY
Thousands of companies have already chosen Jedox!
We offer the opportunity to try Jedox for free – Our consultants are always ready with instructions for using the Jedox software or ready to answer any question you might have.
