Tag: financial performance

Business Visualization and Supporting Insights

New Horizons and Limitless Opportunities:

May 23, 2024

New Horizons and Limitless Opportunities: The Digital Transformation Revolution in Accounting and Finance In a world where developments are accelerating and data is becoming a priceless asset, artificial intelligence is opening up new horizons for the accounting and finance profession and redrawing the map of work in this vital field. Challenges and Opportunities in the Age of Artificial Intelligence The field of accounting and finance is currently facing a major challenge in the face of…
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Monitoring and Managing Financial Performance

April 8, 2024

What is Business Controlling? Business controlling is a crucial function within an organization that focuses on monitoring and managing the financial performance and operations of a business. It involves analyzing data, identifying trends, and providing insights to support decision-making and improve the overall performance of the company. The Role of Business Controlling Business controlling plays a vital role in helping organizations achieve their strategic goals and objectives. It involves various activities, including: Financial Planning and…
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Analyzing Profit Factors: A Comprehensive Approach

April 8, 2024

  Introduction Profit is a crucial performance indicator for any business. Regardless of the strategy a company follows, it’s vital to understand the elements that contribute to its profit. This includes identifying the products or business units that generate the most significant positive or negative impact and determining the distribution channels that create the most value. Additionally, it’s important to identify the reasons behind changes in profit over time, such as promotional activities, new product…
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