ISG Software Research Analyst Perspectives

FourQ Builds Confidence and Trust in Intercompany Financial Management

Posted by Robert Kugel on 23 April 2021

FourQ is an intercompany financial management (IFM) Solution-as-a-Service provider. IFM is a discipline for structuring and handling transactions within a corporation and between its legal entities, and is designed to maximize staff efficiency and accounting accuracy while optimizing tax exposure, minimizing tax leakage and ensuring consistent tax and regulatory compliance. Today, IFM is an... Read More

Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting, Revenue, robotic finance, lease and tax accounting

Avaya: Adapting and Focused on CX, CCaaS Success

Posted by Keith Dawson on 22 April 2021

Business phone systems and contact center platforms received renewed attention in 2020 as organizations acquired tools for agents working from home. That put the spotlight on vendors, like Avaya, that have feet in both worlds. Since both forms of communications technology are well-suited to the cloud, Avaya has developed its Unified Communications as a Service (UCaaS) and Contact Center as a... Read More

Topics: Customer Experience, Voice of the Customer, Contact Center, Product Information Management, Digital Commerce, Subscription Management, agent management

The Benefits of AI in HCM: Practical Advice from a HR Veteran

Posted by ISG Research on 21 April 2021

Many of us who have operated within the human resources profession or been involved in strategic initiatives aimed at placing the workforce at the center of competitive advantage (aka human capital management endeavors), thought we were at least conversational about predictive HCM tools. We were aware that industrial and organizational psychologists have, for decades, been creating skill- and... Read More

Topics: Human Capital Management, Learning Management, Workforce Management, Total Compensation Management, employee experience, candidate engagement, Continuous Payroll

Incorta Streamlines Analytics with Direct Data Access

Posted by David Menninger on 21 April 2021

The amount of data flowing into organizations is growing exponentially, creating a need to process more data more quickly than ever before. Our Data Preparation Benchmark Research shows that accessing and preparing data continues to be the most time-consuming part of making data available for analysis. This can potentially slow down the organizational functions which depend on the analysis... Read More

Topics: business intelligence, embedded analytics, Analytics, Collaboration, Data Governance, Data Preparation, Data, Information Management (IM), data lakes

Modern ERP Improves Organizational Performance

Posted by Robert Kugel on 16 April 2021

The ERP system is at the core of nearly every organization’s record keeping and business process management. Its smooth and uninterrupted functioning is essential to an organization’s accounting and finance functions. In manufacturing and distribution, ERP manages inventory and logistics. Some organizations use it to handle human resources functions like tracking workers, payroll and related... Read More

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

Dataiku Streamlines AI/ML

Posted by David Menninger on 14 April 2021

Organizations are becoming more and more data-driven and are looking for ways to accelerate the usage of artificial intelligence and machine learning (AI/ML). Developing and deploying AI/ML models can be complicated in many ways, often involving different tools and services to manage these solutions from end to end. Accessing and preparing data is the most common challenge organizations face in... Read More

Topics: business intelligence, Analytics, Collaboration, Data Governance, Data Preparation, Data, AI and Machine Learning

IBM Planning Analytics Makes Planning Easier for Business Unit Leaders

Posted by Robert Kugel on 13 April 2021

IBM Planning Analytics, formerly known as TM1, is a comprehensive planning and analytics application designed to integrate and streamline an organization’s planning processes. It can support multiple planning use cases on a single platform, including financial, headcount, sales and demand planning. The software automates enterprise-wide data collection to make it repeatable and scalable across... Read More

Topics: Office of Finance, embedded analytics, Analytics, Business Intelligence, Collaboration, Business Planning, ERP and Continuous Accounting, Predictive Planning, AI and Machine Learning

Process Mining: Improve Execution and Operations with Analytics

Posted by David Menninger on 12 April 2021

Process-mining software isn’t exactly new, but it’s also not widely known in the software technology market. The discipline has been around for at least a decade, but is generating more interest these days with both specialist vendors and major enterprise software vendors offering process-mining products and services. We assert that through 2022, 1 in 4 organizations will look to streamline their... Read More

Topics: business intelligence, Analytics, Digital Technology, AI and Machine Learning

The Experience of Digital Commerce

Posted by Stephen Hurrell on 09 April 2021

Digital commerce affects almost everyone’s lives. It is hard to remember a time when one could not sign on to a website like Amazon, order a product, pay for it and have it delivered to your front door within days, not weeks. Although catalogues have been around for a century or so, the digital-commerce revolution has changed the way we think about shopping for many of our everyday and special... Read More

Topics: Sales, Customer Experience, Analytics, Business Intelligence, Product Information Management, Price and Revenue Management, Digital Commerce, AI and Machine Learning

Trintech Speeds up Financial Close with Automation

Posted by Robert Kugel on 09 April 2021

Organizations have long sought ways to achieve a fast but “clean” (accurate) financial close. The most widely accepted benchmark is to be able to close within one business week. Organizations that close within a business week are almost always more competent in how they manage the process and therefore use resources more efficiently. Also, organizations that close their books within six days... Read More

Topics: Office of Finance, Business Planning, ERP and Continuous Accounting, robotic finance

Informatica Continues to Evolve Data Management Platform

Posted by David Menninger on 08 April 2021

Organizations are accelerating their digital transformation and looking for innovative ways to engage with customers in this new digital era of data management. The goal is to understand how to manage the growing volume of data in real time, across all sources and platforms, and use it to inform, streamline and transform internal operations. Over the years, the adoption of cloud computing has... Read More

Topics: business intelligence, embedded analytics, Analytics, Collaboration, Data Governance, Information Management, Internet of Things, Data, natural language processing, AI and Machine Learning

A Virtual Audit Enables Savings Through Efficiency

Posted by Robert Kugel on 05 April 2021

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... Read More

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

2021 Analytics and Data Value Index: Market Observations and Perspective

Posted by David Menninger on 02 April 2021

Having just completed the 2021 Ventana Research Value Index for Analytics and Data, I want to share some of my observations about how the market has advanced since our assessment two years ago. The analytics software market is quite mature and products from any of the vendors we assess can be used to effectively deliver information to help your organization improve its operations. However, it’s... Read More

Topics: Big Data, Key Performance Indictors, embedded analytics, exadata, Analytics, Business Collaboration, Business Intelligence, Collaboration, Data Preparation, Digital Technology, natural language processing, Conversational Computing, collaborative computing, mobile computing, AI and Machine Learning

Streamlining Spending for Savings and Control

Posted by Robert Kugel on 02 April 2021

Irked by the need to account for every penny of his college expenses, poet Robert Frost penned the lines: Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent. Though Frost might bristle, in our digital age, it is possible to keep track of even trivial outlays with a minimum of effort. Every cent, in fact. Historically,... Read More

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

The Value Index for Analytics and Data Classifies and Rates Vendors

Posted by David Menninger on 01 April 2021

I am happy to share insights gleaned from our latest Value Index research, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research Value Index: Analytics and Data 2021 is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect... Read More

Topics: Big Data, Analytics