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The six costliest words in managing a finance department are, “We’ve always done it this way.” The record-to-report (R2R) cycle describes the process of finalizing and summarizing the financial activities of a business for a specific accounting periodtypically a month, quarter or fiscal year. It is important to note that R2R exclusively covers the activities between recording (keeping the books)...

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Topics: Office of Finance, ERP and Continuous Accounting, digital finance, Generative AI, Consolidate and Close Management, AI and Machine Learning


I recently described how business data catalogs are evolving into data intelligence catalogs. These catalogs combine technical and business metadata and data governance capabilities with knowledge graph functionality to deliver a holistic, business-level view of data production and consumption. The concept of the knowledge graph has been part of the data sector for decades, but adoption has...

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Topics: Governance, Generative AI, Data Intelligence, AI & Technologies


We live in a time of uncertainty, not unpredictability. Especially when a business finds itself on an undefined journey with an unclear destinationwhether caused by internal events or the world at largehaving plans to deal with a range of outcomes increases the odds of success. Or, at least enduring the least amount of damage. Managing an organization in uncertain times is always hard, but...

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Topics: Machine Learning, Office of Finance, Supply Chain Planning, Business Planning, Supply Chain, Enterprise Resource Planning, Artificial intelligence, digital finance, Generative AI


Domo is best known as a business intelligence (BI) and analytics software provider, thanks to its functionality for visualization, reporting, data science and embedded analytics. Additionally, as I recently explained, the company’s platform addresses a broad range of capabilities that includes data governance and security, data integration and application development, as well as the automation...

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Topics: Analytics, AI, Generative AI, Technologies


Founded as Software Development Laboratories in 1977, Oracle is a behemoth in the software industry, generating more than $50 billion in revenue in its fiscal year 2024. Originally focused solely on the relational database market, the software provider operated as Relational Systems, Inc. for several years before adopting the name Oracle in 1982. The company went public in 1986 and became one of...

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Topics: Machine Learning, Artificial intelligence, Data Platforms, Generative AI


It has been a little over a decade since the term data operations entered the analytics and data lexicon. It describes the application of agile development, DevOps and lean manufacturing by data engineering professionals in support of data production. DataOps was initially seen as antithetical to traditional data management approaches, which typically included batch-based and manual tools and...

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Topics: Governance, Machine Learning, Operations, AI, Generative AI, Data Intelligence


Natural language interfaces for business intelligence products existed long before the emergence of generative artificial intelligence. Large language models have allowed BI providers to accelerate the delivery of functionality to convert natural language questions into analytic queries and generate summarizations and recommendations from data and charts. Features that enable natural language...

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Topics: Analytics, AI, Generative AI


In a defining moment for the artificial intelligence (AI) sector, the recent breach involving Chinese company Liang Wenfeng (makers of DeepSeek AI) has shed light on the emerging cyber threats that challenge the industry. The reported incident revealed that DeepSeek AI had left its ClickHouse database accessible to the public, exposing over one million lines of log entry data. This data included...

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Topics: Digital Technology, Cybersecurity, Generative AI, DeepSeek, OpenAI


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