Viewpoints

Better Insights with External Data

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint External data can be valuable to many organizations for a variety of reasons. It can be used by planning and operations teams to benchmark an organization’s financial or operational performance. It can enrich the data an organization collects and analyzes about its customers, prospects and partners. It can augment machine learning analyses to produce more accurate models. For... Read More

Topics: Big Data

Three Key Planning Deficiencies Impeding Successful Decision Making

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint Any crisis, whether worldwide or impacting a single organization, tests an executive team’s ability to seize a fleeting opportunity, address an existential problem or mitigate future risks. Global turmoil highlights the need for the financial planning and analysis (FP&A) group to quickly deliver action-oriented advice and analysis that enables executives and managers to... Read More

Topics: Office of Finance

Plan for Business Continuity, Sustainability and Success

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint In times of rapidly changing business conditions, organizations must adapt with agility to ensure business continuity and success. The ability to move through rapid planning, budgeting and review cycles with tools that facilitate collaborative work are of specific importance. Of course these capabilities are valuable in steady-state conditions, but they will generate additional... Read More

Topics: Office of Finance

Scalability and Flexibility Critical to the Modern Data Warehouse

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint Today’s fast-paced world requires responsiveness in all types of interactions with customers, prospects, partners and employees. Organizations must be able to respond in the moment or risk missing the opportunity altogether. To do this, the systems and process an organization has in place must be agile enough to deal with the constant changes it faces. And, with the volumes of... Read More

Topics: Big Data

The New Demands of Total Compensation Management

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint Key success drivers for organizations have changed in recent years. While workforce productivity, innovation, cost management and efficient processes will always be critical, business imperatives related to agility, enterprise-wide collaboration and transparency have also now developed into primary concerns for leadership. These themes have grown in importance largely due to... Read More

Topics: Human Capital Management

Personalizing Compensation in Smaller Organizations

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint HR leaders and compensation managers are increasingly examining the potential business benefits of personalizing total rewards components. For smaller organizations these efforts are not overly complex, but as they grow to become mid-sized with more complex and varied compensation plans and approaches, the task of scaling personalization efforts changes. This is particularly the... Read More

Topics: Human Capital Management

Insurers Use Event Stream Data to Transform Services

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint Streaming data is transforming how insurance companies provide their services. It can offer critical information needed to underwrite risks with better information, detect and prevent fraudulent claims, deliver world-class customer service and tie together disparate internal legacy systems. In the past most insurance processing systems had a transaction-oriented approach. Each... Read More

Topics: Big Data

Personalized Compensation for the Employee Experience

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint HR professionals and business leaders today have a challenging new set of workforce dynamics to deal with. They need to attract and retain talent from multiple generations with different career and compensation goals and interests. In today’s tight labor market organizations must remain talent-competitive by constantly evaluating the effectiveness of how they entice and incent... Read More

Topics: Human Capital Management

Eliminating Bottlenecks in Analytics

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint For many organizations, analytics processes are riddled with roadblocks. There are many valid reasons why these roadblocks existed in the past, and they were often based on technical limitations. Even though storage and compute capacity have increased dramatically, many of the approaches that were designed for the constraints of the past are still in place today. It’s time to... Read More

Topics: Analytics

Changing Data Patterns Are Impacting Analytics

Posted by ISG Software Research on 18 July 2022

Analyst Viewpoint Collectively, we are amid a transition from data at rest to data in motion. Large volumes of data are streaming into organizations from all sides and with increasing frequency, forcing organizations to rethink how they process data. And the changing nature of the frequency with which data informs decisions requires a corresponding change in analytic approaches. The batch... Read More

Topics: Analytics