Marketing based on the next best action requires effective data handling for success. For Canadian insurer, Beneva, however, silos were standing squarely in the way. With over three million customers and CA$13 billion in assets, Beneva is one of Canada’s largest financial institutions. They had over 75 years of product and customer data, but that data was isolated in various systems, databases, and customer portals.
Why turnover among chief data officers is so high and what can be done about it.
Fraud, waste, and abuse (FWA) in government is a constant, multi-billion dollar issue that challenges agency leaders at all levels and across all sectors, from healthcare to education to taxation to Social Security. The scope and scale of public spending—federal outlays alone were approximately $6.6 trillion in fiscal year 2020 according to the Congressional Budget Office—make FWA an inherently difficult problem to solve.
Thousands of enterprise ERP customers have discovered the convenience and flexibility offered by insightsoftware’s Wands products. If you’re currently running any of the Wands for SAP solutions, you should know about some recent updates to the product line that will enhance your team’s productivity, increase the options available for calendar-year reporting, and improve the underlying technology on which the Wands products are built.
Being a finance professional is stimulating and rewarding, but it comes with a set of unique challenges. The accuracy and timeliness of information is essential, yet for most organizations, the volume and complexity of financial information is growing continuously. Simply working harder doesn’t seem to solve the problem; finance professionals must work smarter, applying the right tools to get the job done quickly, efficiently, and accurately.
Artificial intelligence (AI) has been a focus for research for decades, but has only recently become truly viable. The availability and maturity of automated data collection and analysis systems is making it possible for businesses to implement AI across their entire operations to boost efficiency and agility. AI has the potential to transform operations by improving three fundamental business requirements: process automation, decision-making based on data insights, and customer interaction.
