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Digital transformation in Finance: Continuous Accounting is the Future of #Accounting and Modern #Finance

Digital transformation in Finance: Continuous Accounting is the Future of #Accounting and Modern #Finance | Business | Scoop.it

BlackLine automates complex, manual & repetitive accounting processes & enables companies to move beyond the legacy record-to-report process.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: finance and accounting remain manual and paper-driven. However, there are advances with robotic process automation and solutions that aim to make accounting a continuous process, not a once a month struggle. Sure looks to me like something we have done in software engineering years ago with continuous integration and deployment.

Farid Mheir's curator insight, August 31, 2018 1:09 PM

WHY IT MATTERS: finance and accounting remain manual and paper-driven. However, there are advances with robotic process automation and solutions that aim to make accounting a continuous process, not a once a month struggle. Sure looks to me like something we have done in software engineering years ago with continuous integration and deployment.

aanselmo.pina@gmail.com's curator insight, September 1, 2018 10:16 AM
pRUEBA
Marie Torossian, CPA, CGMA's curator insight, September 1, 2018 10:52 AM
How automated is your accounting process? I'm always looking for better integration of software to free up time for my staff to perform more analytics. Here's a nice read on Digital transformation in Finance and Accounting
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You'd think that we should not have to write about this in this day and age. Then again... "Digital Transformation Is Not About Technology" via @HBR

You'd think that we should not have to write about this in this day and age. Then again... "Digital Transformation Is Not About Technology" via @HBR | Business | Scoop.it

Strategy, culture, and customer experience are just as important.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: I am amazed that we need to write articles like this given all the failures in recent years. In a nutshell, there is no technology silver bullet. No matter what the salesman r marketer says, digital transformation requires you to change processes and, very often, people too. That's how profound it is. And though you can easily outsource or delegate implementation of technology or process, you cannot delegate the change management. Suck it up and do it!

Farid Mheir's curator insight, July 22, 2019 10:44 AM

WHY IT MATTERS: I am amazed that we need to write articles like this given all the failures in recent years. In a nutshell, there is no technology silver bullet. No matter what the salesman r marketer says, digital transformation requires you to change processes and, very often, people too. That's how profound it is. And though you can easily outsource or delegate implementation of technology or process, you cannot delegate the change management. Suck it up and do it!

Helen Brindel's curator insight, July 24, 2019 12:22 PM

https://www.livestocktradingcompany.com/product/holstein-cattles-for-sale/

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How to approach digital transformation: the 4-E framework from @Bosch Innovation group

How to approach digital transformation: the 4-E framework from @Bosch Innovation group | Business | Scoop.it

To support this process we have developed a comprehensive framework that combines four clusters of enablers for digital transformation (shown in the figure below). The “4E-Framework” gives companies a structured approach to analyze and build capabilities that position their business in a rapidly changing commercial environment. In practice, this framework enables companies to focus activities and resources on key strategic areas, and to measure the results.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

Farid Mheir's curator insight, November 27, 2018 1:12 PM

WHY IT MATTERS: a framework developed by IOT pioneers Bosch Innovation.

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A very simplistic flowchart shows areas where you must use #AI today - because if you don't and your competitor does, then you are in trouble

A very simplistic flowchart shows areas where you must use #AI today - because if you don't and your competitor does, then you are in trouble | Business | Scoop.it

The definition of artificial intelligence is constantly evolving, and the term often gets mangled, so we are here to help.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: use this overly simplistic flowchart then look at your internal process and determine where you should use AI. Do you have someone look at products all day long to determine faulty products? If yes, use AI. Do you have people move things around a kn own environment? If yes, use AI. Because if you don't and your competitor does, then you'll be at a disadvantage...

Farid Mheir's curator insight, November 11, 2018 6:22 PM

WHY IT MATTERS: use this overly simplistic flowchart then look at your internal process and determine where you should use AI. Do you have someone look at products all day long to determine faulty products? If yes, use AI. Do you have people move things around a kn own environment? If yes, use AI. Because if you don't and your competitor does, then you'll be at a disadvantage...

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Precious Ledgers: Why #Blockchain Is the Right Fit for #Gold and #Diamonds

Precious Ledgers: Why #Blockchain Is the Right Fit for #Gold and #Diamonds | Business | Scoop.it
Blockchain adoption in the field of precious metals.

Via Lionel Gikonyo
Vezta & Co.s insight:

"Blockchain can help the gold industry — and there’s demand for the technology"

Lionel Gikonyo's curator insight, November 3, 2018 12:11 PM

"Blockchain can help the gold industry — and there’s demand for the technology"

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Smart Cities - Transportation and Technology AT&T FutureCast

Principal guest, Di-Ann Eisnor, VP Platform and Partnership at Waze, highlights how consumers are using wireless access in their car to tap into the world around them in a whole new way. With...

Via Smart City W&W H2020
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Customer experience is everything: you can charge more for products and services when experience is great via @PWC survey HT @HenriDolino

Customer experience is everything: you can charge more for products and services when experience is great via @PWC survey HT @HenriDolino | Business | Scoop.it

Know what it takes to deliver the kind of experience that keeps customers coming back.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

Farid Mheir's curator insight, October 5, 2018 9:56 AM

WHY IT MATTERS: creating great customer experiences seems to be the next big thing in digital transformation of retail stores. This survey from PWC provides insights into expectations and benefits of providing great experiences.

Alexandre D'houndt's comment, October 11, 2018 3:31 AM
AMAZING
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How Resource Management Works in an Agile Environment

How Resource Management Works in an Agile Environment | Business | Scoop.it
Resource management can get tricky in an agile environment, but good resource management fundamentals still apply.

Via International Association of Project Managers
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Rescooped by Vezta & Co. from WHY IT MATTERS: Digital Transformation
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New service from Firefox called Monitor helps you find out if your account has been hacked #security #hacking #password

New service from Firefox called Monitor helps you find out if your account has been hacked #security #hacking #password | Business | Scoop.it

Have your accounts been leaked or stolen in a data breach? Find out at Firefox Monitor. Search our database and sign up for alerts.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: this new service will help you determine if your account has been hacked and watch for it. This is a new twist on a service I discussed before http://fmcs.digital/?s=pwned but that remains more valuable than ever today.

Farid Mheir's curator insight, September 27, 2018 2:46 PM

WHY IT MATTERS: this new service will help you determine if your account has been hacked and watch for it. This is a new twist on a service I discussed before http://fmcs.digital/?s=pwned but that remains more valuable than ever today.

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Emerging #technology #trends by @Gartner shows how fast #AI has gone from concept to useful solution

Emerging #technology #trends by @Gartner shows how fast #AI has gone from concept to useful solution | Business | Scoop.it

Cette année, Gartner classifie les tendances selon 5 catégories :

  1. L’intelligence artificielle démocratisée
  2. les écosystèmes digitalisés
  3. le biohacking
  4. les expériences immersives
  5. les infrastructures omniprésentes

Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: always good to keep an eye on the horizon, and in this case over the horizon.

Farid Mheir's curator insight, September 23, 2018 1:52 PM

WHY IT MATTERS: always good to keep an eye on the horizon, and in this case over the horizon.

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Gartner predicts workflow automation to be an essential part of #digitalTransformation - I agree and the example of employee onboarding here is striking #HR #BPMS #Automation

Gartner predicts workflow automation to be an essential part of #digitalTransformation - I agree and the example of employee onboarding here is striking #HR #BPMS #Automation | Business | Scoop.it

Business process automation for human resources using maestro. Maestro is a workflow automation solution for Drupal - automated business processes.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: workflow automation is an essential tool that too few organizations leverage within their digital transformation. Unfortunate because it can provide some very tangible benefits along with cost and error reduction. This paper provides a simple use case - employee onboarding - which unfortunately too many organizations still do manually.

Farid Mheir's curator insight, September 21, 2018 10:58 AM

WHY IT MATTERS: workflow automation is an essential tool that too few organizations leverage within their digital transformation. Unfortunate because it can provide some very tangible benefits along with cost and error reduction. This paper provides a simple use case - employee onboarding - which unfortunately too many organizations still do manually.

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Vehicle to Vehicle Communications and Connected Roadways of the Future | Energy & Commerce Committee

Vehicle to Vehicle Communications and Connected Roadways of the Future | Energy & Commerce Committee | Business | Scoop.it
Re: http://t.co/NoDm0K1MUa NHTSA's Nat Beuse says no conflict b/w V2X mandate and automated vehicles. Really? Why does Google say opposite?
Via Hussein Dia
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16 Critical Roles to Structure Your #Digital Team

16 Critical Roles to Structure Your #Digital Team | Business | Scoop.it

Many brands going through a digital transformation struggle to structure their teams. This framework can act as a guideline.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: digital requires skills and expertise that are very specific and often benefit from being organized in a center of excellence. This post presents some of those roles.

Farid Mheir's curator insight, September 6, 2018 10:46 AM

WHY IT MATTERS: digital requires skills and expertise that are very specific and often benefit from being organized in a center of excellence. This post presents some of those roles.

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Digital Center of Competence must have 3 roles for successful digital transformations: align, build and network - according to @McKinsey

Digital Center of Competence must have 3 roles for successful digital transformations: align, build and network - according to @McKinsey | Business | Scoop.it

The digital center of competence (DCoC) is responsible for setting direction and ensuring that learning is widely shared. In this structure, the competence center does not have P&L responsibilities, but it does have its own budget, and each business unit (BU) owns its own internal digital initiatives. The DCoC assumes three important functions to develop products and services, build skills across BUs, and create external networks.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: when you create a digital center of competence (which McKinsey suggests and I agree in most organizations), then you must equip it with a budget (seems obvious but rarely is) and give it a goal to DELIVER (not just strategize or think, which is often the case). This is the only way you can have the DCOC be owner of its future and the transformation that comes with it.

Farid Mheir's curator insight, September 3, 2018 5:32 PM

WHY IT MATTERS: when you create a digital center of competence (which McKinsey suggests and I agree in most organizations), then you must equip it with a budget (seems obvious but rarely is) and give it a goal to DELIVER (not just strategize or think, which is often the case). This is the only way you can have the DCOC be owner of its future and the transformation that comes with it.

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The 7 Industries Amazon Could Disrupt Next via @CBInsights #DigitalDisruption 

The 7 Industries Amazon Could Disrupt Next via @CBInsights #DigitalDisruption  | Business | Scoop.it

Since 1999, Amazon's disruptive bravado has made “getting Amazoned” a fear for executives in any sector the tech giant sets its sights on.

The 4 industries Amazon will disrupt in the next 5 years

  1. Pharmacies: Making drugs a low-margin commodity
  2. Small business lending: A direct, data-driven source of financing
  3. Online groceries: Faster delivery and better logistics
  4. Payments: Giving small merchants a cheaper option

The 3 industries Amazon could go after next

  1. Mortgages: Owning the distribution end
  2. Home & garden: Capitalizing on supply chain expertise
  3. Insurance: Bundling value into the shopping experience

Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: Amazon is scaring a lot of retailers. This report makes the case that other industries should also be scared of Amazon. Digital disruption is the name of the game

Farid Mheir's curator insight, May 31, 2019 5:00 PM

WHY IT MATTERS: Amazon is scaring a lot of retailers. This report makes the case that other industries should also be scared of Amazon. Digital disruption is the name of the game

sakande's curator insight, June 8, 2019 1:31 AM
amazing post
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Technology Roadmap for scale.ai #Canada's supply chain #AI effort #supplyChain

Technology Roadmap for scale.ai #Canada's supply chain #AI effort #supplyChain | Business | Scoop.it

In the short term, SCALE AI will adopt and scale existing supply chain (SC) solutions implemented by members to drive immediate benefits.

SCALE AI will identify SC challenges and needs, agree on core requirements and drive towards common standards and processes. Moreover, it will encourage SC/AI/digital providers to collaborate, extend existing AI-based offerings, and share data. This will result in facilitated connections between supply chain users and SC/AI/digital providers to accelerate adoption of existing solutions.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: the website provides a number of use case and examples of the use of AI in supply chain, along with a very comprehensive framework to put the pieces together.

Farid Mheir's curator insight, November 25, 2018 7:26 PM

WHY IT MATTERS: the website provides a number of use case and examples of the use of AI in supply chain, along with a very comprehensive framework to put the pieces together.

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Another great contribution by @JFGagne: A Framework + maturity model for #AI Governance that can be applied in #retail #finance to drive the #strategic planning process and govern its implementation

Another great contribution by @JFGagne: A Framework + maturity model for #AI Governance that can be applied in #retail #finance to drive the #strategic planning process and govern its implementation | Business | Scoop.it

Modern AI can figure out patterns, classify objects, make decisions and evaluate the results. It can learn and adapt to new situations using feedback loops. It’s awesome software. You don't need to pay someone to make an analysis then pay someone to create a piece of software then pay someone to validate the outcome then realize it’s not doing  what you expected then go back and tweak the software. That whole cycle can take years in large organizations, yet a properly designed process powered by artificial intelligence can do that in a matter of days. It can recode itself, roll the changes out, and verify if it’s actually moving the needle in a direction that you want — all at an accuracy and speed beyond human ability. Quite powerful. Quite threatening.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: this is quite useful framework to help guide the strategic planning process and measure its progress.

Farid Mheir's curator insight, November 3, 2018 7:24 PM

WHY IT MATTERS: this is quite useful framework to help guide the strategic planning process and measure its progress.

Antonio Lopez's curator insight, November 5, 2018 9:45 AM
Lookathis
Lenka Vural's curator insight, November 7, 2018 3:17 AM
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Billionaires Chase ‘SpaceX Moment’ for the Holy Grail of Energy - Bloomberg

Billionaires Chase ‘SpaceX Moment’ for the Holy Grail of Energy - Bloomberg | Business | Scoop.it
Jeff Bezos, Bill Gates and Peter Thiel are funneling cash into nuclear fusion projects.

Via Enzo Calamo
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How to Develop a Business Strategy

How to Develop a Business Strategy | Business | Scoop.it
September is the perfect time to start looking ahead to first quarter 2019. The fall is right time to start thinking about your business goals and then engage your team in developing a new business strategy. Winging it is NOT a strategy, yet too often business owners venture into new markets without a specific target …

Via Daniel Watson
Vezta & Co.s insight:

 

Winging it, is not a successful way, to effectively develop and grow a sustainable business. A well thought out, and well executed business strategy, can reduce many of the risks taken on by business owners attempting to grow their businesses. This article outlines a simple to follow, six step process, that anyone can use to come up with a viable business strategy to take their business forward to greater success.

CCM Consultancy's curator insight, October 16, 2018 1:56 AM

Before you start looking to the future, you should review your past.

Pavan Rastogi's curator insight, October 14, 2019 2:20 AM
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martin luther's curator insight, August 26, 8:52 AM

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In a store near you soon: robots that scan shelves to make sure everything is in the right place at the right price @Qopius #startup #FrenchTech #PRW2018

In a store near you soon: robots that scan shelves to make sure everything is in the right place at the right price @Qopius #startup #FrenchTech #PRW2018 | Business | Scoop.it

The Qube, our all-in-one artificial intelligence consists of many different engines working in harmony with each other to analyse shelf images instantaneously and extract information on product, brand, price and placement.


Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: a technical description of the technology required to make shelf scanning robots of startup Qopius a reality. Fascinating.

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Eight IoT Adoption Insights from Experts from Sensors Expo

Eight IoT Adoption Insights from Experts from Sensors Expo | Business | Scoop.it
At Sensors Expo in San Jose, two panels of experts reflected on the current state of IoT adoption and provided advice on how to overcome common challenges.

Via Judy Curtis / SIPR
Vezta & Co.s insight:

One challenge is that many companies deploying IoT PoCs give short shrift to security until they are focused on rolling it out to the production scale.  Nevertheless, interest in IoT cybersecurity is building given a growing number of hacks with an IoT component. But addressing the problem isn’t easy. 

Like IoT itself, there are few one-size-fits-all solutions when it comes to IoT security.

Judy Curtis / SIPR's curator insight, July 5, 2018 12:26 PM

One challenge is that many companies deploying IoT PoCs give short shrift to security until they are focused on rolling it out to the production scale.  Nevertheless, interest in IoT cybersecurity is building given a growing number of hacks with an IoT component. But addressing the problem isn’t easy. 

Like IoT itself, there are few one-size-fits-all solutions when it comes to IoT security.

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Smart City, Smart Construction - Constructech

Smart City, Smart Construction
Constructech
Will Big Data and analytics play a role in how cities repair potholes and improve transit systems?

Via Smart City W&W H2020
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Solved - There Is Not Enough Space Available on the Disk(s) to Complete This Operation

Solved - There Is Not Enough Space Available on the Disk(s) to Complete This Operation | Business | Scoop.it
Step-by-step on how to solve the error 'there is not enough space available on the disk(s) to complete this operation' while creating or resizing partition size is here.

Via Skylly_W
Jam Jam's comment, September 20, 2018 7:31 AM
wow
Jam Jam's comment, September 20, 2018 7:31 AM
i need that phone please..
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Machine Learning cheat sheets from @Stanford and @MIT are also being translated in multiple languages on #github #geek #AI #MachineLearning #Great

Machine Learning cheat sheets from @Stanford and @MIT are also being translated in multiple languages on #github #geek #AI #MachineLearning #Great | Business | Scoop.it
Teaching page of Shervine Amidi, Graduate Student at Stanford University.

Via Farid Mheir
Vezta & Co.s insight:

WHY IT MATTERS: machine learning is based on mathematics and computer science. Here are cheat sheets to help guide students - but in reality they are good for everybody. Also look on github for translations in multiple languages...

Farid Mheir's curator insight, September 14, 2018 4:40 AM

WHY IT MATTERS: machine learning is based on mathematics and computer science. Here are cheat sheets to help guide students - but in reality they are good for everybody. Also look on github for translations in multiple languages...

Zayn Thomas's comment, September 18, 2018 8:06 AM
thanks for precious knowledge and check out our Mobile Blogging app for students : http://www.heuroapp.com/
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Personal Kanban: Work Not Chosen | Quality Digest

Personal Kanban: Work Not Chosen | Quality Digest | Business | Scoop.it
‘What if there’s a task in my options column that just never moves?” This question comes up in almost every class we teach. And we ask, “What if that happens?”

Via International Association of Project Managers
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Empower Agile Teams with a 'Bell Curve' Approach

Empower Agile Teams with a 'Bell Curve' Approach | Business | Scoop.it
There’s no feeling better than ending a project on a high—until you notice the mountain of work looming ahead for your next project. At those times, it Agile methodology has proven to be one of the most effective delivery models for early wins. How can teams be agile without taking on too much, too fast?

Via International Association of Project Managers
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