I’ve long advocated the use of effective technology in the tax function, especially for organizations that operate in multiple jurisdictions or have complex legal structures manage direct tax provision and analysis using outdated or inappropriate tools. Our Office of Finance benchmark research reveals that most organizations use spreadsheets to manage their tax provision and analysis: Half (52%) rely solely on spreadsheets, and another 38 percent mainly use them. I recommend to corporations...
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Topics:
Big Data,
Office of Finance,
Continuous Planning,
Analytics,
Financial Performance Management,
ERP and Continuous Accounting
Price and revenue optimization (PRO) is a business discipline used to produce demand-based pricing; it applies market segmentation techniques to achieve strategic objectives such as increased profitability or greater market share. In essence, PRO enables companies to surf the demand curve using dynamic rather than fixed pricing to achieve the most desirable trade-offs between revenue volume and profit margins. The trade-off is defined by strategic factors such as the company’s market position,...
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Topics:
Big Data,
Data Science,
Sales,
Office of Finance,
Analytics,
Cloud Computing,
Sales Performance Management,
Financial Performance Management,
Price and Revenue Management,
Pricing and Promotion Management,
Sales Enablement and Execution,
ERP and Continuous Accounting