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Massive Data-Driven Trends Impacting Small Business Lending

Smart Data Collective

For businesses to run many of them will have to rely on banks, and other lending agencies, to give them loans. As companies need bigger loans to cover the costs of technologically improved equipment, banks will have to find ways to include tech advancements when accessing a business for a loan.

Big Data 264
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Data Analytics Improves Credit Risk Reduction Via Diversification

Smart Data Collective

Credit risk is one of the most critical hazards that banks and financial organizations face. The World Bank Blog has an entire post dedicated to this topic. For example, if a bank has diversified its loan portfolio across retail, manufacturing, and technology, a downturn in one area will not devastate the entire portfolio.

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Plan Precisely with Predictive Analytics!

ElegantJ BI

That’s why wise businesses use these techniques to plan and forecast and to understand how a change they are considering might impact their business success. Here are just a few of the ways in which you can use predictive analytics to refine your business strategy, discover opportunities and plan for the future.

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Plan Precisely with Predictive Analytics!

ElegantJ BI

That’s why wise businesses use these techniques to plan and forecast and to understand how a change they are considering might impact their business success. Here are just a few of the ways in which you can use predictive analytics to refine your business strategy, discover opportunities and plan for the future.

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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. Social media, blogging, and microblogging are all essential communication data sources. Communication Communication is the data that you generate as a person.

Big Data 284
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Ultimate List of CFO Blogs and Resources – 2023 Edition

Insight Software

Blogs Podcasts Whitepapers and Guides Tools and Calculators Webinars Sample Reports The Evolution of the CFO into the Chief Data Storyteller View Insight Now Our Favorite CFO Blogs The Venture CFO Blog Link: [link] Are you looking for blog posts for CFOs by CFOs? Then you have come to the right place.

Finance 105
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Bank Statement Extraction: Software, Benefits, and Use Cases

Astera

Bank statements contain useful financial information that can be turned into important insights. With the era of manual bank statement extraction firmly in the past, intelligent document processing (IDP) and artificial intelligence (AI) offer a better way of processing bank statements and obtaining the valuable data they contain.

Banking 52