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Predictive Analytics Business Impact: Area Traditional Analysis AI Prediction Benefit Forecast Accuracy 70% 92% +22% Risk Assessment Days Minutes 99% faster Cost Prediction ±20% ±5% 75% more accurate Source: McKinsey Global Institute Implementation Strategies 1.
However, the path to cloud adoption is often fraught with concerns about operational disruptions, downtime, and the complexities of maintaining seamless business operations. According to recent FSN research , just one day of data downtime can equate to a six-figure cost for your organization.
However, it also brings unique challenges, especially for finance teams accustomed to customized reporting and high flexibility in data handling, including: Limited Customization Despite the robustness and scalability S/4HANA offers, finance teams may find themselves challenged with SAP’s complexity and limited customization options for reporting.
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