How can you use big data to improve your budgeting process?
Budgeting is a crucial process for any organization, but it can also be challenging and time-consuming. How can you make your budgeting process more efficient, accurate, and flexible? One possible answer is to use big data. Big data refers to the large and complex sets of data that are generated from various sources, such as transactions, sensors, social media, and web analytics. Big data can provide valuable insights into your business performance, customer behavior, market trends, and future scenarios. In this article, we will explore how you can use big data to improve your budgeting process in four ways.
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Garima Tandon WadhwaSenior Analyst at Mastercard | Ex UBS| Ex Barclays| Ex BT| Ex AMEX
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Ankit JaiswalBuy Side Investment Professional at P3 Venture Fund (Family Office) | CA | CFA L3 Candidate | 1M+ Impressions
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Ali AmadFP&A || Investment Management || CFA (Chartered Financial Analyst) Level 3 Student || MBA-Finance