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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 822
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Huabao sniffs out the ultimate efficiency formula

CIO

Major finance and business information, along with sales and subcontracting documents, were processed manually and offline. Capitalizing on SAP’s in-memory database, the solution is renowned for meeting the exact challenges Huabao hoped to address navigating uncertainty and refining business results.

KPI 617
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11 ways to reduce your IT costs now

CIO

And with capital scarce, “the easiest way to find dollars that can be invested is to find costs that can be reduced,” says Marc Tanowitz, a managing partner at West Monroe. In addition, engaging finance and procurement stakeholders earlier can help streamline the decision-making process, says Everest Group’s Mittal. “It

IT 868
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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

E-commerce Conversion Rate Benchmarks To better understand how your business is performing in terms of conversion rates, comparing your metrics with industry benchmarks can be helpful. Several organizations and research firms publish e-commerce conversion rate benchmarks based on industry data and trends.

Commerce 184
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Calculating ROI For Instagram/Facebook Ads

mention

Suppose you have to convince the finance department to raise the social media marketing budget. For instance, capitalizing on a trend might bring a lot of engagement. Use a starting benchmark. That’s why it’s important to have a starting benchmark in mind. Set a benchmark for your content. Source: MarketingProfs.

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Competitive Intelligence Professionals Lighting the Way for the Energy Sector

ArchIntel

Since taking on the role in November 2020, Ng has been leading the CI function at Chevron, including the gathering, analysis and reporting of financial and strategic intelligence on competitors, industry trends and benchmarks. Previously, Ng was the finance manager of the Gulf of Mexico upstream business unit.

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2024 Interest Rates Outlook and Implications for Investors

Alpha Sense BI

But following its meeting in December 2023, the Fed outlined its intention to gradually reduce the benchmark rate to 4.6% This past January, the Federal Reserve opted to maintain its current stance on interest rates, keeping them steady (between 5.25% to 5.50% as the central bank’s benchmark) at their initial meeting for the year.