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Predictive Analytics Use Case: Human Resource Attrition!

Elegant BI

Augmented analytics can also identify the need for training, the types of jobs that are most at risk of frequent turnover, the key skills for a particular position and the probability of advancement. Learn More: Human Resource Attrition. View the Human Resource Attrition Use Case Slide Share. Loan Approval.

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Revolutionizing Procurement: The Power of AI in Vendor Management Systems

Smart Data Collective

Vendor Management Systems (VMS) have become an indispensable tool for streamlining procurement and fostering strong vendor relationships. This article will delve into the transformative potential of AI in Vendor Management Systems, and how it’s setting the stage for a more strategic, intelligent, and efficient approach to procurement.

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Predictive Analytics Use Case: Maintenance Management!

Elegant BI

For a business that must purchase, maintain and replace equipment, it is crucial to anticipate resource requirements and plan for related expenses for hours on the job as well as the training required to maintain existing and new equipment. Learn More: Maintenance Management. Human Resource Attrition.

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Predictive Analytics Use Case: Predictive Analytics Using External Data!

Elegant BI

There is a lot of information within your enterprise, and being able to analyze that information is crucial to decision-making and to managing your business and predicting results with efficiency and accuracy. Learn More: Predictive Analytics Using External Data. Human Resource Attrition.

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Predictive Analytics Use Case: Loan Approval!

Elegant BI

To achieve consistent results, the business must have a dependable process for attracting the right clientele and reviewing, approving and managing loans. Predictive analytics can be a crucial piece of the puzzle in supporting the loan approval process and monitoring and managing loans throughout the life cycle of the contract.

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Predictive Analytics Use Case: Fraud Mitigation!

Elegant BI

The good news is that a business can more readily and effectively anticipate fraud by identifying the signs and signals that indicate a problem and creating strategies and processes to monitor and manage risk so that the incidence of fraud is significantly decreased. Learn More: Fraud Mitigation. Human Resource Attrition.

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Predictive Analytics Use Case: Marketing Optimization!

Elegant BI

Predictive analytics can help a business develop a profile for a target customer and segment, combine external and internal data like macroeconomics and competitive data, and define marketing and advertising messages and techniques for each segment to optimize the marketing budget and improve the competitive advantage. Quality Control.