Customer Payment Trend Analysis Based on Clustering for Predicting the Financial Risk of Business Organizations

Customer Payment Trend Analysis Based on Clustering for Predicting the Financial Risk of Business Organizations PDF Author: Jeeva Jose
Publisher: Anchor Academic Publishing
ISBN: 3960671040
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
With the opening of the Indian economy, many multinational corporations are shifting their manufacturing base to India. This includes setting up green field projects or acquiring established business firms of India. The region of this business unit is expanding globally. The variety and size of the customer base is expanding and the business risk related to bad debts is increasing. Close monitoring and analysis of payment trends helps to predict customer behavior and predict the chances of customer financial strength. The present manufacturing companies generate and store tremendous amount of data. The amount of data is so huge that manual analysis of the data is difficult. This creates a great demand for data mining to extract useful information buried within these data sets. One of the major concerns that affect companies’ investments and profitability is bad debts; this can be reduced by identifying past customer behavior and reaching the suitable payment terms. The Clustering and Prediction module was implemented in WEKA – a free open source software written in Java. This study model can be extended to the development of a general purpose software package to predict payment trends of customers in any organisation.

Customer Payment Trend Analysis Based on Clustering for Predicting the Financial Risk of Business Organizations

Customer Payment Trend Analysis Based on Clustering for Predicting the Financial Risk of Business Organizations PDF Author: Jeeva Jose
Publisher: Anchor Academic Publishing
ISBN: 3960671040
Category : Business & Economics
Languages : en
Pages : 77

Get Book Here

Book Description
With the opening of the Indian economy, many multinational corporations are shifting their manufacturing base to India. This includes setting up green field projects or acquiring established business firms of India. The region of this business unit is expanding globally. The variety and size of the customer base is expanding and the business risk related to bad debts is increasing. Close monitoring and analysis of payment trends helps to predict customer behavior and predict the chances of customer financial strength. The present manufacturing companies generate and store tremendous amount of data. The amount of data is so huge that manual analysis of the data is difficult. This creates a great demand for data mining to extract useful information buried within these data sets. One of the major concerns that affect companies’ investments and profitability is bad debts; this can be reduced by identifying past customer behavior and reaching the suitable payment terms. The Clustering and Prediction module was implemented in WEKA – a free open source software written in Java. This study model can be extended to the development of a general purpose software package to predict payment trends of customers in any organisation.

Customer Payment Trend Analysis based on Clustering for Predicting the Financial Risk of Business Organizations

Customer Payment Trend Analysis based on Clustering for Predicting the Financial Risk of Business Organizations PDF Author: Jeeva Jose
Publisher: Anchor Academic Publishing
ISBN: 3960676042
Category : Computers
Languages : en
Pages : 71

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Book Description
With the opening of the Indian economy, many multinational corporations are shifting their manufacturing base to India. This includes setting up green field projects or acquiring established business firms of India. The region of this business unit is expanding globally. The variety and size of the customer base is expanding and the business risk related to bad debts is increasing. Close monitoring and analysis of payment trends helps to predict customer behavior and predict the chances of customer financial strength. The present manufacturing companies generate and store tremendous amount of data. The amount of data is so huge that manual analysis of the data is difficult. This creates a great demand for data mining to extract useful information buried within these data sets. One of the major concerns that affect companies’ investments and profitability is bad debts; this can be reduced by identifying past customer behavior and reaching the suitable payment terms. The Clustering and Prediction module was implemented in WEKA – a free open source software written in Java. This study model can be extended to the development of a general purpose software package to predict payment trends of customers in any organisation.

Business Intelligence in Economic Forecasting: Technologies and Techniques

Business Intelligence in Economic Forecasting: Technologies and Techniques PDF Author: Wang, Jue
Publisher: IGI Global
ISBN: 1615206302
Category : Computers
Languages : en
Pages : 405

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Book Description
With the rapid development of economic globalization and information technology, the field of economic forecasting continues its expeditious advancement, providing business and government with applicable technologies. This book discusses various business intelligence techniques including neural networks, support vector machine, genetic programming, clustering analysis, TEI@I, fuzzy systems, text mining, and many more. It serves as a valuable reference for professionals and researchers interested in BI technologies and their practical applications in economic forecasting, as well as policy makers in business organizations and governments.

New Trends in Banking Management

New Trends in Banking Management PDF Author: Constantin Zopounidis
Publisher: Springer Science & Business Media
ISBN: 3642574785
Category : Business & Economics
Languages : en
Pages : 309

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Book Description
During the last decades the globalization, the intensified competition and the rapid changes in the socio-economic and technological environment had a major impact on the global economic, financial and business environments. Within this environment, it is clear that banking institutions worldwide face new challenges and increasing risks, as well as increasing business potentials. The recent experience shows that achieving a sustainable development of the banking system is not only of interest to the banking institutions themselves, but it is also directly related to the development of the whole business and economic environment, both at regional and international level. The variety of new banking products that is constantly being developed to accommodate the increased customer needs (firms, organizations, individuals, etc.) provides a clear indication of the changes that the banking industry has undergone during the last two decades. The establishment of new products of innovative processes and instruments for their requires the implementation efficient management. The implementation of such processes and instruments is closely related to a variety of disciplines, advanced quantitative analysis for risk management, information technology, quality management, etc. The implementation ofthese approaches in banking management is in accordance with the finding that empirical procedures are no longer adequate to address the increasing complexity of the banking industry.

Business Analytics

Business Analytics PDF Author: Balram Krishan, Vivek Bhambri, Babita Chopra
Publisher: KHANNA PUBLISHING HOUSE
ISBN: 9382609520
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
It has been rightly said that "people who can't see the value in data mining as a concept either don't have the data or don't have data with integrity." This book has been designed as a basic text book for computer Science and management students at post Graduation and under graduation levels. it explains the technical concepts of this hot area in simple and easily understandable language. It covers the complete syllabus of MCA, B.Tech courses of Punjabi University, Punjab University, Punjab Technical University and many other major universities.

Leveraging AI and Emotional Intelligence in Contemporary Business Organizations

Leveraging AI and Emotional Intelligence in Contemporary Business Organizations PDF Author: Sharma, Dipanker
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 471

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Book Description
Organizations are facing an array of complex challenges that demand innovative solutions. From managing a diverse workforce and harnessing the power of data analytics to adapting to remote work and the pressing need for emotionally intelligent leaders, the demands on modern businesses are constantly evolving and increasing. Staying ahead of these challenges is not only essential for survival but also for thriving in an ever-changing environment. Leveraging AI and Emotional Intelligence in Contemporary Business Organizations is a compass that guides academic scholars, students, and practitioners through the turbulent seas of modern business management. It dissects the problems and offers clear, well-researched solutions. With a team of respected researchers, academicians, and professionals at the helm, this book is a beacon of knowledge, illuminating the path to success in today's business landscape.

Integration of Data Mining in Business Intelligence Systems

Integration of Data Mining in Business Intelligence Systems PDF Author: Azevedo, Ana
Publisher: IGI Global
ISBN: 1466664789
Category : Computers
Languages : en
Pages : 340

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Book Description
Uncovering and analyzing data associated with the current business environment is essential in maintaining a competitive edge. As such, making informed decisions based on this data is crucial to managers across industries. Integration of Data Mining in Business Intelligence Systems investigates the incorporation of data mining into business technologies used in the decision making process. Emphasizing cutting-edge research and relevant concepts in data discovery and analysis, this book is a comprehensive reference source for policymakers, academicians, researchers, students, technology developers, and professionals interested in the application of data mining techniques and practices in business information systems.

Proceedings of the XV International symposium Symorg 2016

Proceedings of the XV International symposium Symorg 2016 PDF Author: Ondrej Jaško
Publisher: University of Belgrade, Faculty of Organizational Sciences
ISBN: 8676803269
Category : Business & Economics
Languages : en
Pages : 1520

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Book Description


CFA Program Curriculum 2019 Level II Volumes 1-6 Box Set

CFA Program Curriculum 2019 Level II Volumes 1-6 Box Set PDF Author: CFA Institute
Publisher: John Wiley & Sons
ISBN: 1119516927
Category : Business & Economics
Languages : en
Pages : 3431

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Book Description
Master the practical aspects of the CFA Program curriculum with expert instruction for the 2019 exam The same official curricula that CFA Program candidates receive with program registration is now publicly available for purchase. CFA Program Curriculum 2019 Level II, Volumes 1-6 provides the complete Level II curriculum for the 2019 exam, with practical instruction on the Candidate Body of Knowledge (CBOK) and how it is applied, including expert guidance on incorporating concepts into practice. Level II focuses on complex analysis with an emphasis on asset valuation, and is designed to help you use investment concepts appropriately in situations analysts commonly face. Coverage includes ethical and professional standards, quantitative analysis, economics, financial reporting and analysis, corporate finance, equities, fixed income, derivatives, alternative investments, and portfolio management organized into individual study sessions with clearly defined Learning Outcome Statements. Charts, graphs, figures, diagrams, and financial statements illustrate complex concepts to facilitate retention, and practice questions with answers allow you to gauge your understanding while reinforcing important concepts. While Level I introduced you to basic foundational investment skills, Level II requires more complex techniques and a strong grasp of valuation methods. This set dives deep into practical application, explaining complex topics to help you understand and retain critical concepts and processes. Incorporate analysis skills into case evaluations Master complex calculations and quantitative techniques Understand the international standards used for valuation and analysis Gauge your skills and understanding against each Learning Outcome Statement CFA Institute promotes the highest standards of ethics, education, and professional excellence among investment professionals. The CFA Program curriculum guides you through the breadth of knowledge required to uphold these standards. The three levels of the program build on each other. Level I provides foundational knowledge and teaches the use of investment tools; Level II focuses on application of concepts and analysis, particularly in the valuation of assets; and Level III builds toward synthesis across topics with an emphasis on portfolio management.

Profit Driven Business Analytics

Profit Driven Business Analytics PDF Author: Wouter Verbeke
Publisher: John Wiley & Sons
ISBN: 1119286980
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
Maximize profit and optimize decisions with advanced business analytics Profit-Driven Business Analytics provides actionable guidance on optimizing the use of data to add value and drive better business. Combining theoretical and technical insights into daily operations and long-term strategy, this book acts as a development manual for practitioners seeking to conceive, develop, and manage advanced analytical models. Detailed discussion delves into the wide range of analytical approaches and modeling techniques that can help maximize business payoff, and the author team draws upon their recent research to share deep insight about optimal strategy. Real-life case studies and examples illustrate these techniques at work, and provide clear guidance for implementation in your own organization. From step-by-step instruction on data handling, to analytical fine-tuning, to evaluating results, this guide provides invaluable guidance for practitioners seeking to reap the advantages of true business analytics. Despite widespread discussion surrounding the value of data in decision making, few businesses have adopted advanced analytic techniques in any meaningful way. This book shows you how to delve deeper into the data and discover what it can do for your business. Reinforce basic analytics to maximize profits Adopt the tools and techniques of successful integration Implement more advanced analytics with a value-centric approach Fine-tune analytical information to optimize business decisions Both data stored and streamed has been increasing at an exponential rate, and failing to use it to the fullest advantage equates to leaving money on the table. From bolstering current efforts to implementing a full-scale analytics initiative, the vast majority of businesses will see greater profit by applying advanced methods. Profit-Driven Business Analytics provides a practical guidebook and reference for adopting real business analytics techniques.