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Tag: Finance Decision Support

Finance and Enterprise Performance Improvement

In the past several years, the role of finance in business has significantly transformed from being a back office, desk-bound, number cruncher into a more broader, stakeholder-engaging and advisory role responsible for influencing strategic and operational decision making and improving enterprise performance. Thanks to new innovative digital technologies and business…

Finance Analytics: Using The Right Data to Generate Actionable Insights

We are living in the information age. Data is everywhere and affecting every aspect of our lives. As the use of data and analytics become pervasive, in future it will be uncommon to find an industry not capitalizing on the benefits they can provide. CFOs are increasingly leveraging data and…

Finance Needs To Do More Than Prepare Reports

There is an ongoing discussion about the evolving role of finance and the function’s contribution towards enterprise performance improvement. Thanks to new operating models and emerging technologies, finance has been presented with an opportunity to step up and shine. That is, focus more effort on providing effective decision support that…

Delivering Reliable Insights From Data Analytics

Data and analytics are becoming increasingly integral to business decisions. Organizations across all sectors are leveraging advanced real-time predictive analytics to balance intuitive decision-making and data-driven insights to monitor brand sentiment on social media, better serve their customers, streamline operations, manage risks and ultimately drive strategic performance. Traditional business intelligence…

Finance Value Creation Goes Beyond Running the Financial Side of the Business

Advances in technology are helping the finance function reduce operational costs, streamline processes and improve productivity. Thanks to automation, tasks that used to take months to complete are being completed in weeks and those that took weeks to accomplish are getting done in days. For instance, advanced analytics and robotic…