Inefficiencies and errors caused by manual reporting are putting CFOs under incredible strain. It’s no surprise that according to a May 2013 study from the research firm Gartner, CFOs’ top technology investments in 2013 and 2014 will be business intelligence and analytics tools.
Why? Many finance teams find it a challenge to summarize, communicate and make decisions based on data culled from a wide range of sources, such as customer databases, transaction processing systems — and all too often — individual spreadsheets. The greater the volume and variety of data, the greater the risk of errors that result when companies attempt to aggregate data manually.
Armed with the right data, you can mitigate risks and dramatically improve outcomes for your business, whether your company makes decisions based on financial information or communicates financial information to investorsSee all blog posts