
accounting
Business Intelligence A Necessity for Today’s CFO
What Is Business Intelligence?
What Major Challenges Do CFOs Face?
-Getting the Insights You Need Before You Need Them
-Predicting What’s Next
-Consolidating Disparate Data
-Supporting a Remote Work Force
How Is BI Important to a CFO?
How Accounting / Finance Is Using BI
-Analysis and Insight Gathering
-Strategy Visualization
-Report Generation
-Revenue Management
-Customer Segmentation
-Expense Management
-Cash Flow Management
-Balance Sheet Management
-Risk Management
-Profitability Management
Benefits of BI in Accounting and Future Financial Planning
-Centralized Dashboards, Analytics, and Insights
-Higher Quality Insights
-Greater Profitability
-Increased Productivity
-Better Marketing ROI
-Risk Reduction
-Competitive Advantage
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