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Financial Analytics Is A Concept That

Financial analytics provides different views on business financial data to give in-depth knowledge and help improve performance. It impacts every aspect of business and includes types like sales, client, and profitability analytics. Recent trends include big data, digital transformation, and using analytics for decisions over reporting.

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keerthana chandrasekar
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18 views

Financial Analytics Is A Concept That

Financial analytics provides different views on business financial data to give in-depth knowledge and help improve performance. It impacts every aspect of business and includes types like sales, client, and profitability analytics. Recent trends include big data, digital transformation, and using analytics for decisions over reporting.

Uploaded by

keerthana chandrasekar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Financial Analytics

• Financial analytics is a concept that


provides different views on the
business' financial data. It helps give
in-depth knowledge and take strategic
actions against them to improve business'
overall performance.
• Financial analytics is a subset of BI &
EPM and has an impact on every aspect
of business.
What does a Financial Analyst Do?
Importance of Financial Analytics
Scope of Finance Analytics
Types of Financial Analytics
1. Productive Sales Analytics
2. Client Productivity Analytics
3. Product Profitability Analytics
4. Cash -flow Analytics
5. Value-Driven Analytics
6. Shareholder Value Analytics
Financial Analytics Software Programs
1. Oracle Financial Analytics
2. SAP ERP Financial Analytics
3. SAS Business Analytics
4. IBM Cognos Finance
5. NetSuite
6. MATLAB
Recent Trends in Finance Analytics
1. Big data is getting bigger with the Internet Of Things
2. Digital is killing the finance organization
3. Data gravity will pull financial analytics to the cloud
4. Compliance audit is still a challenge
5. Organizations should focus analytics on decisions, not reporting
6. Analytics is not only about reporting any more
7. Financial data is the leading indicator when using analytics to
predict serious events
8. What will make emotional analytics really helpful is to have a
stronger analytics model behind it
9. The need to manage, monitor, and troubleshoot applications in
real-time has never been more critical
10. To know your customer and to deliver relevant data is a key
business differentiator

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