Financial Transparency – Architecting Success
Recorded Date: December 10, 2013
Duration: 45 min.
Presenters: Dwight deVera, arcplan Senior VP of Solutions Delivery; Jeff Lovett, Teradata VP, Finance & Performance Management
About this webinar:
Too many finance organizations manage their data using people, processes, and systems that are separated from the rest of the organization. This walled-off ecosystem requests data from other areas of the company and produces its own analytics often with different definitions of the same metric e.g. (Revenue, Margin) that conflict with those of line managers. With the ever increasing pace of change in the business this siloed, duplicative approach to financial analytics cannot deliver a transparent, integrated view that serves both finance and operations. Defining a simple architecture optimizes data management and makes it easy to visualize joint opportunities across both organizations.
- Leveraging insight into financial results, drivers and KPIs to provide visualized, actionable views of financial performance
- Telling the integrated contextual story of a company's operations through common views and analysis
- Ending reliance on averages for more accurate, behavioral measures of customer or product profitability
- Utilizing the next generation of analytical techniques to unearth trends and predict organizational performance