3 Reasons Why “BI & Analytics” Is the Top CFO Initiative
By Tessa Curry, Associate Editor
Monday, July 7, 2014
According to Gartner, 78% of CFOs have labeled BI and analytics as their top tech initiative for their departments—beating out even financial management applications. So what’s driving the CFO demand for BI and analytics?
1. CFOs Need More Accurate Reports
When a BI system pulls data directly from your finance tools, it keeps all your data completely updated and perfectly accurate. Instead of exporting data to spreadsheets and reporting manually, a BI system tells you exactly what you want to know, when you need to know it.
2. CFOs Want to Save More Time
Between the automatic alerts and pre-built analysis that some BI and analytics tools provide, CFOs spend far less time gathering and analyzing data, and more time using it to make accurate and informed decisions.
3. …
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