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Financial planning processes consume significant resources within organizations for many months with varying results. These processes, albeit tedious, are designed to ensure that the organization is in sync and achieves its strategic goals. In many cases, however, the plans include data that is biased and therefore limit its value to drive shareholder value.
Join this complimentary webinar to learn about an approach to redeploying scarce resources – from developing budgets to proactively changing organizational direction by leveraging data analytics. While data analytics has been available for many years, there has not been widespread use of these methods by corporate financial planning and analysis teams. Given the insight that it provides, it is expected that this will change in the coming years.
Key topics will include:
• Review of common FP&A practices
• An overview of data analytics with business use cases
• Implementation approaches to leveraging data analytics for a financial plan
• How machine learning models can improve planning accuracy
• Benefits derived from the use of data analytics