The Need For Financial Analytics
The real picture of a corporate’s financial health can be accurately by financial analytics. Financial analytics assists organizations in the following ways:
Analyze Facts to establish Forecasts
CFOs can predict accurate revenue and expenses forecasts by analyzing current and past trends under the light of business’s respective industry and economical situation to establish correlations for resources planning, budgeting and allocation effectively.
One-Stop Shop for Financial Statistics
Our dynamic financial analytics platform consolidates all financial figures into an enterprise data warehouse including Revenues, Expenses, Margins, cash-flow, sales forecasting and other key financial KPIs which are accessible in any reporting tool including Excel Pivots, Power BI, Tableau etc.
Transforming the Role of Finance Department
Finance teams are now transitioning towards management instead of accounting where our solution empowers them to make data driven decisions.
Check & Manage Organizational Hierarchy
Critically review branches, markets and regions where business has poor margins under the light of recurring and non-recurring revenues, insurances, payroll, overtime, rents and other expenses by performing Monthly (MoM), Quarterly(QoQ) and Yearly (YoY) comparisons for budgets, actuals and forecasts.
KPI Driven Business Processes
Operational excellence can be enhanced using data evidences driven from Sales Growth Rate, Credits, Bad Debts, Days Sales Outstanding (DSO), Cash Flow, Refunds, Receivables against each business operational unit.