Business Intelligence In the Corporate Finance Environment: Productivity Gains Associated with Data Agnostic BI Solutions
As business finance executives adjust to a recovering economy, many organizations are invigorating the role of business intelligence (BI) in their operations. Executives are making significant adjustments to corporate strategy and tactics on a more frequent basis; all as a normal course of succeeding in today’s hyper-competitive markets. This is occurring in a global context that has added a seemingly infinite number of variables that affect the financial and operational performance of an enterprise. As a result, CEOs, COOs and other C-level executives are placing greater demands on the finance department in general – and the CF O in particular.
It is the position of this report that organizations with highly-complex organizational structures (especially those operating multiple enterprise application systems across a number of geographies and lines of business) will find an application independent BI strategy more effective than BI tools that come bundled in ERP applications in managing the complexity of critical information capture and analysis functions.
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