AICPA & CIMA Finance Transformation 2018

FT1821 - How to Access and Analyze Big Data for Greater Decision-making and Performance Management

Nov 30, 2018 12:40pm ‐ Nov 30, 2018 1:10pm


Description

  • Mining Big Data to identify performance improvements and profitable opportunities
  • The requirement of rich internal and external data to solve future questions/ scenarios
  • Using data and analytics to understand and wield potential disruptors – both financial and non-financial data
  • How to lead strategy by using data to drive deeper prescriptive insights

Employing advanced analytic tools to greatly improve the effectiveness of planning and forecasting:

  • How this leads to deeper business insight and better predictive modelling of business outcomes
  • Finance’s role in joining the dots of big data and analytics across the business
  • Blurring the boundaries between data scientist and management accountant

Equipping finance teams with the right tools, skills and capabilities to provide leading insights and analytics:

  • Moving beyond descriptive and diagnostic analysis to predictive and prescriptive analysis
  • Becoming a data-driven decision-center, able to quickly derive insights from large volumes of data and communicate those insights to internal and external stakeholders

Speaker(s):

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