Business Analytics for the Office of Finance- Business intelligence
About This Event
Business Analytics for the Office of Finance
Instructor: Gary Cokins
Product ID: 501003
Description
With analytics organizations gain insights for better and more timely decision making. Business intelligence (BI) reporting consumes stored data that first must be cleansed and integrated from disparate source systems and then is transformed into information. Analytics produces new information. Enterprise performance management (EPM) then leverages and deploys the information. EPM requires BI as a foundation. Predictive analytics are important because organizations are shifting from managing by control and reacting to after-the-fact data toward managing with anticipatory planning so they can be proactive and make adjustments before problems arise.
What is needed today is the seamless integration of managerial methodologies such as balanced scorecards, strategy maps, budgets, activity-based costing (ABC), forecasts, customer relationship and value management, and resource capacity planning. Each one must be embedded with business analytics. The methodologies are collectively intended to align manager and employee behavior and limited resources to focus on the organization's strategic priorities and objectives.
Areas Covered
Clarification of what enterprise and corporate performance management (EPM/CPM) methods are (in which analytics are applied)
Generic business strategies that are today vulnerable to be sustained
Definition of business analytics and how it is an advance over business intelligence (BI)
The difference between forecasting and predictive modeling
Industry examples of applying analytics
Specific examples of applying analytics to CFO processes (strategy maps, customer profitability drivers, rolling financial forecasts)
How prescriptive analytics (e.g. optimization) is an advance over predictive analytics
Why Should you Attend
To become aware of how business analytics is impacting the CFO's function.
Objectives of the Presentation
Learning why business analytics and leveraging Big Data provide a competitive advantage
Understanding the difference between business intelligence (BI) and business analytics
How to imbed statistics and analytics into enterprise performance management (EPM) methods
How to differentiate forecasting from predictive modeling
Viewing examples of analytics with EPM methods
Learning alternative approaches to accelerating the adoption rate of business analytics
Who can Benefit
Board of Directors
CxOs
CFOs
Accountants
Business Analysts
Strategic Planners
Supply Chain Analysts
Marketing Analysts
For Registration -
http://www.onlinecompliancepanel.com/ecommerce/webinar/~product_id=501003?expDate=Sep11_2015_BusinessAnalytics=Channel=worldconferencecalendar
Note : Use coupon code 1371 and get 10% off on Registration