Financial Analytics
Financial analytics are tools that allow executives to dive into the nitty gritty of financials, identify underlying trends that would otherwise go unnoticed. They allow executives to have a better understanding of the inner workings financial activities so that they may make better, proactive and more informed decisions. Financial analytics often involves comparing and integrating a broad set of data.
Financial analytics is largely interested in questions of profitability: which customers, product lines, regions or activities generate the most profit? Which are leaking profit? By displaying this information in a visual way, through charts or graphs, executives can more plainly see the financial state.
Key analytics capabilities include:
- The ability to drill into, slice and dice data the way you want to
- Simple, intuitive analysis with functions like drag and drop
- Fast data processing with in-memory
- Mobile sharing
- Single source of financials
- Self-service analytics