Five Ways CFOs Can Implement Advanced Analytics

This is one of four articles in a special report about the use of predictive analytics. Here are the other stories: As the amount of available data grows exponentially, companies increasingly recognize data and analytics (D&A) as valuable assets. In tandem, institutional investors and equity analysts are now weighing companies’ D&A strategies as part of their valuations, according to a 2015 report by KPMG. Against this backdrop, the use of advanced analytics has the potential to transform the CFO role. Advanced analytics (machine learning, natural language processing, optimization, predictive and prescriptive analytics) can extract hidden patterns behind big and unstructured data, model hundreds of possible scenarios, and optimize the best action plans among all alternatives. The result? Improved human decision-making capabilities to drive enhanced customer experiences, higher growth and efficiency,…


Link to Full Article: Five Ways CFOs Can Implement Advanced Analytics

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