With Finance staff expected to spend more of their time on analysis (vs preparing data), the availability data analysis knowledge and skills will become a key factor in determining the success or failure of many Finance departments. Having a good understanding of data analysis methods is the first step to ensuring that CFOs can take advantage of their data.
It is crucial that staff are aware of the different tools and methods for data analysis. Finance leaders must also inject the right skills into their teams, such as staff who understand and can deliver prescriptive and predictive analytics to the organisation. In this section, we share valuable insights and guides to help Finance get better at data analysis.