Christy Sasser is a Workday staff writer, covering business trends and technology for finance and medium enterprise.
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Global companies are grappling with increased complexities and challenges, especially as they expand into new markets. Here’s a look at three significant sources of those challenges, and how leveraging advances in financial systems and having a single source of truth for data can make a big difference.
There’s a difference between understanding the benefits of advanced analytics and putting them into practice. Findings from Workday’s “Finance Redefined” study reveal that the successful use of advanced analytics hinges on an organizational culture that is focused on data-based decision-making rather than intuition.
Global Finance Leader Study: Unlock the Power of Advanced Analytics by Combining Finance and Non-Finance DataRead More
Our “Finance Redefined” study reveals that only a minority of CFOs are using advanced analytics across key areas of finance today. Given that advanced analytics has so much to offer, why have many CFOs yet to fully embrace their potential? Read more to learn about the roadblocks to leveraging advanced analytics and steps organizations can take to overcome them.