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Leveraging Intelligence to drive Performance

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Sanjay Srivastava

Chief Digital Officer

November 2, 2012 - It’s not uncommon to think of finance operations as part of the back office. Stakeholders regularly get excited about sales forecasts and revenue trends but rarely get as animated about days sales outstanding (DSO) behavior, working capital forecasts and credit risk exposures. Unlike revenue forecasts, finance reports have been inherently complex, difficult to distill and challenging to action without delving into third order details.

But new technologies are opening a new window into the world of finance, and they are coming to market at a time when margin pressures are increasing, capital markets are in deep shock and global liquidity continues to be a large concern. Forward-looking CFOs are catalyzing new ways to manage and run the business, driven off dynamic and easy-to-distill actionable views of the business. And for good measure: an organization’s ability to respond quickly and decisively is becoming fundamental to corporate performance. And agility comes from insights – insights that are too often locked up in data across multiple automation systems strung around the enterprise… 

The full article can be found on the IndustryWeek website at: http://www.industryweek.com/software-amp-systems/leverage-financial-intelligence-drive-performance