7 Ways Traditional FP&A is Being Challenged by Data
Data-driven decision making. It’s trending but it’s not trendy, and it’s certainly not going away. The process of…
Your data - unleashed, empowered and organized to make better, more profitable decisions.
Timely insights can be transformational to your business. Did you know that businesses spend 90% of their time figuring out the problem and only 10% solving it? By bringing together your data with our financial expertise and knowledge of your business, we partner with data analytics and business intelligence consulting firm Onebridge to tell the story of your data. Combining their deep technical expertise with our business acumen we can provide the financial intelligence businesses need to grow. With a robust and mature analytics platform, we can help you make better business decisions with increased access and visibility into your data.
Data is looked at differently depending on where you are within the business. Each functional area has unique needs from Sales and Marketing to Operations and Finance – and can use data to solve different problems. We design our solutions for each function’s unique needs, producing comprehensive, accurate, timely, and flexible tools that will help each function and decision-maker understand what’s driving the numbers strategically and operationally.
By collecting and analyzing data, we determine what effects executive decisions and changes had on your company’s performance and then alter those changes to help create a more effective process. Our analysis of these metrics can help your company save on operating costs, generate more revenue and reach higher profitability. We use business performance analytics to improve the performance of both your employees and their managers.
Our Analytics for Business Performance solutions will help executives:
The majority of Financial Planning and Analysis (FP&A) teams and finance departments use only financial data instead of incorporating operational data to understand the full picture. They also primarily focus on historical data rather than predicting future outcomes. This historical focus is inefficient and costly. Our approach analyzes your financial and operational data to make an action plan for reaching future goals.
Our Analytics for Financial Performance solutions will help finance teams gain insights through:
Many operational decisions are made based on gut reaction rather than data. Analytics empower business leaders to improve decision-making throughout the organization to raise your company’s level of operational performance. By understanding your business and the story your data tells, we can put processes in place to drive operational improvements.
Our Analytics for Operational Excellence solutions leverage data to enable all departments and functions to optimize:
Having clean, quality data is vital to decision-making but is hard to accomplish and maintain. We combine data quality management with financial intelligence so you have confidence that your data accurately reflects reality.
Pulling data together from multiple systems and sources can be challenging and complicated. We can enable your organization to integrate your systems together through data warehousing, data virtualization and custom API layers.
To make the most of your data, Onebridge partners with major accounting, CRM and ERP platforms to connect to the platforms you already use, including:
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