Managing the finance organization has never been easy and it is only made more difficult by increased governance, risk, and compliance requirements. To navigate these complexities, manage capital more effectively, and be a better business partner it’s essential to develop advanced forecasting capabilities and new finance management techniques.
Finance Analytics is leading the way in providing new insight into core activities such as revenue management, tax analysis and investor relations which enable an organization to grow revenue and improve margins. In addition, Finance Analytics has demonstrated the ability to bring cross functional information together to drive value for other business functions such as sales, marketing, procurement, and even IT.
Moreover, Finance Analytics can bring to light new opportunities which can provide long term growth potential to an organization through “finance-owned” analytics activities such as model based forecasting, advanced fraud detection, and capital portfolio optimization.
Some organizations focus on basic finance, others know analytics. Across Deloitte member firms, the Finance Analytics practices combine these skills to help clients in their efforts to manage their financial resources, continuously safeguard their reputations, and to preserve—and increase—shareholder value.
The evolution of insights
Analytics is a powerful tool that can help real businesses gain the hindsight, insight, and foresight needed to solve complex problems that seem intractable. Its uses are myriad, and its applications span the enterprise.
Analytics must be used to be useful. Abstract theory might be interesting, but it won’t solve your business problems – unless you put theory into practice.
Life at Deloitte
People make Deloitte one of the best places to work. What’s great about the people? That’s an easy answer. They are exceptional. Each person is unique and valued for that, among the best and brightest in the business, and takes pride in his or her achievements and the success of others.