Financial process reporting is essential to the company. Errors in financial reporting of a large enterprise can cost millions to a business and the likelihood of that happening increases, if you rely on traditional systems. Finance being one of the most important and critical function of business requires absolute precision in reporting and data management.
Most of the large enterprises use many tools and datasets that not only produce clutter but also create problems in extracting the right set of information in a particular format. This information is located in different sources and different finance applications. So far, organizations have leveraged methods that lead to delayed extraction and transfer of information from these systems and source applications that make it extremely difficult to gauge the performance of business in real-time.
By using the Bizintel360 Advanced Analytics platform, the seamless connection between multiple sources or data can be promoted with minimal or limited IT intervention. The powerful search engine creates auto relationship between data and presents it in the form of powerful visualizations that allow one to perform detailed data analysis by adding or removing variables simply at a click of a button, all in real time providing insights that result in accurate decision making.
This functionality not only make it extremely powerful, but also facilitates interactions not possible before. Professionals, CFO’s or top decision makers can use this data for quick and powerful decision making required at the senior most level supported by facts and conviction.
This alone makes it suitable for time and mission critical applications where consistency and accuracy are of utmost importance. Bizintel360 facilitates these interactions by implementing state of art technology and algorithms that rely on machine learning to facilitate meaningful interactions in real time. You can learn more about this platform and usage cases by visiting Bizintel360 page.