Eric Arnold - What is Financial Analytics and Is It Important?

Shape the strategy for business through reliable, factual insight

Financial Analytics and it's Importance Eric Arnold

Financial analytics is the formation of ad hoc analysis. It answer specific business questions and forecast possible future financial scenarios. The main purpose of financial analytics is to shape the strategy for business through reliable, factual insight.

Eric Arnold

Eric Arnold

Importance of financial analytics Help companies determine the risks they face Enhance and extend the business processes that make them run more effectively Enable organizations to rethink their strategies for solving problems Supporting business decisions Help companies examine the profitability of products across various sales channels and customers