Business Intelligence & Analytics for Finance Professionals

Introduction

This Business Intelligence and Analytics for Finance Professionals training course will highlight how, in a world where firms face intense competition for both customers and investors, the key challenge for today’s finance professional is to step-up and support the value creation process by moving from a narrow reporting role to embrace and exploit the full opportunities provided by today’s Business Intelligence (BI) and Business Analytics (BA) systems. This Data Management & Analytics training course will focus on the tools and techniques used by world-class finance functions to provide the critical business insights C-Suite executives need for effective data driven decision management. 

This GLOMACS training course will highlight:

• The Vital Role of the 21st Century Finance Function
• How Finance Professionals can fully exploit BI and BA tools
• Using BI and BA to improve business processes and performance
• Principles and Practice in Statistical Analysis and Forecasting
• Practical Skills for Data Visualisation and Infographics
• Applying Agile Methods to BI and BA Systems Development

Objectives

This Business Intelligence and Analytics for Finance Professionals training course will explain and practically demonstrate how finance professionals can make effective use of Business Intelligence and Business Analytics techniques to optimise the information and insights presented to managers and senior executives in the context of data driven decision management.

At the end of this training course, you will learn to:

• Frame financial insights in the context of business process improvement
• Exploit the tools of Business Intelligence and Analytics systems
• Develop financial and non-financial key performance measures
• Apply the tools and techniques of predictive analytics
• Design powerful graphics for data visualisation and infographics

Training Methodology

This Business Intelligence and Analytics for Finance Professionals training course will be presented in a highly participative workshop format using activities, case studies and practical examples. Delegates will have the opportunity to develop practical skills for using predictive analytics for preparing business forecasts and using Excel to design graphics for data visualisation and infographics presentations.

Organisational Impact

The organisation will gain through the development and application of capabilities and skills in key areas of communicating key financial insights to decision-makers, specifically benefits will include:

• Improved awareness of key business performance measures
• Greater financial insights from fully exploiting BI and BA systems
• Better integration of financial and non-financial performance measures
• Upgraded data visualisation and infographics
• Raised awareness of modern Agile approach to systems development
• Enhanced results from data driven decision management

Personal Impact

Delegates will benefit from the expansion of their knowledge and application of up to date Business Intelligence and Business Analytics tools and techniques, benefits will specifically include: 

• Ability to frame financial insights in the context of business process and performance
• Up to date knowledge of leading edge BI and BA tools and systems
• Practical skills in statistical analysis and predictive analytics
• Greater levels of involvement in management decision-making
• Raised awareness of modern Agile and Scrum approach to system development
• Effective methods for systems implementation and change management