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CFO Survey: Learn How to Improve Financial Data Analysis

Sponsored by Cartesis and Microsoft

Date:Thu, Feb 16, 2006
Time: 2:00 P.M. ET
Duration:1 hour
Cost: Online FREE

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Summary

A CFO Survey determines 70% of leading companies are dissatisfied with their ability to analyze financial data – find out why

Companies' investments in IT infrastructure for financial reporting and regulatory compliance have begun to pay off in recent years -- but finance executives say their forward-looking, analytical view of the business still falls short of their decision making needs. Further, finance executives say that their ability to analyze data - to perform what-if, drill-down analysis to answer non-routine, unstructured questions -- holds them back from delivering real business benefit. A combination of resource scarcity -- a lack of budget, personnel, time, and management attention - and the complexity of existing systems and processes prevent them from improving their forward-looking, analytical view and ad-hoc analysis capabilities.

Join us for an informative webcast that reveals the findings of a major study, recently conducted by CFO Research, that explores these information delivery, financial reporting and analysis challenges faced by finance executives.

The key findings of the survey include:

  • Scarcity of the necessary information to make forward-looking decisions
  • Lack of ad hoc and analytical capability needed by finance and business unit end-users to solve complex analysis
  • Difficulties involved in utilizing currently available data
  • A wide gap between the adopters of financial solutions and companies that use point solutions, spreadsheets and manual processes
  • Best practices for utilizing limited resources to deliver today's complex analyses

    Sam Knox from CFO Research will present the survey results. Trevor Walker, VP of Product Marketing for Cartesis, will then join the conversation with practical, integrated solution offerings from Cartesis and Microsoft that address each major business issue.

    In this session, you'll learn:

  • How the right financial solutions can overcome the challenges faced by financial executives when attempting to provide forward-looking analysis and what if scenarios
  • An advanced approach to analyzing data, performing what-if, drill down analysis and how to answer non-routine, unstructured questions
  • How to provide finance and business users with the analytical capability needed to answer today's complex business questions