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"Chief financial officers had large amounts of information in ERP systems, but because of their complexity it wasn't accessible to the business."

 

peter lumley, pa business intelligence expert   

Information services: Better accounting systems offer richer forecasting resources

Stephen Pritchard

Financial Times

27 March 2013

 

PA’s Peter Lumley, business intelligence expert, is quoted in the Financial Times in an article on IT and accounting systems. 

Some companies are investing in business intelligence applications to enable better forecasting, analysing and reporting of data without having to deviate from their enterprise resource planning (ERP) software. Larger companies need to bring data into a specialist business intelligence tool for timely forecasting and analysis to be carried out. 

Peter comments on the sharing of key data with the wider business: “Chief financial officers had large amounts of information in ERP systems, but because of their complexity it wasn't accessible to the business. There is a need to visualise what the data are telling them.”



You can read the article in full here.

To find out more about how PA can help your organisation to achieve excellence in finance, click here or contact us now.

   
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