KEY INITIATIVE Financial Data and Analytics Presenter's Name KEY INITIATIVE Financial Data and Analytics Presenter Name here Date here

Overview: Financial data and analytics Top challenges and how Gartner can help To support finance leaders in their efforts to improve financial data and analytics, our research will address the following common client questions: How can we manage financial data (e.g., structure, definition, attributes) so it can be more easily aligned with other types of data (e.g., customer, marketing, operational performance)? How can management reports advance decision makers’ understanding of performance and associated actions? How do we identify opportunities for advanced analytics and scale them across the organization? The topics we cover include: Financial data management: Streamline financial information, structure data and standardize data definitions to create a high-quality data environment that ensures information integrity while enabling faster and more impactful analysis of business problems. Finance analytics: Generate insights derived from the application of specialized and semiautonomous (i.e., machine-driven) analytic methods to create more impactful analysis for business decision makers. Metrics and management reporting: Build effective dashboards and internal reports that balance historical views of performance with real-time and forward-looking KPIs to improve performance management.

Metrics and Management Reporting

Challenges with improving metrics and management reporting 1 2 3 Finance produces a multitude of reports that no one consumes Reporting does not help decision makers learn anything new about their business Metrics do not truly reflect business performance Only 56% of financial and performance data helps fill knowledge gaps about business or enterprise performance. The adoption of digital reporting technologies and the emergence of self-service reporting have not solved the challenge of influencing decision makers with the right, forward-looking information and KPIs. Finance teams struggle to streamline and prioritize report requests. Processes to create reports are inefficient. Finance does not leverage technology effectively to ensure capability and low cost. More than 75% of finance’s internal reporting and financial analysis tends to be factually descriptive and static, weighted toward financial data, rather than forward-looking, “business centric” information that combines financial data with operational and external data. Reports are not packaged well: key findings are obscured, data visualization is ineffective, drill-down data is unavailable, and delivery channels are not user-friendly.

Questions your peers are asking Topics Lorem Key client issues Select KPIs and metrics What KPIs and leading indicators are other companies using? How can we align KPIs to corporate strategy? Build better scorecards and dashboards How do we build effective dashboards and reports? How do we ensure that management information is relevant to our business partners? Improve the efficiency of reporting How can we improve our reporting to improve utilization and adoption of the data? What are the best practices to screen and rationalize requests for information? Topics

Capabilities support each stage of your initiative Diagnose current state Benchmark performance metrics against those of your industry peers: Review the sample industry metrics cascade library. Understand how your scorecards compare to best practice: Review this corporate performance scorecard example. Identify optimization opportunities by auditing existing reports and structuring a review, rationalization and improvement process, as outlined in this case study. Develop your plan Select new KPIs for your organization using this Gartner Ignition Guide. Design financial metrics that encourage innovation, as outlined in this report. Build corporate performance dashboards and scorecards by following the guidance provided in this webinar replay. Create business-centric management reports using this step-by-step guide. Develop a disciplined approach to evaluating, planning and executing reporting transformations, as outlined in this case study. Execute and drive change Deliver data using a multi-channel model, as outlined in this case study. Improve your process for supporting non-standard requests by following the guidance provided in this playbook. Streamline routine analysis to include only relevant issues that the business can act on, as outlined in this case study. Launch self-service analysis capabilities to improve metrics and management reporting, as outlined in this case study.

Gartner support organized against your timeline Activity roadmap Initiative 0-90 days 91-180 days Improving metrics and management reporting Issue Diagnosis: Benchmark performance metrics against those of your industry peers: Review the sample industry metrics cascade library. Action Planning: Learn from your Service Associate how other finance leaders leverage support and resources from Gartner to evaluate, plan and execute reporting transformations. Phone Consultation: Provide a copy of a recent management report to an Executive Advisor for review. Toolkit: Select new KPIs for your organization using this Gartner Ignition Guide. Research Findings: Design financial metrics that encourage innovation, as outlined in this report. Key Steps: Improve your process for supporting non- standard requests by following the guidance provided in this playbook. Phone Consultation: With an Executive Advisor, craft a multi-year strategy for improving metrics and management reporting to enhance the quality of business decision making. Research Discussion: Stay abreast of emerging issues and trends being addressed by our research team and proven approaches to tackle them.

Comprehensive support for the finance leader Finance Leader Effectiveness Personal Effectiveness Change Management Finance Function Management Finance Strategy and Org Structure Finance Talent Cost Optimization and Working Capital Cost Structure Working Capital Indirect Spend Management Indirect Strategic Sourcing Indirect Category Management Financial Data and Analytics Financial Data Management Finance Analytics Metrics and Management Reporting Budgeting, Planning and Forecasting Budgeting and Planning Forecasting IT Finance Internal Control and Technical Accounting Internal Controls Technical Accounting Tax and Accounting Processes Tax Operations Record to Report Real Estate Functional Management Customer Relationship Management Real Estate Strategy and Org Structure Shared Services Functional Management Shared Services Strategy and Structure Shared Services Talent Real Estate Optimization Portfolio Strategy Workplace Strategy Shared Services Optimization Shared Services Performance Management Customer Relationship Management Procurement Function Management Strategy and Org Structure Talent Management Strategic Influence Emerging Trends Indirect Supplier Relationship Management Indirect Supplier Performance Management Indirect Supplier Innovation Indirect Supplier Risk Management Financial Strategy and Investor Relations Capital Structure Capital Allocation Investor Relations Finance Technology Optimization Digital Technology in Finance Finance Technology Strategy and Selection Emerging Technologies and Trends Cyber Security and Digital Risk Management Procurement and Strategic Sourcing Applications Procure-to-Pay Applications Contract Lifecycle Management Strategic Sourcing Applications Driving Cost Optimization Across the Enterprise Baseline Efficiency and Effectiveness Cost Optimization Plan Development Cost Optimization Plan Execution Communication and Leading Change Leading the Next Generation Workforce Key Trends Emerging Critical Skills Key Talent Segments Leadership Style and Structure Driving Digital Business Transformation for Industry Leadership Functional Digitization Digital Business Transformation Digital Business Strategy and Innovation