CFO Insights: Data visualization – Why a picture can be worth a thousand clicks
CFOs have long been encouraged to become better “storytellers,” by communicating important messages about company performance, strategy, and prospects not in the often technical language of finance, but in terms everyone in the organization can understand. At the same time, finance departments are working ever harder to become true partners to the business, by providing metrics, KPIs, forecasts, and other critical information that can aid decision-making and help each function chart effective courses of action. Enter data visualization, an enabling technology that complements analytics and related data-crunching tools, allowing finance to produce user-friendly reports and other presentations that can be tailored to specific audiences. In this issue of CFO Insights, we explore the multiple uses of data visualization and how finance can better leverage its possibilities.
This publication was released by our US firm.