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CFOs Ignore Big Data at Their Peril – It’s Time for CFOs to Embrace Big Data

July 22, 2013 /

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With the power of massive data sets and advanced analytics, experts say that finance chiefs could better anticipate customer and supplier demand, predict sales and profits under hundreds of different scenarios, detect fraud and drastically cut the time it takes to close the books at the end of each quarter.

David Hall

Full Story: http://blogs.wsj.com/cfo/2013/07/22/the-morning-ledger-its-time-for-cfos-to-embrace-big-data/?mod=WSJ_hpp_sections_cfo

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CFOs Ignore Big Data at Their Peril

CFOs who haven’t embraced big data are missing out on opportunities to speed up and improve some of their more difficult and time-consuming tasks.

By
MAXWELL MURPHY

Full Story: http://online.wsj.com/article/SB10001424127887323419604578571684135006800.html?mod=ITP_journalreport_1

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