Visual Analytics

Data Visualisation for FP&A: Is it a Game Changer?

By Larysa Melnychuk, Managing Director at FP&A Trends group

“There is a magic in graphs. The profile of a curve reveals in a flash a whole situation — the life history of an epidemic, a panic, or an era of prosperity. The curve informs the mind, awakens the imagination, and convinces.” 

―Henry D. Hubbard

They say a picture is worth a thousand words… “Telling the story” is one of the most important tasks facing the FP&A professional, and data visualization is a powerful tool to reveal this story. Data visualisation is vital for FP&A analytics: it can help to reveal hidden trends and patterns, to filter out the noise and to generate valuable business insights....

London FP&A Board: Are Fancy Visual Aids Worth the Investment?

By Neil Ainger, GTnews

Published first at GTNews (http://www.gtnews.com) in September 2014

This month’s meeting of the London financial planning and analysis (FP&A) advisory board saw practitioners debate whether fancy business intelligence (BI) software tools are a wise or even necessary investment. The general consenus was that boardroom members often don’t want to see complicated graphs, instead preferring to see the numbers in a flat 2D table.

“I’ve worked for a chief financial officer [CFO] who hated graphs,” said one FP&A professional. “As a finance person he wanted numbers, not graphs. He even got his PA to print off a dynamic clickable dashboard I produced! A lot of a presentation depends upon who you are presenting to. I’ve certainly adapted my technique and tools depending upon who is listening.”

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