By Farnaz Erfan | June 11, 2021
Analytics technology is becoming integral to the field of finance. The market for financial analytics services is projected to be worth over $11 billion within the next five years.
Analytics is particularly important for developing strategic financial management policies. Strategic Financial Management or strategic finance is a process to help a company’s finances. It sounds easy but can be very time-consuming. Fortunately, companies can use analytics technology to streamline many of these processes and handle them more efficiently.
I will detail the role of analytics in strategic financial management and how mosaic finance can help you throughout the process! Before you can understand the role of analytics in this complex field, it is important to appreciate the significance of strategic finance, though. We will start with a primer on the field itself before discussing the importance of new analytics technology…