I fully agree; if finance takes over BI will start making money for the company.
Information is mined by programmers and technicians, but when it comes to the processing of data, the Journal of Accountancy argues the finance department should be taking the lead role.
Data has transformed most roles in the business sphere, but the corporate finance function has been particularly affected by the influx of information. According to Donny Shimamoto, a certified information technology professional at Chartered Global Management Accountant, finance should own the business intelligence (BI) role for the good of accountants and the good of the organization.
Speaking at the AICPA Financial Planning & Analysis Conference in Las Vegas, he explained that there are three reasons why finance should focus more onBI. First and foremost, the finance department can usually add clarity, accuracy and relevance to what is often just confusing numbers to those without the skills or expertise to process. A recent Gartner report says that businesses are “still struggling to make progress with (business intelligence)…
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