Garbage in, garbage out. As the saying goes.
As teams in and around the office of the CFO home in on predictive analytics and intelligent forecasting, transformation success will hinge on how and what they change. Without timely, frequent, and trusted actuals, the benefits of predictive analytics and intelligent forecasting will remain out of reach.
With digital transformations failing to meet their original objectives at an average rate of 87.5% (Harvard Business Review), taking an approach that aligns technology to your strategy—and establishes a growth-ready financial data foundation—can mean the difference between success and failure.
Read the eBook, How to Build a Growth-Ready Financial Data Foundation, the first in a series of BlackLine Finance & Accounting Innovation Playbooks, to discover:
- A connected, stepwise approach to digital change that delivers fast time to value and lasting, meaningful impact
- How to entrench a data quality culture and where to focus your efforts to achieve mission-critical accuracy
- Common pitfalls to avoid when choosing finance and accounting solutions