GO BEYOND ‘WHAT’S HAPPENING’ AND ‘WHERE’, TO ‘WHY IT’S HAPPENING’ AND ‘HOW YOU CAN CHANGE IT'
From Analytics to Insight - Boost Your Financial Performance
As a CFO today, it is not enough to just manage costs. It calls for cost leadership, ability to drive gross-margin productivity, contribute to enterprise strategy and monitor business performance.
Do these questions play at the back of your mind?
- How do I improve cost-per-invoice for my Accounts Payable?
- How do I cut down customer deductions?
- How do I get my finance team to deliver accurate, relevant and on-time reporting?
In times of a business crisis, traditional management-reporting falls short in recommending optimum solutions. It provides a view of ‘what went wrong’ and ‘where’ but not ‘why’ the crisis took place. The link between strategic and business metrics could be clear. However the multiple operational drivers that impact financial or business metrics may not be very apparent. This is where Insights from Wipro BPO can help.
Insights Combines Operational Data with Business Data to Provide Actionable Insights
Insights’ structured analytics services accelerate decision-making using driver-based models that map performance drivers to tactical goals. Its guided analysis approach enables business leaders to easily identify the areas of performance issues, the root causes of these issues and recommend specific actions to fix them - completely in a self-service mode. The huge amount of accumulated operational and business data suddenly starts unraveling locked information that can be used to make more effective decisions.
Insights Services Approach is Grounded in Wipro's Rich Experience
The Insights offering covers services from managed reporting for on-going performance analysis to decision support for strategic initiatives. The delivery of reporting services in a subscription-based model ensures that customers derive maximum value due to operating expense-based pricing and a selection of reports specifically designed to address their business problems. The combination of Wipro’s expertise in IT Services, BPO experience and the finance domain knowledge makes guided analytics our forte.
Our consultative services approach begins with understanding your financial priorities, core business challenges and then applying the pre-built analytics framework to arrive at a detailed drill down of the performance levers, financial metrics, actual value drivers and finally the operational drivers. Then, using the underlying flexible Insights platform, we design, develop and deliver reports that drive actionable insights.
The platform has advanced visualization and navigation capabilities that use a pre-defined graphical drill down path to spot trends and interpret results with ease. Its inbuilt flexible reporting framework and data-models allow dynamic restructuring of reports to quickly adapt to the ever changing business environment. It can also pull data from multiple data sources to provide a seamless view of financial and operational data.
You can completely rely on Wipro’s services for customization, integration, implementation of the flexible reporting platform, go-live and maintenance of Insights.