Data Analytics for Financial Managers at Thompson & Co.
No Fee – $9.99
Case ID: | A-DATA-20230816-1-V1 |
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License: | CC BY-NC-SA 4.0 |
Pages | 3 pgs |
Case Study Analysis | Not Included |
Teaching Notes | Available |
Ai Level | Content co-authored with the OpenAI API |
Category(s) | Finance: 9/10 |
Thompson & Co., a fictitious financial services firm, confronts the challenges posed by the surge in financial data in the digital age. Navigating the shift from traditional accounting to data-driven decision-making, the company’s CFO, Sarah Harper, grapples with the task of harnessing data analytics to optimize financial reporting. Amid concerns of reporting discrepancies and a need for clearer insights, Sarah weighs the potential of tools like the DuPont Model and advanced data analytics platforms. The case unravels her strategic phased approach that involves the integration of a tailored data analytics tool, employee training, and the creation of a comprehensive financial dashboard. The outcome underscores the pivotal role of data in shaping financial strategies, emphasizing the need for adaptability and continuous learning in the dynamic financial landscape.