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TDWI Best Practices Report | Transforming Finance: How CFOs Use Business Intelligence to Turn Finance from Record Keepers to Strategic Advisors: TDWI 2010 Q1 Best Practices Report

The finance department sits at the information nexus of the organization. It regularly collects financial and non-financial data from every business unit and consolidates that information into summary and detailed management reports. Finance can therefore be a powerful agent of organizational change. It can leverage the information that it collects to assist executives and line of business managers to optimize processes, achieve goals, avert problems, and make decisions.

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