Business Intelligence solutions enable Finance to collect accurate data from multiple sources and perform the analyses required to answer questions about corporate financial performance.

Business Intelligence tools and solutions of greatest important to Finance:

• Planning, budgeting and forecasting - contribution, aggregation, manipulation, and approval of the financial plan on a periodic or continual basis.
• Financial consolidations and reporting - legal and statutory consolidation systems, along with more generalised financial statement generation capabilities.
• Financial analytics and dashboards - profitability applications, role-specific dashboards, metrics, and specific financial analytics for detailed financial processes.
• Financial governance, risk management, and compliance - governance and control requirements that include national and international regulations, such as Sarbanes-Oxley or the International Financial Reporting Standards.
• Scorecards and strategy - methodology-based scorecards, such as the Balanced Scorecard, and strategy management applications.