top of page
Search
  • Writer's picturePaul Gravina

Information Technology and Business Financial Analysis

From strategic planning to data analysis, Business Financial Analysis provides a calculated approach to addressing a company's business needs and providing a viable solution. Business Financial Analysis differs from project management in a number of ways, one of the most important differences is that business analysis brings investigative insights into business issues. These creative insights provide the organization with a disciplined approach to solving business problems within different departments, units, and teams. The role of the Business Financial Analyst will differ depending on the business problem you are dealing with and the type of industry you are working for. They can analyze the operational efficiency of a manufacturer or detail requirements in a development shop or find more efficient ways to increase revenues in a non-profit organization. But approaches to define and resolve the business issues remain the same for any business and industry.

These are a few of the classic approaches that don’t change too much no matter what business or business climate that you are dealing with.

• Enterprise Analysis

• Requirements Planning and Management

• Requirements Elicitation

• Requirements Communication

• Requirements Analysis and Documentation

• Solution Assessment and Validation

In the Information Technology arena where I am most familiar with we face a challenge that has been growing by leaps and bounds. The amount of data that is being created and must be categorized and gathered is immense. The customers that invest at Owls Nest Capital count on us to deliver accurate, up-to-date financial solutions. We as business financial analysts must devise ways to turn data into knowledge and in some cases try to predict the future of the business that we are working in. Data collecting and giving recommendations to the organization to reduce problems must be collected in a consistent and synchronized manner and stored in an electronic format so management can assess and correct the issues that might arise. The key to adding quality to an organization for the business financial analyst is to consolidate the knowledge they have gathered from the data and turn it into recommendations for the organization to undertake for the future success of the business.



How Owls Nest Capital uses Information Technology and Business Financial Analysis
Information Technology and Business Financial Analysis


0 views0 comments

Comments


bottom of page