Healthcare Finance News July 23, 2018
Finance executives are finding they need to become more adept at data-driven analytics to better manage risk and spot new business opportunities.
Big data is all the rage, right? Perhaps, but many finance executives in healthcare and other industries are on the verge of drowning in it and that means having to redefine their role to include resilience, intelligence, leadership, and talent — all in order to become more analytical and innovative.
That’s the bottom-line of a new survey from Workday. The findings indicate that many corporate finance functions are unable to deliver this insight, due largely to difficulty integrating finance and non-finance data, lack of relevant skills within finance teams, and ineffective collaboration among C-suite peers on data-driven decision...
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