Driving Performance for Private Equity Firms 8
Leading financial systems have the tools ready-built to aggregate and analyze data for user-defined
periods and parameters� Using an analysis tool that is built into the system, instead of using an external
spreadsheet, enables the development of real-time reports to meet the specific needs of the users
without breaking that all-important connection to the underlying sources of data� These real-time
templates can be saved and the analysis repeated with the passage of time without any need for redoing
the set up or the need to reconcile information between different sources.
New Approach 2:
Aggregate Data from Disparate Sources to Improve Analysis
Today, leading financial systems address many of the shortcomings of the traditional approach to ad hoc
reporting. These systems enable operational data from outside of the financial system to be integrated
with the other disparate systems where the data resides� This live connection is continuously updated
and maintained in real-time. When cloud solutions are deployed, these connections can span different
entities and geographic locations seamlessly�
