Why All Financial Analytics Need Data Visualization For Exploration and Explanation
The ancient, overused adage of "a picture is worth a thousand words" can almost be considered a gross understatement in the business intelligence universe.
As BI experts, we know that data visualizations are worth way more than a paltry thousand words. This is particularly true within the self-contained narrative of finance where many hours are actually spent recalculating numbers into actual intelligence - for ourselves and for others.
All you finance people are currently nodding your heads in collective agreement, right? I thought so.
Columns, rows, colossal numbers, budgeting systems, spreadsheets and all other financial schema should be visually represented in a way that's digestible for the rest of the business. Because, at the end of the day, your data is only as good as your ability to communicate it.