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The book explores the critical need for accurate business forecasting and effective financial planning, particularly in the context of multinational corporations. It addresses the challenges posed by inefficient data integration and planning processes, emphasizing the importance of redesigning corporate financial planning to enhance timeliness, completeness, and consistency. Additionally, it introduces new quality metrics for financial data, benchmarking them against accuracy to uncover previously hidden business insights. Empirical evaluation studies support the proposed methodologies.
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Quality Assurance in Corporate Financial Planning, Jochen Martin
- Language
- Released
- 2013
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- Title
- Quality Assurance in Corporate Financial Planning
- Subtitle
- A Process-and Data-Driven Perspective
- Language
- English
- Authors
- Jochen Martin
- Publisher
- 2013
- Format
- Paperback
- Pages
- 172
- ISBN13
- 9783838137353
- Category
- Legal literature
- Description
- The book explores the critical need for accurate business forecasting and effective financial planning, particularly in the context of multinational corporations. It addresses the challenges posed by inefficient data integration and planning processes, emphasizing the importance of redesigning corporate financial planning to enhance timeliness, completeness, and consistency. Additionally, it introduces new quality metrics for financial data, benchmarking them against accuracy to uncover previously hidden business insights. Empirical evaluation studies support the proposed methodologies.