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As a direct result, less IT support is required to produce reports, trends, visualizations, and insights that facilitate the data decision making process. You need to apply the findings you got to the business decisions, but also ensure that your decisions are aligned with the company’s mission and vision, even if the data are contradictory.
Embedded analytics are a set of capabilities that are tightly integrated into existing applications (like your CRM, ERP, financial systems, and/or information portals) that bring additional awareness, context, or analytic capability to support business decision-making. The Business Services group leads in the usage of analytics at 19.5
It shapes the regulatory landscape for publicly traded companies in many ways, including mandates surrounding: Auditor Independence : The SOX Act restricts the types of non-audit services that auditing firms can provide to their clients. This is an internal audit conducted by an independent auditor who must be an impartial thirdparty.
The American Jobs Creation Act of 2004 established Section 409A of the Internal Revenue Code. Companies also have the option of outsourcing 409A valuation reports to an independent thirdparty. Penalties and interest could be assessed to shareholders if your company fails to correctly adhere to 409A reporting requirements.
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