Exploiting your data
Organisations have data on everything from their core operational and financial processes to their tax returns, employee details and customer information.
This data is only ever used for the purpose it was originally intended e.g. an invoice value is captured to support debt collection.
Data Insights exploit this data by using it in intelligent ways to extract highly valuable findings that can enhance your bottom line e.g. identifying billings that are not being calculated correctly.
How are Data Insights delivered?
We work with you to obtain data from your ERP (e.g. SAP, Oracle) and other systems. By combining and manipulating data in innovative ways and using Deloitte SMEs (such as taking tax rules from our Tax practice), we are able to generate valuable insights. Insights can take as little as 2 weeks to deliver and typically many insights can be drawn from one data set.
How Deloitte can help
With a team of over 100 people who specialise in innovative data analysis, we have an approach, toolkits and technology that can help clients:
- identify the opportunity
- quantify the financial impact, and
- implement the necessary changes to deliver the financial impact.
Over the past 5 years, we have developed a library of standard analyses that can be tailored to each clients' individual circumstances and form a basis from which rapid wins can be generated. Coupled with an investment in custom-built analytics tools of over £1m we can deliver rapid results, enabling you to start saving money immediately.