DATA ANYAL - EKSH DATA ANYAL - EKSH.pdf · Study systems, interview stakeholders, understand vision...
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DATA ANALYTICS SEAN MCBRIDE PARTNER JANUARY 2017
Transcript of DATA ANYAL - EKSH DATA ANYAL - EKSH.pdf · Study systems, interview stakeholders, understand vision...
DATA ANALYTICS
SEAN MCBRIDE PARTNER JANUARY 2017
AGENDA
Introductions Sean McBride Bob Hottman Kreg Brown
EKS&H then
EKS&H now
The case for data analytics
Lessons learned
THE YEAR WAS 2013
MT1
Slide 3
MT1 Mike Tagtow, 1/10/2017
EKS&H 2013
Audit Tax
Consulting
500 Employees
55 Partners
3 offices in Colorado
Business Technology Services
• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects
WHAT OUR CLIENTS WERE TELLING US IN 2013
We are data drivenbut data starved.
I need the data at my fingertips.
I don’t want tospend every weekend draggingdata out of Excel.
Our reports don’t work.
We have new statutory data requirements that we are unable to meet.
SO WE ACQUIRED A DATA ANALYTICS FIRM
Feb 2014 – Acquired Infolink Consulting
30-person Denver-based data analytics firm Business Intelligence Data Integration Performance Management
Technical and cultural fit
Included a sales organization
Infolink folded perfectly into the Consulting Business Technology Services (BTS) organization
EKS&H NOW
Audit TaxConsulting
• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects• Cyber Security
Infolink Consulting• Business Intelligence• Data Integration• Performance Management• Training
Business Technology Services
700Employees
69Partners
5 offices in Colorado and California
EKS&H NOW
700Employees
69Partners
5 offices in Colorado and California
• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects
• Cyber Security• Business Intelligence• Data Integration• Performance Management• Training
Audit TaxConsulting
Business Technology Services
WHAT OUR CLIENTS STILL TELL US TODAY
We are data drivenbut data starved.
I need the data at my fingertips.
I don’t want tospend every weekend draggingdata out of Excel.
Our reports don’t work.
We have new statutory data requirements that we are unable to meet.
OUR CLIENTS NEED BUSINESS INTELLIGENCE Business Intelligence (BI) is the presentation of data into meaningful information
to help businesses make decisions
Reports, dashboards, scorecards, data visualization
EKS&H implements BI projects using a variety of tools, including Tableau, Cognos, and Microsoft
We resell software if applicable
Services include: Discovery BI architecture Installation and configuration Report development Training
BENEFITS OF A PROPERLY IMPLEMENTEDBUSINESS INTELLIGENCE SOLUTION
Single version of the truth
Everybody is working from the same information
Self Service
For ad hoc reporting and analysis
Business User friendly solution
Minimize reliance on IT
Visualization of data
Trends, Outliers
Drill to detail
Any format, any time
Mobile, iPad, offline access
BUSINESS INTELLIGENCE
LOOKS GREAT, BUT IN THE REAL WORLD…DATA ISSUESMost organizations collect an enormous amount of data – “silos of data”
Need to combine data from multiple systems for in-depth analysis
Dirty data “Sean McBride,” “S. McBride,” “Sean Patrick McBride”
Data needs to be cleaned, structured, and organized before it should be included in reports and dashboards
HOW DOES EKS&H HELP WITH DATA ISSUES?
Data Integration (DI) – the movement and manipulation of data to enable business decisions
Typically the creation of a data warehouse
Improving data quality by cleansing data
Starts with an assessment Best practices for successful BI and DI project Study systems, interview stakeholders, understand vision Short engagement to provide roadmap and project plan Provide estimated implementation effort
PERFORMANCE MANAGEMENT
700Employees
69Partners
5 offices in Colorado and California
• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects
• Cyber Security• Business Intelligence• Data Integration• Performance Management• Training
Audit TaxConsulting
Business Technology Services
PERFORMANCE MANAGEMENT
Performance Management is a term often referred to when discussing planning and budgeting solutions
Initially, most organizations do planning and budgeting using Excel
As companies grow, Excel becomes challenging to manage More users, more complexity Consolidating large number of workbooks Error prone and time consuming Overwriting cells, formulas
PERFORMANCE MANAGEMENT
Performance management solutions are purpose-built database-driven applications that provide: Workflow (who has started the budgeting process?, who has
completed it?) Consolidated information available real time What-if analysis (what if I increase the budget by 4%?...) Financial reporting Improved support of planning process
BENEFITS OF ADDING DATA ANALYTICS TO THE EKS&H OFFERING
Help our clients make better decisions
Cross-selling opportunities with other EKS&H services
Increased pipeline – everybody needs data integration help
Stay ahead of the competition
We use these practices internally to run our business
Additional revenue stream
WHAT WE’VE LEARNED Innovation in technology outpaces
most other areas
Tools and applications are getting easier for business users (less consulting required)
Tax/Audit doesn’t easily understand technology consulting
Technology consultants don’t easily understand Tax/Audit
Cultural match between organizations is key
Must be nimble and adjust to change
