FINANCE ANALYTICS

Reduce Costs and Manage Risk, Improve Profitability and Transparency, and Make Informed Decisions

Your finance, accounting and reporting departments can deliver accurate and actionable insights in real time. Qlik® synthesizes disparate financial and accounting data into powerful finance analytics that elevate insight, understanding, and decision making..

Two men in business attire are seated at a desk, engaged in a discussion. One man is holding a pen and looking at a tablet that the other man is pointing at.

Explore finance analytics

Manage expenses with finance analytics

Streamline expense management by unifying siloed data and delivering more complete and accurate insights. Finance teams can dig deeper into expense, procurement and contract data to discover the real cost of doing business. You can identify new ways to reduce costs and increase profitability.

Bar chart comparing actual expenses ($434.3k) and forecasted expenses ($195.4k) across various categories, including General Administrative, Research, Professional Fees, Business Services, and Equipment.

Drive cost reduction and improve expense management

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A person uses a tablet computer while sitting at a desk with multiple screens displaying financial graphs and charts.

Quickly analyze large volumes of vendor contract data to make smarter spending decisions

A Qlik Sense financial dashboard showing total spend of 709,023.008€. Includes statistics on spend management by entity and category, on-time payments, PO coverage, and a pie chart displaying spend categories.

Optimize procurement

Explore financial data without boundaries

Combine multiple, complex sources of data and explore them in any direction with the powerful Qlik Associative Engine™. Analyze financial performance, develop forecasts, and run highly flexible financial simulations. Imagine viewing last quarter's largest cost variances, then pivoting to identify the factors that drove them. Or, suppose you could see the relative IRR of your top five product lines over the past two years, and instantly shift your view based on geography, distribution model, or any other factors to gain deeper insight. With Qlik, you can always learn more by simply asking "Why?"

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Optimize budget allocations and forecasting with financial analysis and planning

Take more operational and financial control by putting the power of sophisticated Qlik analytics for advanced forecasting, budgeting, and planning into the hands of finance teams.

Four professionals are seated around a table in a meeting room. One man is holding a tablet, showing a graph to the group, while the others look on attentively. Papers and documents are on the table.

Enable true data-driven forecasting, budgeting, and planning

Qlik Sense dashboard displaying cash flow valuation with metrics: Investment Amount 1.3M, Number of Investments 299, IRR 5.88%. Graphs show IRR by region and deal size, and investments by type.

Streamline analysis and gain unparalleled financial insights

Qlik vs spreadsheets – focus on analyzing data, not preparing it

Using familiar spreadsheets like Excel to analyze data may be convenient, but it’s not effective. With spreadsheets, you spend about 80% of your time manually extracting and prepping data and only 20% analyzing it. And layering on additional visualization tools just adds another complex step. It’s an ungoverned process that can introduce inaccurate data, which reduces confidence in your financial analysis.

Qlik automates and accelerates data integration and prep, so finance teams can use their time to explore trusted, governed data. Powerful analytics uncover hidden insight they couldn’t find with spreadsheets.

Illustration comparing Spreadsheets with a focus on data preparation and Qlik Sense with a focus on insights, using icons of a spreadsheet and a data visualization on a screen.

Manage revenue and profitability management with finance analytics

Finance teams can support a healthy financial balance within their companies. Qlik advanced analytics make it easier with improved cash conversion cycles and enhanced visibility into balance sheets.

A Qlik Sense financial dashboard displays a table with cash flow data and various assets from Jan-14 to Mar-14. Below the table, a line graph shows actual P&L trends over the same period.

Streamline financial reporting and reduce financial burden

Person interacting with data visualizations and graphs on a smartphone and tablet.

Improve financial performance with a complete view of products and services

Manage complex risk and compliance challenges

Finance professionals can access and combine data from multiple sources and effectively align governance models with business priorities. Make smarter and more transparent decisions while decreasing risk, penalties, and fraud.

Enhance operational and financial control in governmental finance

Qlik dynamic finance analytics can improve financial management, support efficient regulatory compliance, and maximize program performance and spend.

An infographic showing $82,224M in total obligations and 13.46k total treasury appropriation accounts. Map of the world with a focus on North America. Department of the Treasury seal.
The Qlik platform has given the team at Raymond James the ability to streamline data with a single source of measurement across the board, enabling true digital transformation.

Laura Ashworth

BI Architect and Analyst Lead, Raymond James
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Learn more about our finance analytics solutions