Financial Business Intelligence : Trends, Technology, Software Selection and Implementation [Hardcover]

Nils H. Rasmussen (Author), Paul S. Goldy (Author), Per O. Solli (Author), Nils Rasmussen (Author)

Book Description

Publication Date: January 18, 2002

Turn storehouses of data into a strategic tool

Business intelligence has recently become a word used by almost every CFO, controller, and analyst. After having spent the last decade implementing Enterprise Resource Planning software and other mission critical solutions, companies now have large databases with transactional data sitting in their computer rooms. Now, finally, the technology has reached a point where it is possible- in almost real time-to quickly and easily analyze the financial data in the corporate databases, to be able to make more intelligent business decisions. This book will help financial managers understand the trends, technology, software selection, and implementation of financial business intelligence (financial BI) software. With a dictionary of business intelligence terms, a comprehensive list of Request for Proposal questions, and examples of popular financial business intelligence reroutes and user interfaces, this book enables managers to measure their companies' business intelligence and maximize its value.

Editorial Reviews

Review

Being competitive in the Information Age demands that organizations not simply collect data, but that they excel using that data to drive better decisions, faster. Financial Business Intelligence: Trends, Technology, Software Selection, and Implementation serves as a good starting point for finance aspects of leading edge business intelligence efforts, efforts that are necessary to win in today's competitive markets." (Bob Lokken, CEO ProClarity Corp.)

This book is a must-have reference for any company that is serious about creating value through business intelligence. Like his previous books on finance, Mr. Rasmussen's approach is straightforward, comprehensive, and objective.Companies that choose not to learn the language of financial business intelligence will be illiterate and unable to communicate value to its shareholders and business community. Mr. Rasmussen's book is the ultimate lexicon for financial and business professionals interested in establishing a dialogue.
Mr. Rasmussen is keenly aware of the revolution that is coming in financial business intelligence. Today, his book is a must-read for financial and IT professionals, but tomorrow, his book will be a survival guide for all business executives.
Mr. Rasmussen has put a roadmap into the hands of every financial professional who has been lost or wanted guidance in conceiving a system and strategy for financial business intelligence.
Mr. Rasmussen has the gift of genius in distilling the complex and abstruse into the simple and obvious. His practical book on financial business intelligence leverages the power of organized thinking and processes into corporate value creation.
This book is a significant milestone in business intelligence and a must-have reference for any business professional interested in developing financial business intelligence tools that can be readily adopted by an organization. (Edward Hwang Director of Financial PlanningEarthlink, Inc.)

From the Publisher

Being competitive in the Information Age demands that organizations not simply collect data, but that they excel using that data to drive better decisions, faster. Financial Business Intelligence: Trends, Technology, Software Selection, and Implementation serves as a good starting point for finance aspects of leading edge business intelligence efforts, efforts that are necessary to win in today's competitive markets." (Bob Lokken, CEO ProClarity Corp.)

This book is a must-have reference for any company that is serious about creating value through business intelligence. Like his previous books on finance, Mr. Rasmussen's approach is straightforward, comprehensive, and objective. Companies that choose not to learn the language of financial business intelligence will be illiterate and unable to communicate value to its shareholders and business community. Mr. Rasmussen's book is the ultimate lexicon for financial and business professionals interested in establishing a dialogue.
Mr. Rasmussen is keenly aware of the revolution that is coming in financial business intelligence. Today, his book is a must-read for financial and IT professionals, but tomorrow, his book will be a survival guide for all business executives.
Mr. Rasmussen has put a roadmap into the hands of every financial professional who has been lost or wanted guidance in conceiving a system and strategy for financial business intelligence.
Mr. Rasmussen has the gift of genius in distilling the complex and abstruse into the simple and obvious. His practical book on financial business intelligence leverages the power of organized thinking and processes into corporate value creation.
This book is a significant milestone in business intelligence and a must-have reference for any business professional interested in developing financial business intelligence tools that can be readily adopted by an organization. (Edward Hwang Director of Financial Planning Earthlink, Inc.)

Product Details

• Hardcover: 224 pages
• Publisher: Wiley; 1 edition (January 18, 2002)
• Language: English
• ISBN-10: 0471155551
• ISBN-13: 978-0471155553
• Product Dimensions: 9.1 x 6.2 x 1.2 inches
• Shipping Weight: 1.3 pounds
• Average Customer Review: 2.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,559,367 in Books (See Top 100 in Books)

More About the Author

Nils H. Rasmussen is the CEO of Solver, Inc., a successful international technology company that he founded and has presided over for the past 15 years. He has led the company and its subsidiaries to complete close to 1,000 Business Intelligence implementations in more than 20 countries. His company has received several national and global awards, including Business Intelligence Partner of the Year from Microsoft. Nils is an international expert in Business Intelligence software and Corporate Futuring. He is a bestselling author and a public speaker on the subject.

Using his background from Business Intelligence and forecasting technologies as well as his passion for future studies, Nils has co-founded the Rasmussen & Schoyen Think Tank that develops methodologies and solutions to anticipate, create and manage the future. The Think Tank delivers projects such as "Las Vegas 2020", which became an official selection at the World Future Society's annual international conference in Vancouver, Canada.

Before launching Solver in 1996, Nils worked with planning and forecasting for a leading, global manufacturing company, Helly Hansen, and an international telecom company, Telenor. Prior to entering the field of software technology he co-founded a newspaper covering the job market for people seeking employment, with emphasis on forecasting future trends in the various growth sectors of the economy. He is also the co-author of "Secrets of the Executive Search Experts" - the U.S. bestselling book for companies on how to assess and recruit people -and in recent years several leading edge technology and performance management books published by Wiley & Sons; "Budgeting", "Process Improvement", "Business Intelligence" and "Business Dashboards".

Nils graduated with a business degree from University of Oregon, Eugene, Oregon and an International MBA from Thunderbird, American Graduate School of International Management in Arizona. He is a member of the World Future Society.

Personal Web-site: www.nilshrasmussen.com

Customer Reviews

Most Helpful Customer Reviews

1 of 7 people found the following review helpful:

4.0 out of 5 stars valuable resource, February 1, 2002

By A Customer

This review is from: Financial Business Intelligence : Trends, Technology, Software Selection and Implementation (Hardcover)

With financial business intelligence burgeoning as key tool in today competitive market, managers everywhere must learn how to utilize their massive quantities of information in an effective way. This book is perfect in explaining how direct the information traffic flow to key arenas where you can maximize your company's profitability.

1 of 7 people found the following review helpful:

1.0 out of 5 stars Waste of my time and Money!, December 11, 2003

By A Customer

This review is from: Financial Business Intelligence : Trends, Technology, Software Selection and Implementation (Hardcover)

I did not find this book helpful. What a share that I spent my time on this...I could just as easily gotten all of this information from the ProClarity website at no charge and in about 10 minutes.