Data analytics finds the stories hiding in your data.
When most people think of data analytics, they think of dashboards and reports. But data analytics can be so much more. Done right, data analytics helps organizations make better decisions, create strategic advantages and, as a result, achieve their objectives. Whether it is a business intelligence platform to provide transparency into key metrics for executives and managers or a fraud, waste and abuse detection system, data analytics can extract the critical stories lying in your data.
Data analytics services
Organizations that want to improve operational performance by providing more transparency into organizational performance for management and key staff
Organizations with complex and/or automated business processes involving accounts payable, accounts receivable, payroll, etc.
Organizations that cannot effectively segregate duties to manage their financial risk
Design and implement reports and dashboards that help your staff monitor progress against key metrics and help boost organizational performance
Detect transactions that may signal fraud, waste or abuse occurring within the organization and deter future instances of fraud, waste or abuse by current or future employees
Data analytics to make better decisions — Business Intelligence (BI)
What if your organization started thinking beyond standard Excel reports? What if your leaders had a better understanding of the current business environment? Our professionals have the business acumen and technical skills to help you build out a business intelligence platform that will enable your organization to make better decisions.
At AGH, business intelligence is more than a weekly Excel report or dashboard. Business intelligence is about providing actionable data, on demand, in a collaborative platform, so your organization can make better decisions. AGH has experience, ranging from the board level to management, assisting clients with identifying key metrics driving performance, pulling the data underlying those metrics, and providing real-time feedback about the performance on those key metrics through data visualization. Just as important, we have developed a process that is tool agnostic. So whether you're a fan of Tableau, Microsoft's Power BI or even Excel, AGH has a process that can help you maximize the potential of your organization.
Data analytics to detect potential fraud, waste or abuse
What if you knew with more certainty your financial forecasts were more accurate? What if you could take on new projects knowing critical dollars are not leaking out of your organization from fraud, waste or abuse? AGH has developed a process that allows you to tap into our vast accounting and analytics experience.
Between automation, data overload, and leaner accounting staff, it's becoming easier for employees to hide wasteful, and even fraudulent, spending. By implementing a proactive data analytics process to analyze every transaction in your organization, you can better mitigate that risk. The Association of Certified Fraud Examiners' Report to the Nation found that fraud victims who had proactive monitoring in place saw a 60% decrease in the duration of the perpetrated fraud, resulting in a 50% decrease in median loss. This service can serve as a real-time fraud, waste and abuse detection system and as a deterrent to would-be fraudsters in your organization. At the very least, implementing this service provides peace of mind for leadership to know even innocent mistakes are no longer costing the organization.