Data analytics continues to rank as most important technology in driving growth
Key takeaways
The shortage of skilled labor has been the main barrier to growth over the past 18 months
Most companies have already implemented or plan to implement new technologies to improve their tax/accounting processes
Survey reveals how corporate boards view the digital imperative
RSM US LLP and Corporate Board Member surveyed over 200 executives about the importance of digital innovation and strategies. The results are analyzed in the Transformation Imperative report, which offers a detailed look at the challenges and opportunities of embracing digital solutions.
According to the survey, a majority of board members say that of all the technological capabilities available today, the most important to their organization is data analytics. Surveyed directors say that their organizations have increased the use of data to inform strategy, and most say that their company’s efforts to collect customer data has accelerated over the past two years.
The Transformation Imperative report discusses how data analytics can offer direct insight into what concepts are working and which are lacking—crucial information for any successful organization. For companies seeking to innovate, the use of data analytics can reveal whether an idea should be advanced or abandoned.
To find out more about how companies are embracing data analytics, and to learn about other vital aspects of the digital imperative, download the full report.
Leadership. Data optimization. Two key concepts. One free guide.
Technology is a critical component for making data-driven decisions, but it isn’t the only one. In our Leading with data-driven decisions guide, we’ll help you decide how to move forward with data-driven decisions with helpful tips and Q&As.
RSM provides updated guidance for board members and audit committees serving public and private companies
Latest insights
For too many boards, the audit committee remains a catch-all for issues that don’t seem to fit. Directors share strategies for challenging the status quo.
Ideas and analysis
Stay on top of changes and updates to financial reporting with help from our accounting thought leaders.
Webcast series
Each quarter, our leaders update businesses on recently issued and proposed accounting guidance.
