7. Segment analysis
Breaking down financial data into segments, like product lines, departments, or geographical locations, can help you identify key insights. It will be able to point out which segments are performing well and which are not. It helps businesses to use resources more effectively and develop strategies according to the specific needs of the market.
8. Visualize Your Data
Financial data is well represented by visualization. Charts, graphs, and dashboards help illustrate difficult-to-understand information, so the audience may recognize what the information conveys and be able to digest it easily. A simple presentation can point out what key trends and insights appear. The tools include Tableau or Power BI for you to improve dynamic, interactive visualizations