Your Business News
How to prepare for the data-driven future
October 12, 2023
Authored by RSM Canada LLP
Ian L. FitzPatrick, CPA,CA, CBV shared this article
ARTICLE | October 12, 2023
To stay competitive, grow opportunities and ensure the security of their data and proprietary information, leadership teams need to make data-driven decisions. But without robust data, strategic growth is limited.
As a midsize organization, how can you be sure that you’re collecting the right data quickly enough—and that you’re getting the most out of analyzing it? The answer lies in how you approach your digital transformation.
If you’re seeking to upgrade your on-premises and legacy systems, you’re in an ideal position to take advantage of technologies such as artificial intelligence (AI), machine learning (ML) and predictive analytics to support data collection, visualization and analysis. In addition, technology can help you attract top talent, improve employee experience, and provide greater security and data access.
The following five actions help ensure that your organization’s digital transformation will empower your continued growth.
Preparing for the data-driven future
Becoming a data-driven organization isn’t something that happens overnight. It starts with a mindset that technology reduces the time spent on essential but non-revenue producing tasks, and it transforms transactional and other data into insights that drive decision-making on a daily basis.
With the right digital road map for your business, you can more easily leverage technology and data to drive business decisions and better understand and serve your customers.
Call us at 1 855 363 3526 or fill out the form below and we'll contact you to discuss your specific situation.
Source: RSM Canada
Used with permission as a member of RSM Canada Alliance
RSM Canada Alliance provides its members with access to resources of RSM Canada Operations ULC, RSM Canada LLP and certain of their affiliates (“RSM Canada”). RSM Canada Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM Canada. RSM Canada LLP is the Canadian member firm of RSM International, a global network of independent audit, tax and consulting firms. Members of RSM Canada Alliance have access to RSM International resources through RSM Canada but are not member firms of RSM International. Visit rsmcanada.com/aboutus for more information regarding RSM Canada and RSM International. The RSM trademark is used under license by RSM Canada. RSM Canada Alliance products and services are proprietary to RSM Canada.
FCR a proud member of RSM Canada Alliance, a premier affiliation of independent accounting and consulting firms across North America. RSM Canada Alliance provides our firm with access to resources of RSM, the leading provider of audit, tax and consulting services focused on the middle market. RSM Canada LLP is a licensed CPA firm and the Canadian member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM Canada Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
For more information on how FCR can assist you, please call us at 1 855 363 3526