DATA ANYAL - EKSH DATA ANYAL - EKSH.pdf · Study systems, interview stakeholders, understand vision...

DATA ANALYTICS

SEAN MCBRIDE PARTNER JANUARY 2017

AGENDA

Introductions Sean McBride Bob Hottman Kreg Brown

EKS&H then

EKS&H now

The case for data analytics

Lessons learned

THE YEAR WAS 2013

MT1

Slide 3

MT1 Mike Tagtow, 1/10/2017

EKS&H 2013

Audit Tax

Consulting

500 Employees

55 Partners

3 offices in Colorado

Business Technology Services

• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects

WHAT OUR CLIENTS WERE TELLING US IN 2013

We are data drivenbut data starved.

I need the data at my fingertips.

I don’t want tospend every weekend draggingdata out of Excel.

Our reports don’t work.

We have new statutory data requirements that we are unable to meet.

SO WE ACQUIRED A DATA ANALYTICS FIRM

Feb 2014 – Acquired Infolink Consulting

30-person Denver-based data analytics firm Business Intelligence Data Integration Performance Management

Technical and cultural fit

Included a sales organization

Infolink folded perfectly into the Consulting Business Technology Services (BTS) organization

EKS&H NOW

Audit TaxConsulting

• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects• Cyber Security

Infolink Consulting• Business Intelligence• Data Integration• Performance Management• Training

Business Technology Services

700Employees

69Partners

5 offices in Colorado and California

EKS&H NOW

700Employees

69Partners

5 offices in Colorado and California

• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects

• Cyber Security• Business Intelligence• Data Integration• Performance Management• Training

Audit TaxConsulting

Business Technology Services

WHAT OUR CLIENTS STILL TELL US TODAY

We are data drivenbut data starved.

I need the data at my fingertips.

I don’t want tospend every weekend draggingdata out of Excel.

Our reports don’t work.

We have new statutory data requirements that we are unable to meet.

OUR CLIENTS NEED BUSINESS INTELLIGENCE Business Intelligence (BI) is the presentation of data into meaningful information

to help businesses make decisions

Reports, dashboards, scorecards, data visualization

EKS&H implements BI projects using a variety of tools, including Tableau, Cognos, and Microsoft

We resell software if applicable

Services include: Discovery BI architecture Installation and configuration Report development Training

BENEFITS OF A PROPERLY IMPLEMENTEDBUSINESS INTELLIGENCE SOLUTION

Single version of the truth

Everybody is working from the same information

Self Service

For ad hoc reporting and analysis

Business User friendly solution

Minimize reliance on IT

Visualization of data

Trends, Outliers

Drill to detail

Any format, any time

Mobile, iPad, offline access

BUSINESS INTELLIGENCE

LOOKS GREAT, BUT IN THE REAL WORLD…DATA ISSUESMost organizations collect an enormous amount of data – “silos of data”

Need to combine data from multiple systems for in-depth analysis

Dirty data “Sean McBride,” “S. McBride,” “Sean Patrick McBride”

Data needs to be cleaned, structured, and organized before it should be included in reports and dashboards

HOW DOES EKS&H HELP WITH DATA ISSUES?

Data Integration (DI) – the movement and manipulation of data to enable business decisions

Typically the creation of a data warehouse

Improving data quality by cleansing data

Starts with an assessment Best practices for successful BI and DI project Study systems, interview stakeholders, understand vision Short engagement to provide roadmap and project plan Provide estimated implementation effort

PERFORMANCE MANAGEMENT

700Employees

69Partners

5 offices in Colorado and California

• Managed Services• Software Selection• Project Management• IT Strategy• IT Projects

• Cyber Security• Business Intelligence• Data Integration• Performance Management• Training

Audit TaxConsulting

Business Technology Services

PERFORMANCE MANAGEMENT

Performance Management is a term often referred to when discussing planning and budgeting solutions

Initially, most organizations do planning and budgeting using Excel

As companies grow, Excel becomes challenging to manage More users, more complexity Consolidating large number of workbooks Error prone and time consuming Overwriting cells, formulas

PERFORMANCE MANAGEMENT

Performance management solutions are purpose-built database-driven applications that provide: Workflow (who has started the budgeting process?, who has

completed it?) Consolidated information available real time What-if analysis (what if I increase the budget by 4%?...) Financial reporting Improved support of planning process

BENEFITS OF ADDING DATA ANALYTICS TO THE EKS&H OFFERING

Help our clients make better decisions

Cross-selling opportunities with other EKS&H services

Increased pipeline – everybody needs data integration help

Stay ahead of the competition

We use these practices internally to run our business

Additional revenue stream

WHAT WE’VE LEARNED Innovation in technology outpaces

most other areas

Tools and applications are getting easier for business users (less consulting required)

Tax/Audit doesn’t easily understand technology consulting

Technology consultants don’t easily understand Tax/Audit

Cultural match between organizations is key

Must be nimble and adjust to change

QUESTIONS/CONTACT INFORMATION

Sean McBridePartner

EKS&H Consultingsmcbride@eksh.com

303-796-4311