International Journal for Advanced Research in Science & Technology

The increasing complexity and dynamic nature of modern business environments necessitate sophisticated tools for effective management decision-making.Financial analytics has emerged as a pivotal instrument in this context, offering valuable insights that inform strategic choices and optimize performance.This study investigates the role of financial analytics in the management decision-making process, highlighting its impact on decision quality and organizational outcomes.Through a comprehensive review of existing literature and case studies, the research identifies key financial analytics techniques-such as forecasting, budgeting, and performance measurementthat enhance managerial decision-making.It explores how these tools contribute to more accurate financial predictions, risk assessment, and resource allocation.The study also examines the integration of financial analytics with other management information systems and its implications for strategic planning and operational efficiency.

Publication Details

Published
2025-03-01
DOI
https://doi.org/10.48047/ijarst/v15/i01/24
Primary Topic
Internet of Things and AI
Type
article
Field-Weighted Citation Impact
0.00
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International Journal for Advanced Research in Science & Technology

Internet of Things and AI
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International Journal for Advanced Research in Science & Technology

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Abstract

The increasing complexity and dynamic nature of modern business environments necessitate sophisticated tools for effective management decision-making.Financial analytics has emerged as a pivotal instrument in this context, offering valuable insights that inform strategic choices and optimize performance.This study investigates the role of financial analytics in the management decision-making process, highlighting its impact on decision quality and organizational outcomes.Through a comprehensive review of existing literature and case studies, the research identifies key financial analytics techniques-such as forecasting, budgeting, and performance measurementthat enhance managerial decision-making.It explores how these tools contribute to more accurate financial predictions, risk assessment, and resource allocation.The study also examines the integration of financial analytics with other management information systems and its implications for strategic planning and operational efficiency.

Vol. 15(1)
Industry, innovation and infrastructure
Openalex Percentile: Top 94%
Internet of Things and AI
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