Financial Reporting Variance Analysis

Financial Reporting Variance Analysis

This workflow demonstrates a typical variance analysis report created by Finance teams. The process identifies corresponding Excel actions a user may take to perform the same task. Sample data represents raw Finance system accounting information, and budgets arranged in table formats. Following the cleanup and preparation of the data, data is output into multiple formats for consumption by the audience (Excel, Tableau, PowerBI shown).

External resources

• Automating Finance Analysis
• Day5 Analytics KNIME Training
• Finance Dashboarding Success Story