What is the difference between Bi financial analysis in a narrow sense and financial analysis in a broad sense?

We have done business intelligence for many enterprises BI Financial analysis project , Because it is basically like medium and large enterprises , The first business intelligence BI All projects start from financial analysis , Most of them are based on things like UFIDA NC、NC Cloud、U8、U8 Cloud、 Kingdee EAS、K3 wait .

  Visualization of financial analysis  - Parker data business intelligence BI Visual analysis platform

The business intelligence of these enterprises BI financial analysis , Basically, we can be divided into two categories , One is from the perspective of pure financial analysis , Based on the three or four major financial statements , We call this kind of financial analysis in a narrow sense . The other is the integration of industry and property , From finance to business management , We call this kind of financial analysis in a broad sense . These two different business intelligence BI What are the differences and connections between financial analysis ？

Narrow financial analysis

business intelligence BI In financial analysis , Narrow financial analysis most bosses 、 Management cannot understand , Unwilling to see , Basically, it mainly serves the financial department itself . It mainly describes the three major economic activities of the enterprise ： Financing activities 、 Investment activities and business activities , And analyze and evaluate the performance of these activities . business intelligence BI Financial analysis in a narrow sense will not involve specific business links , Just show the macro financial and operating performance of the enterprise . For example, assets and liabilities 、 Cash flow 、 Profit situation . These financial analyses are in addition to the financial department , Sometimes external investors also prefer to watch .

  Visualization of financial analysis  - Parker data business intelligence BI Visual analysis platform

I also briefly insert my personal business intelligence BI Before financial analysis , The process of learning relevant knowledge of financial analysis , Before the first knowledge of finance , I bought a lot of books about financial statement analysis in the market , There are probably dozens . I also watched many video courses , But it seems , I always feel that there is no suitable , Financial analysis books that satisfy me .

This part of the financial analysis books basically explain the analysis of the financial indicators and ratios of the three statements , But specific to how to do business with the enterprise 、 Combine operation and management , Actually do business intelligence BI Content of financial analysis , Basically very few . But later, I gradually learned more about , Just understand the manager standing in the enterprise 、 From the perspective of the operator, in addition to the basic knowledge of financial analysis , More importantly, a broad financial analysis is needed .

Financial analysis in a broad sense

business intelligence BI In financial analysis , Financial analysis in a broad sense is more for middle and senior managers of enterprises , In addition to basic financial statement analysis , It also includes a lot of financial operation analysis , For various resources of the enterprise 、 Analyze the economic benefits , Reasonably arrange production and business activities , Constantly explore ways to improve economic benefits , It is more about analyzing the driving factors behind financial performance , This requires going deep into each business unit of the enterprise , For example, manufacturing units 、 Profit center, etc .

  Visualization of financial analysis  - Parker data business intelligence BI Visual analysis platform

So business intelligence BI Financial analysis is not single line , Financial analysis in a narrow sense evaluates the financial situation of an enterprise , The broad financial analysis is to answer why , What causes it , What should we do in the future .

therefore , Plan business intelligence in the enterprise BI Financial analysis , The first thing to consider is who is the main object of financial analysis ？ It is for the financial department , Through business intelligence BI To improve the efficiency of financial analysis , It is really necessary to go deep into the daily operation and management of the enterprise and each specific business unit , Combine the financial statement data to reveal the reasons behind the data .