Challenge Previously, the development bank Nacional Financiera (Nafinsa) spent too much time gathering and analyzing data and producing reports. “We performed several types of daily and weekly calculations, which meant we were spending lots of time analyzing data with an unacceptable response time,” says the director of productive chains. “We set out to standardize and automate our analytics and decision-making processes.” Transformation The bank formed a selection committee to compare market-leading BI tools to applicable procurement laws. It focused on software vendors that were well positioned in the Gartner Magic Quadrant for analytics tools.

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