In a data-rich world, boards of private companies face the challenge of effectively harnessing information for decision-making, a task made difficult by the abundance of data and the need to distinguish valuable insights from noise. Advanced analytics offer a solution by enabling the prioritization of relevant data, transforming it into actionable insights for improved decision-making speed and accuracy. Finance leaders, with their deep understanding of business and data, play a crucial role in delivering this information in an accessible format. The process involves a shift in how information is collected and presented, requiring a focus on relevant data, analysis, customized visualizations, and storytelling to convey insights effectively.

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