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AccountancyAge spoke with Michael Jeffery, head of analytic pre-sales and financial performance management at MHR Analytics, and James McEntee, managing director of Tagetik UK, to discuss how data will help firms plan for recover, and technology’s place as ESG disclosures grow in importance.
How will data help corporates as the global economy moves towards recovery?
McEntee: One of our customers is based in hospitality. Not only are they struggling because of lockdown with their bars and restaurants not being able to open but also because of the lack of predictability for the future. Using data and planning solutions, as soon as they hear of any changes – like when the government releases new information – they can then start modelling that information, to gain perspective on the impact on their bottom line.