Data visualization is a powerful enhancement to financial and managerial reporting. Done well, data visualization can make complex trends intelligible for non-finance professionals, direct attention when consuming complicated data and results, and drive intelligence that leads to better decision-making. The benefits of good data visualization practices are becoming especially important as the amount of data that organizations need to consume continues to increase exponentially.
This article brings together APQC’s best data visualization guidance, categorized into three simple tips for more effective finance data visualization: know your audience, select visual elements that support your data story, and keep it simple.
Discussion for each of these principles includes insights from finance leaders and data visualization experts that can help you take your data visualization to the next level.