Whether you’re in
banking
, insurance, trading or wealth management,
you can get instant answers with ThoughtSpot. Below are a few
use cases by role.
Mortgage Broker
Increase revenue and upsell opportunities with instant access to the status of customer loans, product type and overall portfolio mix across channels on a daily basis.
Bankers
Get instant answers about transactions, deposits and loan data across each client to identify key customer insights and provide personalized customer experience.
Traders
Deliver results with immediate access to dozens of sources on securities data to determine accurate price estimates for every trade.
With ThoughtSpot, you can search to analyze billions of rows of data from any source - from stock prices, to loan rates, social media posts, even connected devices - in seconds.
It’s time to get off the hamster wheel and discover the modern cloud data stack that will unleash a world of limitless insights.
Learn how innovative organizations are incorporating cloud technologies into their analytics strategies to get a 360 degree view of their customers and products.
See how ThoughtSpot Embrace lets you run queries directly in your Synapse cloud data warehouse to give you the most up-to-date insights.
Financial analytics is the process of investigating
a business’s financial data through analytics in
order to assess its financial health and optimize
its financial performance. Financial analysis and
analytics starts by collecting financial data about
a business. This data can take a variety of forms,
but common examples include information like revenue
reports, sales, budgets, and financial statements
about existing assets.
Once this data is collected, and centralized in a
cloud data platform like
Snowflake,
Databricks,
Google, or
AWS, this data is then
analyzed to find trends, identify insights, and
drive actions. Ideally, the analytics happens
directly in this data so finance professionals and
others who rely on financial analytics have
accurate, up to date information as fresh as the
underlying data.
Financial analytics is critical to a business, as it
informs and shapes the vast majority of business
functions. Done correctly, financial analytics not
only helps organizations control costs and operate
efficiently, but identify new opportunities for
revenue growth. Everything from which marketing
campaigns to run to which products to build (or buy)
is rooted in financial data. This data can be
complex due both to the variety of sources involved
and the volume of data from those sources, and
exacerbated by data silos that hinder businesses
from seeing a true, 360 degree view of their
business.
With the right data stack, made consumable through
self-service analytics
, however, your finance team and broader business
users can leverage financial analytics to ensure
they glean all of the insights possible from the
financial data they generate. In turn, they can
improve business processes, make better decisions,
plan for the future, and manage risks.
Financial analytics software typically includes
features that help businesses analyze complex
financial data and derive useful insights. Popular
features include budgeting, forecasting, real-time
reporting, customer segmentation, profitability
analysis, risk management, pricing optimization, and
enterprise-grade data governance. Companies finding
ROI from financial analytics software tools also
cite the ability to expose data to every kind of
business person, not just data analysts or technical
power users, through the ease of search as a core
feature.
These findings are then made interactive, enabling
users to drill endlessly into their insights,
whether in a report, data visualization, or
dashboard. The most valuable financial analytics
software technologies incorporate artificial
intelligence throughout the platform, helping to
detect anomalies or outliers that may have otherwise
remained buried in reams of financial data.
Thoughtspot is a powerful tool for financial
analytics, offering many advantages to businesses.
It helps organizations make faster and more informed
decisions about their finances by providing insights
into an entirety of a company’s financial data.
Using ThoughtSpot’s analytics platform, users can
quickly analyze and extract insights from even the
largest datasets, saving them time and energy when
working with financial data. It also allows users of
every skill level to explore new trends and
correlations by easily creating visualizations.
These visualizations can be shared quickly, giving
teams the ability to collaborate and act on insights
more effectively.
ThoughtSpot’s built-in artificial intelligence (AI)
tools, called SpotIQ, take
this further. With ThoughtSpot, companies can
optimize financial performance and identify new
opportunities, manage operations, and mitigate risk.
Because ThoughtSpot runs directly in a cloud data
platform, every insight and action is as up to date
as an organization’s data. With ThoughtSpot Sync,
insights discovered in financial data can be pushed
into other applications to trigger actions, helping
you build a truly data-driven organization.
Overall, Thoughtspot is a powerful tool for
financial analytics that can help businesses gain
valuable insights and make more informed decisions.
It offers a wide range of features that make
financial analysis easier, faster, and more accurate
than ever before. With Thoughtspot, businesses can
take control of their finances and confidently
explore new opportunities.
ThoughtSpot Team Edition is available at a flat $95
monthly subscription. You can easily sign up from
our Free Trial and pay using a credit card. Once you
subscribe, you will be billed $95/month until you
cancel.
For other product editions, ThoughtSpot uses a
consumption-based pricing model that lets you pay
for what you use. Your annual contract consists of a
base package that includes a set of credits that
lets you execute a certain number of queries against
a data source. You can purchase additional credits
as part of your contract if you need more.
No. Unlike other products, our pricing model uniquely lets an unlimited number of users access ThoughtSpot.
You are billed a flat $95 monthly fee for Team Edition. There is no annual subscription option for Team Edition. Other ThoughtSpot product editions are licensed via annual contracts.
Contact us and tell us what you need and we can help you find the right solution.