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Understanding Requirements and Benefits of the Usage of Predictive Analytics in Management Accounting: Results of a Qualitative Research Approach

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Business Information Systems (BIS 2019)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 353))

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Abstract

The accuracy of a forecast affects the financial result of a company. By the improvement of Management Accounting (MA) processes, the introduction of advanced technology and additional skills is prognosticated. Even though companies have increasingly adopted Predictive Analytics (PA), the impact on MA overall has not been investigated adequately. This study investigates this problem through a single case study of a German company. The interview results provide an overview of requirements and benefits of PA in MA. In the future, Management Accountants will be able to focus on business partnering, but require advanced statistical knowledge to fully benefit from PA.

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Authors and Affiliations

  1. Universität Osnabrück, Osnabrück, Germany

    Rafi Wadan & Frank Teuteberg

Authors
  1. Rafi Wadan
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  2. Frank Teuteberg
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Corresponding authors

Correspondence to Rafi Wadan or Frank Teuteberg .

Editor information

Editors and Affiliations

  1. Poznań University of Economics and Business, Poznań, Poland

    Witold Abramowicz

  2. ETSI Informática, University of Seville, Seville, Spain

    Rafael Corchuelo

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Wadan, R., Teuteberg, F. (2019). Understanding Requirements and Benefits of the Usage of Predictive Analytics in Management Accounting: Results of a Qualitative Research Approach. In: Abramowicz, W., Corchuelo, R. (eds) Business Information Systems. BIS 2019. Lecture Notes in Business Information Processing, vol 353. Springer, Cham. https://doi.org/10.1007/978-3-030-20485-3_8

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  • DOI: https://doi.org/10.1007/978-3-030-20485-3_8

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-20484-6

  • Online ISBN: 978-3-030-20485-3

  • eBook Packages: Computer ScienceComputer Science (R0)

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