Only 25 percent of 300 C-level executives believe their companies have the necessary business intelligence software to support the latest needs of their firms, SAS and BetterManagement.com say.

The two companies conducted the survey.

On another question, 81 percent of the executives said they view
chief financial officers as being “trusted” advisors.

The survey was conducted in September.

The executives not satisfied with business intelligence at their firms said the technology in place ” doesn’t allow them to effectively identify and exploit revenue opportunities, evaluate performance across the enterprise or identify operating-level changes that would optimize overall performance,” SAS said in a statement.

Eighty-eight percent of the respondents said sophisticated analytics and predictive planning as important or very important. A nearly same percentage said such results were difficult to achieve with current resources.

For a summary of the survey results, see: www.sas.com/solutions/financial/survey.pdf