Page 71 - CMA Journal (July-August 2025)
P. 71

Budget Special
              Survey Report





               ICMA-Gallup Survey on Use of Data Analytics



                       by Finance Professionals in Pakistan






             Preamble                                          professionals in Pakistan are using data analytics.  The
                                                               questionnaire was designed by ICMA, with Gallup adding
             ICMA, in collaboration with Gallup Pakistan, conducted a   refinements to enhance its effectiveness. The survey was
             survey in July 2025 to explore how finance professionals   hosted online, shared through a group link, and also
             in Pakistan are applying data analytics.  The study   circulated by ICMA from its own platform.  To expand
             highlights how analytics is shaping decision-making,   outreach, Gallup further emailed it to over 5,000
             efficiency, and business growth in the finance sector.
                                                               individuals, including ICMA members.  The survey
             The results are published in this issue of the Chartered   remained open for six weeks and closed on August 15,
             Management Accountant Journal under the theme     2025. All responses were carefully reviewed and analyzed
             Fintech Innovations & Data Analytics.  We believe the   using statistical software. The key findings were shared
             insights will help our members, students, and readers   with ICMA, which further reviewed the report and
             better understand the adoption, benefits, and challenges   enriched it with value additions in line with its policy,
             of data analytics in today’s financial landscape.  ensuring greater relevance and insight for its members
                                                               and readers.
             Survey Methodology

             Gallup Pakistan, in collaboration with ICMA, conducted
             an opinion-based survey to understand how finance
                                                  Survey Results

             94%          of organizations in Pakistan actively leverage analytics




                                  To what extent is data analytics used in your organization?


                                                 Ɖ
                                                 ƉŝůŽƚͬ ƚ
                                               /Ŷ ƉŝůŽƚͬ ƚĞƐƟŶŐ   6.3%
                                               Ŷ ƉŝůŽƚͬ ƚ
                                                     ͬ
                                                       ĞƐ
                                                 ƉŝůŽƚͬ ƚ
                                                            Ő
                                                         hasee
                                                        phase
                                                d
                                                      si
                                                d
                                                     a
                                                d
                                                d
                                                       ionallyy
                                            Used
                                            Used occasio n  ll l ly                41.1%
                                              sed occ
                                                  occ
                                    ĨŽƌ ƌĞƉŽƌƟŶŐ Žƌ ŵŽŵŽŶ  Ž ƌŝ ŝŶ
                                                   ŵŽŶŝƚŽƌŝŶŐ
                                                     Ž
                                                     Ž
                                                     Ž
                                                     ŽŶ
                                                        ŽƌŝŶŐ
                                                        ŽƌŝŶŐ
                                                           Ŷ
                                                      Ŷ
                                                      Ŷ
                                                      Ŷ
                                                      Ŷŝƚ
                                              Ő Ž
                                              Ő Ž
                                       ƌ
                                        Ğ
                                              ŐŽ
                                         Ɖ
                                         Ɖ
                                              ŐŽ
                                            ƟŶŐ Žƌ
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                                                      iness
                                                         s
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                                  Regularly used in bussed in bussiness oriness orr  36.6%
                                                      ine
                                                      in
                                                           o
                                                         Ŭŝ
                                     ĮŶĂŶĐŝĂů ĚĞĐŝƐŝŽŶͲŵĂŬŝŶŐŶŐ
                                              ĚĞĐŝƐŝŽŶͲŵĂŬŝŶŐ
                                                 ŝƐŝŽŶ
                                                 Ž Ž
                               &ƵůůLJ ŝŶƚĞŐƌĂƚĞĚ ŝŶƚŽ ŽƉĞƌĂƟŽŶŶƐ͕   16.1%
                                                    Ŷ
                                 ƐƚƌĂƚĞŐLJ͕ ĂŶĚ ĚĞĐŝƐŝŽŶͲŵĂŬŝŶŐ
                                                           ŶŐ
                 Analytics is widely adopted across organizations in Pakistan, with 94% actively using it. 16% have fully
                 integrated analytics into their processes, 37% use it regularly to support decision-making, and 41% utilize it
                 on an occasional basis for reporting and monitoring. Only 6% remain in the pilot or testing phase.
                                                             ICMA’s Chartered Management Accountant, Jul-Aug 2025  69
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