Something to Consider November 2019 3
As businesses grapple with global economic uncertainty, an increasingly technology-driven world, changing consumer preferences and other factors that affect corporate performance, CFOs have an opportunity to take on a more strategic role and guide their companies to success.
In a survey by the Economist Intelligence Unit, 60% of CFO’s lack complete visibility into transactions in their organization.
76% of respondents cite leveraging new technology or improving processes as top ways organisations can better help execute corporate finance strategy.
The top 3 key findings of the report are:
- Strategic CFOs break down silos to gain visibility across departments
- Technology and process improvement are central to risk, capital and cost management
- Business performance risk is the top financial threat over the next two years
You can find a full copy of the survey results and insights here
Our ‘Something To Consider’ snippets are framed as small, digestible, ‘dashes of insight’ around the pillars of what we define as “World Class Finance” – Process Optimization, Financial Control and Compliance, and Risk Assurance, all underpinned by technology enablement and integration.