One of the challenges facing today’s finance executives in transforming the finance organization from a back office function into a successful front office strategic advisory role is a shortage of talented finance professionals and leaders. Without the necessary finance talent and an operating model to support finance transformation initiatives, it… Read More »Providing Effective Decision Support: What CFOs Need to Know
Last month, CFO Research in collaboration with the business process management firm WNS, released a report on the Finance Function’s Readiness for Change. The report is worth reading and discusses how finance organizations can prepare themselves for the corporate and market demands of the future, and help their companies realize full… Read More »Is Your Finance Function Ready For Change?
The traditional role of the finance function is that of ensuring accurate processing, accounting and reporting of financial transactions. However, in today’s volatile, uncertain, complex and ambiguous economic environment, reporting on the past is no longer enough. New advanced technologies are disrupting business models at the speed of lightning. For… Read More »Finance Transformation: From History Keepers to Future Story Tellers
There has never been an interesting time to be in finance than now. The role of finance has significantly transformed over the past years from being a back office function responsible for reporting past performance to more of a front office strategic role responsible for delivering strategic insights that enable… Read More »Transforming Finance Into a Strategic Function
Employees play an important role in helping the organization achieve its mission, vision and objectives. Today, many businesses are relying on their employees to drive business performance and remain competitive. This is contrary to decades ago where fixed assets where regarded as the main drivers of superior performance and returns.… Read More »5 Employee KPIs Every Manager Should Know