Tag Archives: Finance Transformation

Finance and Enterprise Performance Improvement

In the past several years, the role of finance in business has significantly transformed from being a back office, desk-bound, number cruncher into a more broader, stakeholder-engaging and advisory role responsible for influencing strategic and operational decision making and improving enterprise performance. Thanks to new innovative digital technologies and business operating models, CFOs and their… Read more »

Finance as the Custodian of Enterprise Performance Management

The days of having CFOs responsible for only preparing the statutory financial reports of the business and play the role of the bookkeeper are long gone. Today, finance leaders are expected to play the role of the strategic advisor to senior management and the board,and help drive operational and strategic performance across the enterprise. That… Read more »

Finance Needs To Do More Than Prepare Reports

There is an ongoing discussion about the evolving role of finance and the function’s contribution towards enterprise performance improvement. Thanks to new operating models and emerging technologies, finance has been presented with an opportunity to step up and shine. That is, focus more effort on providing effective decision support that drives organizational success and less… Read more »

Migrating From On-Premise to Cloud-Based Solutions

Gartner forecasts cloud computing to be a $278 billion business by 2021, as companies increasingly adopt cloud services to realize their desired digital business outcomes. In a separate survey of 439 global financial executives, the research company found that finance is moving to the cloud much faster than expected. By 2020, 36 percent of enterprises are… Read more »

Delivering Reliable Insights From Data Analytics

Data and analytics are becoming increasingly integral to business decisions. Organizations across all sectors are leveraging advanced real-time predictive analytics to balance intuitive decision-making and data-driven insights to monitor brand sentiment on social media, better serve their customers, streamline operations, manage risks and ultimately drive strategic performance. Traditional business intelligence reporting tools with static charts… Read more »