Creating strategic advisors of the
future in finance

The finance function is one of the most
influential arms of an organization, no
matter its size. Historically, it provided
financial data to support other key
functions, from HR to the C-Suite.
However, there is now a growing
responsibility for financial teams to
strategize and inform corporate
strategy in an agile manner.

This said, outdated legacy software and static spreadsheet applications, like Excel, made for personal productivity rather than enterprise-level datasets, are no longer appropriate tools for CFOs to position finance professionals as strategic advisors.

Organizations are generating more data than ever. With global talent shortages in their financial teams, evolving compliance and reporting standards, and long-term market volatility, CFOs require digital solutions to seamlessly navigate these issues and gain more time to focus on strategy.

The Cloud is not just a technology shift, but a paradigm shift in finance. Without advanced financial tools, financial teams can feel like they are being asked to do more than is possible with the tools they currently have, which is challenging when there is an increased need to re-forecast, plan, and budget with increased frequency.

Read on to discover how digitalization can enhance collaboration between departments and executives and breathe new life into the personas and roles within the modern-day finance function.

Read on