In an extensive survey of nearly 500 senior finance executives in large businesses and organizations across the USA and Canada, Oracle and the American Institute of CPAs (AICPA) came together to answer one central question: How can the finance function evolve to support operational agility and contribute to improved business performance?
The digital age and turbulent market conditions present opportunities and threats to everyone's business model – and no organization is immune. CFOs are increasingly tasked with transforming their companies into digital businesses, but they can't lead the way forward using legacy systems, disconnected, decentralized processes, or outdated skill sets. A new finance operating model is needed that empowers finance to be more agile and strategic, from machine learning and robotic process automation to digitize end-to-end processes, to artificial intelligence and big data analytics to see the future and act on it.
Surveying senior finance executives across five key industries, Agile Finance Revealed defines the characteristics of the new operating model. The report also highlights the traits of agile finance leaders who were adopting the key elements of that model, from centralized processes and subject-matter expertise; to cross-functional teams with new skill sets across disciplines, from data analysis and visualization to business partnering and c-suite communications.
Equipped with new cloud-based systems, structures, and skill sets, CFOs and their finance teams are empowered to successfully guide the organization through today's uncertain times, while strengthening their strategic role as co-pilot to the business.
Unlock the interactive report and use the buttons below to access the full report and discover the steps you can take to aid your own journey to a modern, agile finance organization.
