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Vendredi 6 Décembre 2013

The Financial Year Links | Finance Transformation: One in Three Attempts Succeed

Executive Board.

Finance transformation; everyone is doing it but few get it right.

Butterfly Emerging Chrysalis TransformationCEB research finds that three quarters of large global companies are, or have recently, undertaken a finance transformation. CFOs like the idea of transformation because Finance is in a difficult, perhaps unwinnable, situation. As the global economy emerges from a period of severe economic and political instability, the finance department must provide significantly more support to the business. This increase in volume demand is happening in an environment with significantly higher complexity and under the premise that Finance should continue to reduce costs as a percentage of revenue. For many companies, transforming Finance is the only sustainable option.

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