HAVE WE SACRIFICED FINANCIAL PLANNING AND ANALYSIS ACCURACY IN FAVOUR OF SPEED? The second infographic from our “Agility in Planning, Budgeting and Forecasting” research shows that forecast accuracy is getting worse – this despite many organisations forecasting more quickly. So, do we place too much importance on process automation and neglect forecasting accuracy? And why … Continued
HOW AGILE IS YOUR FORECASTING PROCESS? Following one of our largest and most insightful research studies yet, FSN and its research sponsors, (Alteryx and Aimpoint Digital, Insight Software, Prophix and Workday) are pleased to bring you over the coming weeks, a series of infographics, webinars and other activities depicting some of the key findings. In … Continued
WHAT CAN BUSINESS LEARN FROM MINECRAFT? I’m not a great fan of computer games, but with more than 91 million monthly active users of Minecraft and 250 million downloads, others apparently are. Microsoft paid $2.5 billion for the wildly popular game but it could have profound implications for the business world if Microsoft can join … Continued
Earlier this week I came across a finance professional who called herself a Digital CFO. The obvious question that ran through my mind is, what is a Digital CFO and, if I am not a Digital CFO does that make me an Analogue CFO? In recent months we have probably all seen the market whip … Continued
Dear Robert, As we enter 2021, I am writing to urge you to take a fresh approach to our investment in finance systems. We can be proud of what we have achieved this year in the most demanding of circumstances. As a management team, we kept our staff safe, we became more closely bonded and … Continued
The 5th Infographic in FSN’s newly released research shows how successful automation leaders approach finance process automation compared to those CFOs that have not succeeded in bring about significant change. Why is this important? Because FSN’s research shows that in almost all respects, automation leaders were less affected by COVID disruption and are more agile … Continued
The 4th Infographic in FSN’s newly released research shows that 46% of finance automation initiatives failed to improve process efficiency and throughput! And 45% failed to remove mundane and manually intensive work. So the key question is, why are we failing to meet our automation objectives and how can we turn the tide? Join the … Continued
The 3rd Infographic in FSN’s newly released research shows that 99% of finance functions have already decided where they are going to be working from for the foreseeable future. And with 62% expecting a combination of home working and working in the office, that has profound implications for core finance processes. The key question is, … Continued
This 2nd Infographic in FSN’s newly released research shows that budgeting, planning and forecasting (BPF) was by far the most disrupted of the core financial processes. But why? 1. It was the go-to process during the crisis. Crucial for getting a handle on likely shape and direction of the business. 2. FSN’s research shows that … Continued
The first in our series of infographics from FSN’s newly Released Research into the “Future of Finance Process Automation”, points to significant delays to finance automation projects and some cuts in project funding. But the same research points to the huge potential for automation and the need to revise processes. So, can the delays be … Continued