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
Business cases can be tricky to get right. It calls on a lot of different skills – writing, presentation, budget management, even sales skills – to create a strong case for the project, its scope, benefits and the funds allocated to it. It requires good knowledge of all the key stakeholders on the project, and how … Continued
Over the last few weeks I have spoken to a number of CFOS as they seek to manage the impact of the COVID crisis. Precious time was lost as CFOs struggled to reforecast their businesses using hastily assembled spreadsheets that had to be populated from scratch. And precious insight was lost because there was no … Continued
With face-to-face meetings no longer an option (currently), working from home requires the use of different tools to maintain productivity and effectiveness. Thankfully, there are plenty of options that you can take advantage of, so if you’re not quite sure where to start, check out my suggested go-to digital tools below. For online 1-2-1s, team … Continued
Tip 1: Get organised! The #1 success factor for working from home is planning. Preparing a structure for the day is the best way to drive output, particularly as you adjust to working in a different environment from the office. Start the week as you mean to go on and set out your most important … Continued
For the past decade, the finance function has been singularly focused on turning itself into a strategic powerhouse, but in a zero-sum game, it has also been fighting for a share of investment in new systems and resources. Indeed, FSN’s research finds that only 12% of investment in innovation is finance inspired and many CFOs … Continued
Collaborative enterprise planning is the process of connecting and aligning plans from all departments and business units across an organisation. It breaks down silos and brings teams together to collaborate on plans and drive better business outcomes. The case for involving more stakeholders, from across the enterprise couldn’t be stronger. For example, FSN’s research, The … Continued
In today’s turbulent markets, ‘speed to insight’ is incredibly important, yet combining speed and insight has proved elusive for many enterprises. In the face of uncertainty many companies are reforecasting more frequently (71% reforecast more than twice a year) but FSN’s research, The Future of Planning, Budgeting and Forecasting, finds that such an approach is … Continued
Thousands of column inches of press coverage are dedicated to the ‘miracle’ of Artificial Intelligence (AI) and how this technology is transforming many industry sectors, from medical diagnostics, through to autonomous vehicles and smart homes. Few doubt the impact that AI could bring, but many CFOs are only starting to grapple with its potential. Automation … Continued
It’s official – CFOs are now putting their full weight behind the cloud. The findings of FSN’s “Future of Finance Systems” research, released this month, finds that a resounding 80% of senior finance professionals expect to have all or the majority of their finance systems in the cloud within the next 5 years. Only 8% … Continued