Tag: future of the finance function

How can CFOs convince the board to invest in finance innovation?

Today’s discerning consumers have come to expect a high level of service and convenience – from targeted shopping suggestions to smart-home assistants and one-click ordering. But businesses have forged ahead with these front-end innovations without a backward glance at the back-end systems expected to support them. Many finance functions are in desperate need of technological … Continued

Underinvestment in finance – The business risk and the absence of rewards

Finance functions have suffered chronic underinvestment for many years. Compared to the front-facing customer functions, finance, and the back office that facilitates sales, are under increasing pressure as businesses grow and change. Putting finance investment on the backburner isn’t just an unnecessary business risk, it also means missing out on the substantial rewards of an … Continued