How Finance Can Build a Data Foundation to Fuel Frictionless Finance

Global organisations across industries are looking to accelerate their digital transformation efforts. With that in mind, data will be a significant focus for Finance leaders and is likely to remain a key priority for the next three years. In this report, Criticaleye Partner, Workday, reveal the results of their CFO survey into the biggest gaps organisations have experienced in the past year.
 
Key takeaways include:
  • The biggest gap 49 percent of CFOs saw over the past year was the ability to execute with accurate, timely data that drives quick, informed decisions.
  • Data management and analysis are 49 percent of CFOs’ top priorities for the next 3 years.
  • Nearly two thirds of CFOs (60 percent) are investing in reimagining Finance operations in the cloud and deploying artificial intelligence/machine learning solutions.
  • Predictive analytics is the most sought-after automation capability for 50 percent of CFOs.
  • Delayed product launches and missed financial forecasts were the result of not having the necessary data to make critical business decisions, according to 52 percent of CFOs.
 




Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Inspiring Leaders Podcast: Su...

Martin Balaam, CEO of Pimberly and Jacqui Summons, NED/Fractional CHRO join Criticaleye's Senior Editor, Jacob Ambrose Willson to explore the demands of private equity ownership from driving value creation and manag...

Click here to download this insight
Bringing Appreciation to Life

When it comes to employee appreciation, the most successful organisations find ways to address a wide range of their employees’ needs. This report by Criticaleye Partner Reward Gateway | Edenred explores...

Inspiring Leaders Podcast: Fr...

Tea Colaianni, Senior Independent Director at Watches of Switzerland and portfolio Non-Executive Director, shares her journey from Chief People Officer to the Boardroom and the unique strengths HR leaders bring as NEDs....


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 393




Workday Eightfold AI Legal & General AlixPartners Rolls-Royce Drax Group plc Google IBM Consulting Worldpay London Stock Exchange Group GlaxoSmithKline plc Lightsource bp Salesforce FTSE Women Leaders Review Palo Alto Networks British Land NATS Aldermore Group Accenture NatWest Group Concentrix Hitachi Solutions E.ON UK