What are the keys to transforming the finance function successfully?
CFOs need a finance function that enables the strategic ambitions of the enterprise. For most organizations today, those ambitions feature digitalization.
The imperative for finance, however, is not just to drive enterprise digital initiatives but to digitalize the finance function itself.
Watch Alexander Bant, Chief of Research for the Gartner Finance Practice, explain more about this dual transformation mandate for finance leaders.
And then download the 10 Digital Imperatives for CFO eBook.
To drive more business impact, finance functions need to refocus and restructure their operating model, processes and capabilities — and leverage more sophisticated finance analytics and finance IT.
See these additional Gartner resources for insights on transforming the finance operating model:
A driving factor for many finance transformation efforts is to drive productivity and cut costs. The best way to start evaluating the areas that need improvement is to start with benchmarking the metrics that are key to finance operational efficiency.
For more on the keys to building a more responsive finance function, download this insight: Getting faster in finance where it matters.
Analytics are increasingly key to driving good decisions. Progressive finance leaders stay ahead of — and embrace — data and analytics (D&A) innovations to build a more data-driven finance function able to generate actionable business insights that improve performance.
Download “Top 4 Data & Analytics Trends in Finance” to learn more.
Finance talent needs are shifting at a rapid pace, and it is vital to finance transformation success that finance leaders equip the finance function with next-generation skills.
For more on how to optimize and lead the finance team of the future, download this insights: Leading the Next-Generation Finance Workforce.
Business partnership activities are critical to any finance transformation. Know where, when and how to use business partners like shared services, as well as what to benchmark and how to measure success.
Watch this 1 minute insight from Gartner expert Cliff Struhar on trends and best practices impacting shared services strategy and structure.
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Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.
