New Mission for Finance Leaders
Over the next 10 years, technology will do more to change the finance and accounting organization than it has over the past 50. A myriad of advances in databases, data processing, analytics and tools addressing the user experience as well as the application of AI will free up much of the time now required by manual, time-consuming processes. These advances will allow the CFO and controller to refocus the mission of the department and will enable it to realize the ambition of finance transformation: becoming a strategic partner to the rest of the company. There are five areas most finance leaders will need to address to realize this critical transformation.