How Integrated Planning Plays a Key Role in Digital Transformation
Advance your Digital Transformation journey with the right strategy and integrated planning
Digital Transformation undoubtedly continues to have significant influence on finance departments, but it also creates the opportunity to increase impact across other functions and units of the organization, thus becoming a more strategic partner. Digital Transformation keeps on challenging CFOs and their teams, as it pushes them to optimize key processes (including planning, reporting and analysis) as well as stay updated with dynamically changing technology.
In order to successfully proceed with digital transformation, finance must recognize and understand that their role and responsibilities are changing. Besides traditional functions such as accounting, controlling, financial close or M&A, today’s Office of the CFO is increasingly expected to deliver insights and support decision-making with advanced analytics. Nowadays, finance is not only supposed to deliver statements, but proactively contribute to the improvement of enterprise performance by helping manage volatility, complexity, and uncertainty.
Key Takeaways from our report:
– Key assumptions and considerations for the Digital Transformation journey
– A new role of finance
– Setting a clear finance agenda
– The opportunities and advantages within Digital Transformation