Inside the Strategy Room

170. Building a world-class digital finance function

28 snips
Aug 13, 2023
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INSIGHT

Evolving Finance Function

  • The finance function's role is evolving from past reporting to future steering.
  • It needs to navigate uncertainty and provide clarity for organizational choices.
INSIGHT

Focus on Advising

  • Repetitive transactional work should be eliminated from the finance function.
  • This allows finance professionals to focus on advising the business and strategic partnerships.
ADVICE

Technology for Finance

  • Leverage core technologies like ERPs and functional SaaS solutions for forecasting and planning.
  • Utilize tools for predictive analytics to enhance future-oriented advising.
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