Today’s conditions are anything but ‘business as usual’, with recessionary fears growing and digitally-savvy business practices shifting market share faster than ever. To navigate through these tumultuous waters, CFOs will need to operate a different type of finance function. In this report, Criticaleye Partner, TCS, explores how CFOs can act as catalysts for an agile finance function and respond to new opportunities and threats without delay.
Key takeaways include:
Agile leaders can access between 90-100 percent of their company's key operational and financial performance data and act upon their insights with immediate effect.
Under half (44 percent) of agile leaders are confident that blockchain technologies will have a positive impact on their financial planning and analysis capabilities.
TCS found that 36 percent of companies have skill shortages in forecasting and so, senior leaders must continue to invest in improving the skills of Finance professionals.
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