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The Value of Collaboration for Finance

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This infographic shows key insights from a recent global survey of finance professionals conducted by CFO Publishing and sponsored by SAP.

One of the main insights for finance executives looking to transform the finance function: the value of collaboration for finance as the business partner of choice.

Veröffentlicht in: Wirtschaft & Finanzen, Technologie
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The Value of Collaboration for Finance

  1. 1. CFOresearch CFOresearch CFOresearch CFOresearch CFOresearch CFOresearch CFOresearch The Value of CollaborationFINANCE AS THE BUSINESS PARTNER OF CHOICE It’s an exciting time to be a finance professional... Finance’s mandate has expanded to include: …and it’s only getting better. Finance is taking on an increasing responsibility and control for a wide range of activities, serving as the central touchpoint for enterprise performance management. The finance professional of the future is poised to take on an even greater role in all aspects of value creation for the business. Technologically self-sufficient 43% TO LEARN MORE, PLEASE CLICK HERE. M&A 37% HR 33% LEGAL 26% SUPPLY CHAIN 25% TAX 49% RISK 47% IT 42% PROCUREMENT 40% “Finance is shifting to a business partner mentality.” “Finance is playing a more proactive role.” “Finance is the partner the business actually wants to work with.” Collaborative 41% Forward looking 39% Fortunately, 71% say that automation is a way to become more involved with operating or business units— allowing them to meet their goals. As organizations adopt leading-edge technology, finance has the opportunity to become a stronger influence on the business. The majority of respondents (72%) believe that automating more finance processes would raise the finance function's important within the organization. This innovative finance function is the partner the business needs for tomorrow. 82% say their jobs have exceeded their expectations 89% Expect finance's influence to increase 86% Expect their work to grow even more interesting, meaningful, and valuable 75% Expect to take on new responsibilities

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