To a greater extent than ever, finance leaders are having to navigate among conflicting priorities as they seek opportunities to achieve growth relative to their competitors while mitigating risks and controlling costs.
The more CFOs perceive that they need to fulfill goals that are at odds with one another, the less able they are to evaluate, let alone influence, their companies' performance. According to the Economist Intelligence Unit, which surveyed more than 500 finance executives throughout the U.S., U.K., and Europe, business performance risk represents a top concern among finance executives for the present and for the next two years.
But by applying the latest advances in digital transformation, most notably in the areas of automation, cloud-based network architecture, and artificial intelligence, CFOs can align conflicting priorities by focusing on analysis rather than reporting. In so doing, CFOs not only gain visibility into their companies' current performance; they also enable their companies to recognize opportunities, as well as anticipate risks, sooner than their competitors.
During this Webcast, we will discuss:
- How CFOs can break down silos to achieve visibility into their organizations' overall performance,
- The CFO's role in enabling a company to apply the latest advances in digital transformation to identify, as well as respond to, opportunities and risks that competitors miss, and
- How finance leaders can recognize and overcome obstacles to fulfilling their organizations' overarching performance goals.