AGILE FINANCE:
LEADERSVS.
LAGGARDS
AGILE FINANCE LEADERS are further along the transformation journey, and are embracing a new operating model
for modern finance that is responsive and change-ready.
Agile finance leaders are more likely to use:
Integrated business services/centers of excellence
Cross-functional, skilled teams to support
business decision-makers
Cloud technology
of finance organizations surveyed could be characterized as
“agile finance leaders.”1
But the numbers change slightly when we take a closer look at the following industries:
47%
44%
40%
Higher education
Financial services
Manufacturing
only
38%
34% Retail
27% Healthcare & Life Sciences
LAGGARDSLEADERS
of leaders have fully-centralized services and centers of excellence for financial planning and analysis
81%
Leaders are more likely to ranktheir finance function’s skills level
as “excellent”:
60% 60% 55%
Data visualization
Influencing skills
Big data expertise
45%
of leaders have standardizedaccounting and related processes
on cloud ERP
44%
of leaders have implementedrobotic process automation for
routine processes
of modern finance leaders have implemented cloud-based EPM
51%
of laggards have the same
56%
Skill Level
Standardized Processes
Process Automation
Cloud-based Enterprise Performance Management
Significantly fewer laggards gave their finance function a similar ranking:
24% 21% 23%
Data visualization
Influencing skills
Big data expertise
of all other companies
Versus
17%
of laggards have embraced process automation
Only
12%
of other organizationshave done the same
Only
17%
Where are you in your journey to agile finance? Unlock the Agile Finance Revealed interactive research report to find out:
oracle.com/agile-finance-revealed
Talk to an Oracle applications specialist: 1.800.633.0723
WHAT SEPARATES THE LEADERS FROM THE LAGGARDS?
Centralization