Upping your game:Realigning the four faces of finance

Are CFOs spending their time where they want to?

Yet, just are actually doing that.

of CFOs say they should be helping shape and define their organization’s strategic direction and translating that into operational plans.

CFOs need to “up their game” by realigning finance to focus on activities that create greater value for their organizations.

DETERMINE SYSTEMS NEEDS.

INVEST IN PEOPLE.

UPGRADE PROCESSES.

CREATE A FINANCE

VISION AND TRANSFORMATION

PLAN.

STREAMLINEREPORTING.

use obsolete or fragmented systems

still rely on spreadsheets to prepare budgets

still use manual processes with no automatedcapabilities

Read the full reportUpping your game:Realigning the four faces of finance

Organizations must ensure these investments are

used to drive meaningful HR transformation—not just prop up the status quo.

of organizations have already moved finance to the cloud or are in the process of doing so.

Although many CFOs told Deloitte they had no immediate plan to upgrade finance to the cloud…

…With poorly integrated technologies and processes...Many finance teams rely on “bolt on” transactional reporting systems that require manual workarounds with a heightened risk of errors and fraud.

…Leaving them stuck on the quarterly reporting treadmill.When one period’s reports are complete, they must immediately start on the next period’s reports, leaving little time for anything else.

Most finance teams operate without systems or with outdated systems…