A software CFO prioritizes cross-training, embedding staffers in each company unit, readiness to handle cost overruns, and formal out-of-budget requests.
Finance departments are reluctant to remove humans from the financial reporting progress, but Gartner says that misses opportunities for efficiencies.
Basing career culture on experiences instead of titles and promotions can lower the cost of new hires and help retain valued employees: Gartner.
A lack of commitment to working as partners with shared services organizations dooms finance to missing out on optimizing the value of shared services.
While artificial intelligence is commanding great attention, finance departments should aim to maximize their use of earlier technologies.
Digitization is forcing finance chiefs to shed some old habits.
