Finance departments are reluctant to remove humans from the financial reporting progress, but Gartner says that misses opportunities for efficiencies.
Workers want pay raises of 10% to switch employers, but companies are offering them 15% hikes: Gartner report.
Basing career culture on experiences instead of titles and promotions can lower the cost of new hires and help retain valued employees: Gartner.
Concerned about their digitalization strategies and talent pipelines, companies see the fast-changing business world as a major threat: Gartner.
In making software-buying decisions, finance organizations are too focused on gaining efficiencies and not enough on future digital needs, says Gartner.
Only one in five finance chiefs are "personally effective," according to Gartner research.
A lack of commitment to working as partners with shared services organizations dooms finance to missing out on optimizing the value of shared services.
Doing both results in significantly improved return on invested capital, Gartner advises.
Finance chiefs and IT leaders should be jointly responsible for aligning technology opportunities with business strategy.
Having finance team members support business unit stakeholders drains EBITDA, says Gartner; instead, align them with specific types of decisions to be made.
Machine learning and AI solutions are difficult to deploy, often overhyped, and may have little bottom-line impact: Gartner.
Robotic process automation emerges from the back office to take on core finance tasks.
