As any CFO who has undertaken finance transformation knows, it is difficult and time-consuming. It requires careful planning and resources, and can be costly, especially without proper planning. But finance transformation is also critical if finance is to keep up with the changing needs and strategies of the business. Deloitte helps finance leaders address the most critical priorities in enabling the finance function to support and create value for the business — from establishing finance as a trusted partner to the business to developing a high-performance operating model, improving core processes, and managing ongoing performance.
- Finance Strategies
- M&A Finance
- Operational Finance
- Business Finance
- Service Delivery Model Design
Over three weeks in spring 2017, we conducted a survey of 30 CFOs and Finance Executives, on the subjects of Finance Strategy and Technology. Deloitte believes that Finance is in transition towards the role of Strategic Advisor, helping to grow the core business. The CFO is not just leader of Finance Operations, but more importantly acts in the role of critical sparring partner, supporter, trigger and catalyst for company-wide innovation and business growth.
From cloud computing and robotics to analytics, artificial intelligence and automation, a new class of digital disruptors is transforming how business gets done. Expect these disruptors to have a big impact on the future of finance organizations. But what exactly will their impact be? What is the future of finance in the face of these developments?
The winter and spring Deloitte CFO Surveys reveal some familiar concerns and intriguing insights into how CFOs are managing them. Geopolitical risk continues to be a top of mind issue for Swiss CFOs, and the proportion seeing the level of uncertainty in the economic and financial environment as high ticked-up one point in the spring survey, to 59%. These concerns are natural - with the 100 day milestone for the Trump presidency only just passed, in the midst of Europe’s election super year, and with Brexit negotiations only just beginning, electoral and policy outcomes in major global markets remain unclear.
Finance leaders need to constantly assess and reassess Finance strategy, improve function efficiency and challenge the organisation to deliver more, through effective Finance business partnering. Deloitte offers special programs and services to overcome the challenges Finance leaders are facing.
A series on digital transformation in finance
Looking ahead to 2018 with confidence and optimism