It is the best of times and the worst of times for elite finance professionals in mid- to largesized organizations. With demands for more information, faster, going nowhere but up, and finance departments playing an increasingly strategic role in determining business direction, CFOs, Controllers and their staffs are finding themselves intellectually stimulated and exhausted in equal measure.
As the volume of data continues to grow exponentially, identifying ways to efficiently and accurately provide the business insights needed for executives to make informed and timely decisions may prove to be the ultimate test. These new realities require fresh solutions; however, in too many cases, finance departments are forced to meet today’s challenges with painfully outdated technology and processes.
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