Three Reasons Why Finance Transformation is Back in Vogue

Mary Driscoll's picture

Finance process improvement is back in full swing—or is it? Some would argue that it’s not back, per se; they’d say it never left. Surely they are thinking of companies run by CEOs with the will to make process excellence a cornerstone of competitive strategy. But what about those without such support? Preliminary APQC research says finance process improvement is a compelling issue for most. Three reasons stand out.

Three Things I Learned at Strata+Hadoop World

Michael Sims's picture

As I mentioned a little over a month ago, I was pretty excited about the chance I was given to attend the Strata+Hadoop World conference in San Jose. It turns out that that anticipation was justified.

Why Integrated Business Planning Gets Tougher as Complexity Grows

Becky Partida's picture

Many organizations have adopted integrated business planning (IBP), but these organizations often don’t realize its full potential. IBP takes sales and operations planning to the next level by incorporating finance and senior leadership. APQC recently asked Dean Sorensen of IBP Collaborative about what prevents manufacturers from adopting fully integrated IBP and how they can move past common mistakes to obtain the full value of integration.

Analytics Maturity: Getting the Intersections Right

Mary Driscoll's picture

In any organization, during the early stages of building analytical muscle, there will be competing views on what the maturity ladder looks like. To sort out what’s what, start with a common language for describing how analytics will serve strategic aims of the enterprise as a whole. Avoid being fenced in by groups of skunk works going after radical but narrow innovations. Beware as well that some people speak only in the dialects favored by the IT profession.

Microsoft Finance: Digital Transformation Takes Form

Mary Driscoll's picture

I read everything I can get my hands on when it comes to financial management process change and improvement. I consume both the magnificent and, out of necessity, the mundane. A recent article falls into the magnificent category: Microsoft Finance and the Journey to Digital Transformation.

Eagerly Anticipating My First Data and Analytics Pilgrimage

Michael Sims's picture

As part of my professional plan this year, one of my goals is to increase my expertise in the area of analytics. That’s why I decided to ask my manager to send me to an analytics conference. What better way to bolster my analytics knowledge than to surround myself for 48 hours with world-renowned analytics experts from every industry?

Cognitive Computing and Analytics Will Bring Big Changes

Carla O'Dell's picture

Cognitive computing will be as disruptive to organizations in the next decade as social media was in the last. Maybe more. 

Cognitive computing, along with its engines machine learning and predictive analytics, will radically transform the way we interact with content and each other in our digital lives. Content management, collaboration and the entire search experience will change and become more personal, more customized, and more automated.

Cybersecurity, Blame IT at Your Peril

Michael Cappelli's picture

It is easy to think of cybersecurity as the domain of IT, but with the number of electronic and networked devices needed for day-to-day business tasks multiplying, that is an old way of thinking. Cybersecurity is everyone’s job and a failure to prepare hurts the organization’s bottom line. CFO’s can play an important role in this by taking on a stronger leadership role in preparing for cyber incidents.

So “Algorithm” Is NOT a Musical Term? The New Vocabulary of Analytics

Michael Sims's picture

What’s the first thing that pops into your head when you hear the phrase “data and analytics”? For me, it’s numbers. Numbers being crunched, twisted, and spit out by a large mainframe computer in a heavily air-conditioned room.

What did you think about?

World Economic Forum: Global Risks Worsening

Mary Driscoll's picture

“Risks are more elevated and interconnected than ever before,” observes Cecilia Reyes, Chief Risk Officer, Zurich Insurance Group. She was quoted in the report just released by the World Economic Forum: The Global Risks Report 2016. Zurich served as strategic partner for the report.