Finance Improvement Today—Plan to Apply Beautiful Minds, Survey Summary

 

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In early 2016, APQC fielded a survey to determine the current appetite for FM improvement, prevailing needs and goals, and expected process enablers. Five years ago, in the wake of the global financial crisis, some CFOs got so caught up with cutting costs in the business and in financial management (FM) that they lost sight of the need to keep evolving their performance analyses. The good news: according to the survey results, the majority of finance leaders are keenly aware of the need to push on both fronts. Survey respondents now say that both transaction-oriented process efficiency and effective decision support are on the docket—and these two goals need not collide. The survey aimed specifically at:

  • Finance’s top priorities for process improvement
  • Trends in preparing for and executing FM improvement projects
  • The need for new forms of knowledge
  • New information management paradigms

This is the survey summary, click to read the executive summary--Finance Improvement: Applying Beautiful Minds.

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