Feature Article
As companies in every industry wrestle with digital disruption, Finance has a tremendous opportunity to help Operations navigate change, while driving innovation and business transformation. Finance can only achieve this by moving beyond tedious and manual data manipulation work, shifting the focus on strategy and execution fueled by analytics.
If these issues are top-of-mind for you, we strongly recommend you tune into the QueBIT sponsored CFO Magazine webcast on “The CFO Playbook on Strategy: How finance Teams Improve their Focus on FP&A”. (link provided below)
The message is clear:
- Finance needs to spend less time gathering, mapping and aggregating data, and MORE time doing analysis in support of the business’ strategic goals. Automation must be embraced where possible!
- To be effective, Finance professionals must invest in developing business acumen and analytical skills – this is critical to gain an understanding of the business model, followed by effectively managing the drivers of the commercial and operational aspects of the business.
- The CFO must evolve beyond just thinking about closing the books and updating Wall Street, to becoming an agent of change.
- Finance leaders need to stay on top of new technologies and methodologies, while partnering with other teams in their organizations to drive strategy and business decisions.
QueBIT specializes in helping Finance organizations evolve in response to digital disruption by combining its expertise in state-of-the-art financial planning, reporting and analysis best practice with a deep knowledge of the tools and technologies available today! QueBIT understands the answer does not lie in “eliminating Excel” as some have suggested (see our Blog post: “We are talking about the WRONG Excel problem!”) but in addressing the problems of data and model management. QueBIT’s approach empowers the Office of Finance to grow its skillset to increase automation and incorporate advanced modeling techniques such as predictive demand planning (for example take a look at QueBIT’s Galileo solution).
The CFO Playbook on Strategy: How finance Teams Improve their Focus on FP&A
is Available On Demand
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