CFOs operate in an increasingly volatile business environment, exacerbated by the rapid rate of change in the world today. Learn about the top seven risks that weigh most heavily on the minds of finance leaders, based on findings from our global “Finance Redefined” study.
Workday has released its global “Finance Redefined” study, which surveyed more than 670 finance leaders on the future of the finance function and finance leadership. Based on the findings, four priorities will continue to have a significant impact on finance and its ability to support business needs: resilience, intelligence, leadership, and talent.
Organizations face many risks, and finance leaders play a critical role in putting in place the capabilities, processes, and tools to manage risk. Yet our recent research report, “Finance Redefined,” found that only 39 percent of finance leaders are highly confident in their ability to manage their top risks. Learn about the key barriers that enterprise organizations face when it comes to risk management.
There’s a difference between understanding the benefits of advanced analytics and putting them into practice. Findings from Workday's “Finance Redefined” study reveal that the successful use of advanced analytics hinges on an organizational culture that is focused on data-based decision-making rather than intuition.
Our “Finance Redefined” study reveals that only a minority of CFOs are using advanced analytics across key areas of finance today. Given that advanced analytics has so much to offer, why have many CFOs yet to fully embrace their potential? Read more to learn about the roadblocks to leveraging advanced analytics and steps organizations can take to overcome them.