✅Finance professionals including Finance Leaders / CFOs are under a lot of pressure to become a true business partner & for that they need to transform their finance functions to provide insights into the business & being more predictive about where the business is going.
This requires redesigning finance operating model & rethinking what are the core competencies required to drive more analysis, business value & business partnership vs more transactional processing work & for that they really need to revamp their operating model & lower the focus on transaction processing to release the bandwidth for high value activities.
Therefore, in order to orchestrate a successful finance transformation, finance leader first need to build finance transformation roadmap for their finance organization, implement finance business partnering approach & build such capabilities in finance team, leverage analytics to build finance as analytics power-house (center of excellence) for the entire organization & finally by leveraging digital technologies in finance.
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