Finance teams today are working harder than ever before. The demands of the global and digital economy have multiplied the core tasks of the finance function. At the same time, CFOs are expected to work with their C-level colleagues to shape long-term business strategy. When financial leaders do their jobs well, they have a big impact.
Surprisingly, CFOs give themselves high marks for effectiveness. Most see room for improvement in working capital optimization, performance management and cost control. What do the high-performing minority – the financial leaders – do differently than the rest of the pack?
White paper
To answer that question, Oxford Economics and SAP surveyed 1,500 CFOs and other senior executives around the world about their goals and challenges. They identified six characteristics that make a financial leader, including excellence in core financial activities and a high level of efficiency enhanced by automation.
This white paper contains the research results gives the six aspects that improve business performance.
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