By moving beyond the spreadsheet culture and automating close processes, companies are able to tie internal management reporting more closely to external financial reporting, advises CFO Research Services. Inside:
This CFO Research Services analysis looks at the changing priorities for finance, new demands being placed on the finance team’s time and abilities, and challenges to forecasting and planning activities during tough economic times. Key findings include:
CFO Research Service’s paper examines what extraordinary CFOs do to achieve extraordinary results today—and how they should change to meet future business challenges. An ideal CFO serves as strategic business counselor, steward of performance and decision-support information, cost controller, and trusted adviser to the CEO.