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Reaching the Next Level of Performance in Finance Functions Infographic

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http://www.sap.com/solution/lob/finance.html - In the fall of 2014 CFO research and SAP conducted a survey among senior finance executives around the world to explore developments in the finance functions. Businesses have a growing need for improving finance functions performance and Technology is a good ally for them.

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Reaching the Next Level of Performance in Finance Functions Infographic

  1. 1. Reaching the next level of performance THE “NEED FOR SPEED” IN THE ANALYSIS OF CRITICAL INFORMATION— TURNING IT FROM DATA INTO INSIGHT—IS GREATER THAN EVER “ Technology is a good ally… if you KNOW HOW TO USE IT.” —CFO, MEXICAN ELECTRONICS FIRM 80% say their ability to meet growth targets would improve if information systems were EASIER TO USE. 87% say managers at their companies need to analyze financial and performance data MUCH MORE QUICKLY. Finance’s Response Times to Requests from Business Managers 28% 12% Can respond in REAL TIME Take LONGER THAN A DAY 58% say it typically takes their finance staff up to ONE DAY to respond CFOresearch For the full report from CFO Research and SAP, go to “The Next Stage in Creating the Value-Added Finance Function.”

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