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.

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.”