Financial Planning & Analysis

Finance Transformation in the Fourth Industrial Revolution

The Role of Finance in the Fourth Industrial Revolution

One of the largest areas of disruption that we see sits with the role of finance. As we have progressed from the Computing era into the Information era this has put information and its custodians at the forefront of the conversation.

The role of finance is shifting substantially away from predominantly accounting functions into information enablers. Finance users are facing significant pressure to perform faster, provide bigger insights, analyse more, predict more and guarantee certainty – a daunting task. The challenge that many teams face is how to make that transformation, where to start and how to ensure that they get it right!

Providing order in the complexity and streamlining the ways of working can help finance teams to make real future gains. A holistic approach is needed to taking each of these complex functions and bringing them into order through a streamlined and clearer process and approach to drive the change.

The world of Finance is in its largest phase of transformation since the inception of the computer

81%

of CFO’s said they see identifying & targeting areas of new value across the business as one of their main responsibilities

77%

of CFO’s said it is within their purview to drive business-wide operational transformation

75%

of time in top-performing finance functions is dedicated to data analysis and insights

80%

of finance functions can be automated, releasing significant time to spend on proactive, higher value business tasks

How we’ve helped our customers with Financial Planning & Analysis

Reduced Planning Time by 60% in leading SA Manufacturer

Improved Operational & Financial Integration by 200% in Leading SA FMCG Company

Decreased errors and improved data integrity in leading SA Retailer

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