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From data keeper to strategic partner: How effective financial services CFOs deliver more valuable business insight

From data keeper to strategic partner: How effective financial services CFOs deliver more valuable business insight
Consultant point of view
Last updated: 31 May 2006
Summary
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Summary

The shift away from static financial reporting and compliance management toward enterprisewide, predictive business insight continues for chief financial officers in the financial services sector, but there are still large gaps between the importance assigned to delivering that insight and CFOs’ actual ability to follow through.

To remedy that, many financial officers say their organizations plan to double the use of fully integrated information systems for budgeting, planning, reporting and general ledger over the next three years, and at the same time increase their utilization of rolling forecasts to optimize decision support.

To read the full report, download the PDF file at the top of this page.

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