Tuesday, June 02, 2020 08:30 AM|Tuesday, June 02, 2020 09:15 AM
Gartner Opening Keynote: Tomorrow’s Finance: Charting the Course to 2025
Uncertainty about the future state of Finance has never been higher: how will financial information be delivered to stakeholders? What work will be done by algorithms and software, and what will remain for humans? What opportunities will advancements in analytics bring, and how will those new opportunities co-exist with Finance’s evolving control and governance mandates? These questions are forcing Finance leaders to rethink the role of Finance at the most fundamental level.
Most executives struggle to identify exactly where and how Finance adds value in an ecosystem that is defined by siloed functional groups and an ill-defined mix of corporate and business-led activity. Progressive finance teams have realized that in an environment of continuous disruption, sustainable value only comes from a focus on your differentiated capabilities. And as the dynamics within corporations become as fast-paced and information-rich as those of external marketplaces, CFOs more than ever need to run their own functions according to these same principles. They must understand the not just the cost of providing services and products to the business, but the value of so doing relative to alternatives. They must not just understand, but anticipate and shape the evolving needs of the customers they serve. And more than anything, they must understand and build from their Finance team’s sources of comparative advantage: the places where the value of Finance’s involvement demands that involvement from Finance. The comparative advantages of their teams are where leaders find value that is truly differentiated from the other services and support the business might draw upon. Learn how progressive CFOs are charting a course for the future of Finance that is built around the advantages that their functions can uniquely provide to the organization.