Gartner Insights Abstract

A Practical Guide to Demystifying Agile for Finance Leaders

Published: 02 May 2024

Summary

Finance organizations require process improvements to manage a growing number of fast-moving technology projects. This research provides pragmatic answers to questions that finance transformation leaders often ask about building finance’s familiarity with Agile development practices.

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Overview

Key Findings
  • Finance functions do not commonly use Agile development practices. Only 14% of finance leaders report their organizations regularly use Agile development at all.

  • Even in finance organizations that use Agile development practices, those practices are often familiar to only a handful of teams in the broader organization.

  • Most finance leadership teams expect to increase their implementation of Agile practices.

  • Finance function leaders report that managers and employees struggle to grow comfortable with Agile development practices because they require breaking from some of the traditional practices and ways of working common in finance organizations.

  • Finance organizations can more fully adopt Agile development practices,

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