Build a Finance Function That Meets Business Demands

Next-level finance operations

Pressure on the finance function to speed up

Nearly three in four finance organizations face pressure to speed up in the increasingly competitive, dynamic and volatile business environment. Download Gartner’s research to learn:

  • Top 10 slowest finance function activities
  • Two biggest threats to finance efficiency
  • Three keys to a faster finance function

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Learn where and how to speed up the finance function.

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    How can finance functions be faster and do more with less?

    On average, finance is the third-slowest operating corporate function behind legal and IT. Seventy-three percent of finance functions face pressure to speed up. As request volume skyrockets and budgets stay flat or are reduced, finance leaders tell us they are looking for new approaches to finance operational efficiency to meet growing business needs.

    73% of respondents in finance face pressure to speed up. Finance is currently the third slowest, after legal and information technology.
    81% of companies have experienced a major reorganization in the past 12 months.

    Improve the finance function

    To drive growth, you need the capacity to help the business make financially sound decisions. Successful CFOs evolve their finance strategy, structure and workforce decisions as a part of finance transformation, often considering how emerging technology can alleviate constraints. Take the first step by understanding how your function compares to those of your peers.

    81% of companies have experienced a major reorganization in the past 12 months.

    Insights you can use

    Gartner’s finance operational efficiency benchmarking helps our clients assess the current state of their functions, as well as head count, cost and process metrics.

    Get faster in finance where it matters most

    Digital disruptions will displace 40% of industry incumbents within five years. To support growth, finance must speed up its service delivery. Achieve finance operational efficiency by understanding the 10 slowest finance activities and three keys to a faster finance function.

    How to redesign finance structure and roles

    Most organizations are undergoing redesign, raising many questions: How do I successfully structure my organizations to support growth? What steps should I take to redesign my function for financial operational efficiency? Should we use a COE or other model to deliver our services? Find the answers here.

    Shared services strategy and structure

    New threats and opportunities are forcing shared services leaders to rethink and realign the organizational strategy and structure. Determine how to advance your organization’s maturity and drive finance operational efficiency amid change by assessing these five key trends and best practices.

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    Finance Function Efficiency Case Studies

    We realized that a full-service approach was neither sustainable nor ideal. We had to make some tough choices and start differentiating our service levels — a major change for many of our partners who had become highly dependent on our support.

    VP of Finance

    Financial Services Firm
    You opened our eyes to the full potential of the shared services function, and then helped us take action to stand up new capabilities.

    Paul Vancheri

    Head of Global Shared Services, D+H
    Case Study

    How does Gartner drive finance operational efficiency?

    See how we helped D+H architect and launch a shared services function and drive finance operational efficiency by leveraging best practice and proven decision support.

    Special Report: The New Digital Workforce

    Download this CFO Magazine special report featuring Gartner insights to learn about:

    • How a top financial services company successfully piloted finance robotics
    • The average costs of finance robotics
    • Use cases for finance robotics
    • The future state of finance robotics
    Robotic process automation technology usually costs one-third the amount of an offshore employee and one-fifth of an onshore employee.

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    Gartner’s finance experts are trusted advisors and an objective resource for over 1,750 finance organizations.

    Gartner for Finance is a tailor-made solution providing trusted insights, strategic advice and practical tools that helps finance leaders make the right decisions to drive business performance.