Transforming Finance Operations

An effective and efficient finance operations function is central to the smooth functioning of a company. Accounts payable and receivable, working capital, supplier management, expense management, and compliance all need to be harmonized and seamless to ensure optimal business execution.

But a recent global survey of 323 finance executives, carried out by CFO Research in collaboration with SAP, found that most finance executives believe that finance operations staffs will need better information tools and simpler processes in order to unleash their full potential. They say their staffs have to overcome serious obstacles put up by poor processes that create inefficiencies and information systems that are difficult to use.

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