How to Modernize Your KPIs for the Digital Age
Over the next five years, three powerful trends will materially change the unique value that the CFO and finance can deliver relative to other corporate functions. Those trends are the democratization of data and analytics, the acceleration of technological capability and increased organizational complexity.
These trends translate into five core implications for finance. CFOs will need to consider what each implication means for finance’s service mix and operating model. CFOs and their industry leaders must closely evaluate the evolving analytics ecosystem and determine where their analytics support is — and isn’t — necessary given the offerings of other analytics providers.As finance loses its positioning as the sole provider of analytics for pricing, products, customers and overall commercial strategy, its value becomes centered on the forms of analytics where it has a unique advantage.
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