Agile Finance Revealed: The New Operating Model for Modern Finance
Modern finance teams are adopting a new agile operating model for finance that is responsive and change-ready. It is embracing digital technologies to proactively automate traditional transactional work, allowing the team to invest in new skill sets
Having an agile approach allows continuous planning and driver-based forecasting for improving performance management. For the finance teams utilizing Business Intelligence (BI) applications can use dashboards to communicate measures of performance and analysis in a timely and user-friendly manner; and a move to self-service management information enables users to drill down to answer their own queries.
Developments in big data analytics means finance teams can more easily access and analyze the data generated by business processes. This analysis of digital data can improve products and services, automate routine decisions and enable better decision making.
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