CFOs: Don’t let your finance transformation project drag on

Did you know that a whopping 70% of finance #transformation projects tend to move slower than anticipated? If you’re a CFO looking to speed things up, here are three key factors to pay attention to in order to overcome obstacles and make significant progress in your transformation journey:

  1. Unsystematic technology spending — Limited clarity on the most critical technology investments to make, particularly as technology options continue to proliferate and technology spend continues to accelerate
  2. Limited representation of digital skills — A gap between finance’s ambitious digital transformation goals and the employees capable of delivering on them
  3. Inefficient division of labor within finance — Work duplication as well as unclear and outdated role

Source: https://www.gartner.com/en/finance/cfo-report