AGILE FINANCE LEADERS - Oracle · robotic process automation for routine processes of modern...

Post on 22-May-2020

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AGILE FINANCE:

LEADERSVS.

LAGGARDS

AGILE FINANCE LEADERS are further along the transformation journey, and are embracing a new operating model

for modern finance that is responsive and change-ready.

Agile finance leaders are more likely to use:

Integrated business services/centers of excellence

Cross-functional, skilled teams to support

business decision-makers

Cloud technology

of finance organizations surveyed could be characterized as

“agile finance leaders.”1

But the numbers change slightly when we take a closer look at the following industries:

47%

44%

40%

Higher education

Financial services

Manufacturing

only

38%

34% Retail

27% Healthcare & Life Sciences

LAGGARDSLEADERS

of leaders have fully-centralized services and centers of excellence for financial planning and analysis

81%

Leaders are more likely to ranktheir finance function’s skills level

as “excellent”:

60% 60% 55%

Data visualization

Influencing skills

Big data expertise

45%

of leaders have standardizedaccounting and related processes

on cloud ERP

44%

of leaders have implementedrobotic process automation for

routine processes

of modern finance leaders have implemented cloud-based EPM

51%

of laggards have the same

56%

Skill Level

Standardized Processes

Process Automation

Cloud-based Enterprise Performance Management

Significantly fewer laggards gave their finance function a similar ranking:

24% 21% 23%

Data visualization

Influencing skills

Big data expertise

of all other companies

Versus

17%

of laggards have embraced process automation

Only

12%

of other organizationshave done the same

Only

17%

Where are you in your journey to agile finance? Unlock the Agile Finance Revealed interactive research report to find out:

oracle.com/agile-finance-revealed

Talk to an Oracle applications specialist: 1.800.633.0723

WHAT SEPARATES THE LEADERS FROM THE LAGGARDS?

Centralization