peak ascent: how fp&a can guide cfos to great heights
TRANSCRIPT
Peak Ascent: How FP&A Can Guide CFOs
to Great Heights
Adaptive Insights surveyed more than 300 global CFOs
to understand trends in finance for its CFO Indicator Q2 2016 report.
The survey took a deep dive into financial planning and analysis (FP&A) for the first time.
The results revealed a great need for FP&A teams to
become more strategic to support CFOs as they increasingly play a broader
role in guiding corporate planning and performance.
75% of CFOs want their finance teams to have a significant to strong impact on corporate planning and
strategic decision-making by 2017Only 46% of CFOs expect their teams will do this
Top 3 skillsof FP&A teams today
If the FP&A team could improve just one skill, what would CFOs want it to be?
FP&A Teams are Expected to Double Time Spent on Strategic Tasks by 2020
What can FP&A teams do to be more effective?
What One Skill Is Missing From Your FP&A Team?
of CFOs not planning to hire will implement new technology to close the gap
T
Only 1 out of 4 CFOs will expand their FP&A
teams in the next 12 months
Top choices for FP&A education*:
TMore than half of CFOs are
implementing education programs for senior FP&A teams on all aspects of business
The FP&A Team of the future will be efficient, agile, highly
collaborative, and tech-savvy.
Learn more by downloading the CFO Indicator Q2 2016 Report:
www.adaptiveinsights.com/peak-ascent
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The Adaptive Insights CFO Indicator reveals what is top of mind for chief financial officers (CFOs). The Q2 2016 report surveyed 307 CFOs around the world over a period of 14 days ending July 3, 2016. As this was not a probability-based sample, calculating the theoretical margin of sampling error is not applicable.
Copyright 2016 Adaptive Insights. All rights reserved.