Increased uncertainty means there is even greater pressure on CFOs and Finance teams to budget, plan and forecast effectively – especially as their organizations fight to catch up for lost time. Unfortunately, while the Office of the CFO might be ready and willing to provide this kind of leadership, the reality is that Finance is often held back by the performance management tools it has in place. This is particularly the case for the many organizations still reliant on legacy planning, reporting and analysis solutions that have roots going back to the 1980s.
Many of the legacy planning tools that are still in use today were pieced together through mergers and acquisitions which created fragmented technology environments. This negatively impacts user experience and the ability for collaborative planning, budgeting and reporting. Modern Enterprise Performance Management is collaborative, integrated and unified to fit today’s demands in globalized, fast-moving markets. So what are the options? Discover how to leverage the benefits of innovation and other key considerations in our whitepaper.