The Cost of Poor Business Decisions
According to Gartner, poor operational decision-making compromises upward of 3% of profits. As digitalization pushes businesses to grow and change, operational decisions are increasing in speed, volume and complexity — creating a challenge for finance, whose job it is to make sure those decisions are financially sound. Progressive CFOs are modernizing their decision-making process by adopting a business model that provides granular visibility into past, present and future financial performance. For finance teams to maximize their ability to drive financially sound operational decisions, they need to improve the financial aptitude of operational decision makers and instill more finance information and analysis into those outcomes.
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