1、Crunch time seriesIts time to get serious about dataIs data a challenge for your finance organization?If you answer yes then what?0102030405060CostmanagementFinancial performanceGrowth(organic and inorganic)Capital allocationTalent/laborTransformation(i.e.,business model,enterprise,finance)Strategy
2、setting and executionSupplychainITinfrastructureRegulatoryreadinessData analytics/AI/businessintelligenceProcess andoperations37%23%23%22%15%14%12%8%52%50%38%10%2As CFO,what are your top three priorities for 2023?Deloitte,CFO Signals:4Q 2022,2022.Survey included 126 CFOs from the United States,Canad
3、a,and Mexico.3It almost seems fundamental:Of course,data is vitally important,and no Finance leader would say different.That is,until you ask about other priorities.Theres cost management and financial performance,of course.Growth.Talent.Compliance.And on down the list.Each of these concerns claims
4、its share of a CFOs time and attention until finally we get towhat were we asking about again?Right:data.Now ask a new question:Which of those other priorities can you expect to master if you dont have data completely under control?Not one of them.So,no matter what people practice or preach,data rea
5、lly is central.The real question is whether you treat it that way.Its time to get serious about data.Data is a top priority for our finance team.Except forEverywhere a CFO turns,something underscores the need to care about and prioritize data:compliance with new regulations and demands for transpare
6、ncy,supporting agile and effective decision-making amid rapid change,and reacting to market and stakeholder demands as business cycles continue to shorten.Data is central even to the hiring and upskilling that keeps a finance organization on its toesand in hiring and retaining talent with data skill