How would you describe the evolution in finance? The word "seismic" refers to earthquakes and things that behave like earthquakes. It's the word analyst Gary Simon uses when he talks about changes taking place in today's corporate finance organizations. The result? "Some of the most demanding and challenging conditions for decades." And, like earthquakes, they are permanently altering the landscape.
Planning, budgeting and forecasting (PBF) is one of the only corners of finance where the future is as important as the present, and it plays a crucial role in underpinning the outlook and direction of the business. As the entire finance function goes through a seismic evolution, the planning, budgeting and forecasting role is also in a state of flux.
Want to know more about what finance leaders think? Or, are you curious about where finance is headed in the future? An Executive Summary of the report is available. Download the Executive Summary now.