3
CFOs admit their finance functions need better visibility into
the state of the business.
64%
Say their finance function is not
proactive enough in using data/analytics
to identify, prioritize, and address critical
issues in the business
The biggest challenges in creating a
data-driven finance function
20%
24%
29%
31%
38%
10 15 20 25 30 35 40
Our data isn't structured in a way that makes it easy to analyze
Our finance function lacks a rigorous, proactive, analytical process
(e.g., monitor, prioritize, isolate, hypothesize, test)
Our data isn't current/real-time
Our finance function lacks experience in
connecting data trends with critical business issues
Our finance team lacks the required skill set
(e.g., analytical, creative, curious, intuitive)
Our data isn't reliable/accurate
22%
