This global survey explores how finance leaders are currently addressing and planning for a faster, more agile finance organization. Results from these "top guns" of finance indicate a desire to overcome the time deficits that currently exist in reporting, data collection, and budgeting so that more resources can be allocated to strategic analysis and corporate performance management.

1. Danger Zone:
How the Pace of Finance Threatens CorporateAgility

2. Adaptive Insights surveyed nearly 300 global CFOs to understand how finance
leaders are currently addressing and planning for a faster, more agile finance
organization for its CFO Indicator Q1 2017 report.
Results from these "top guns" of finance indicate
a desire to overcome the time deficits that
currently exist in reporting, data collection, and
budgeting so that more resources can be
allocated to strategic analysis and decision
making.

3. 77%
of CFOs admit that major
business decisions have been
delayed due to stakeholders
not having access to data in a
timely manner.
Data Access Impacts Time to Decisions
CFO Indicator Q1 2017 Report

4. 60%
of CFOs say ad hoc analysis
takes up to 5 days, but would
like to see it take no more
than 1 day.
Unmet Expectations for Ad Hoc Analysis
CFO Indicator Q1 2017 Report

5. Data Gathering Still Presents the Biggest Challenge
Data aggregation and
verification processes
33%
Team resources
29%
Software/tool limitations
23% Collaboration skills
15%
Biggest time
challenge to meeting
requests for updated
forecasts
CFO Indicator Q1 2017 Report

6. Dedicated Technology Solutions CFOs Use Today
68%Reporting
46%Budgeting and Forecasting
44%
Financial Close
and Disclosure
38%Dashboards and Analytics
31%Sales/Operational Planning
24%Consolidation
14%None
13%
Long Term
Strategic Planning
6%Predictive Analytics
CFO Indicator Q1 2017 Report

7. Top 5 Technologies CFOs Will Invest in by 2020
Will Increase Agility
1 Dashboards and Analytics
2
3
4
5
Budgeting and Forecasting
Reporting
Sales/Operational Planning
Predictive Analytics
CFO Indicator Q1 2017 Report

8. Time delays that currently exist in data collection and reporting limit the Office of
Finance from delivering forecasts and ad hoc analysis at the pace CFOs desire.
As a result, major business decisions are delayed due to a lack
of timely information.
CFOs must speed response times to enable the agility required
in today’s competitive, turbulent economic environment, and they must plan
technology investments accordingly.
By accelerating the pace of finance, CFOs can
pilot their organizations to and through turbulent
times, and out of the danger zone.
View the Full CFO Indicator Q1 2017 report:
www.adaptiveinsights.com/dangerzone