Finance Execs at Odds with Dated, Ineffective Technology, Despite Expectations of Future Benefits
KPMG survey also finds that Finance's role continues to grow more strategic, and Finance team increasingly involved in C-suite decision-making activities
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Steve Lis
Heightened Strategic Role
Don Mailliard
- In the U.S., 71 percent said that their finance group is highly credible with the C-suite, the board, line-of-business and functional management, and other stakeholders.
- U.S. respondents identified their strengths as: communicating with the board (52 percent), supporting decisions on M&A, divestitures and alliances (46 percent), and contributing to strategy development (41 percent).
- Many believe their company is willing to invest in the finance function. In the U.S., 62 percent said their company was willing, and within that group 23 percent described their company as very willing.
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