The Top 5 Technology Issues Facing CFOs Today

2020 2010 2015

Accenture and Oracle research and experience highlight the top issues today’s modern CFO needs to address in 2014.

HOW TO STAY AHEAD Prepare, predict, and act decisively.

1 Master Your Data 84% of CFOs say it is difficult to control the quality of their financial data. 84%

84%

2 Practice Predictive Analytics 57% of CFOs agree forecasting and analytics create a key competitive advantage.

57%

3

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Counter Complexity 70% of an organization’s global transactions are burdened by legacy systems.

70%

4 Disarm Digital Overload CFOs need to shift their focus from capturing more data to capturing the right data.

5 Tap Your Talent CFOs should build new skill sets within the finance function to deliver data-driven guidance and business support.

In 2014, modern finance technologies and the insights they deliver are elevating the role of the CFO. With greater responsibility, CFOs must be able to manage and forecast the right data and focus investments to reduce costs, increase profits, and build skills.

THE BOT TOM LINE

Stay on top of CFO technology and trends. Visit oracle.com/CFO and www.accenture.com.

[1]The Challenges of Corporate Financial Reporting, published by Accenture and Oracle, May 2012. [2]The CFO as Catalyst for Change, published by Accenture and Oracle, May 2013. [3] Application Modernization: Services Overview, Accenture.

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