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The new CFO agenda - What is the bottom line - Ernst & Young - Global

The new CFO agenda

5. What is the bottom line?

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Any delay on finance's part and it risks being left behind.

Finance has navigated ever-increasing regulatory requirements, economic volatility, eroding margins and rapid advances in technology.

All of these factors have fundamentally changed how organizations operate. And finance, having successfully evolved with these changes, has earned its seat at the boardroom table. But to remain relevant, finance needs to realign its priorities to match those of the business.

Revenue planning, establishing KPIs and risk management are three areas where finance is well-positioned to add value to the business. But the Finance organization will have to move quickly to understand the business needs, identify the skill gaps and align resources to meet changing business priorities.

Any delay on finance's part and it risks being left behind.

 


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Answers to your questions, at a glance

5: insights for executives series asks five questions to get to the core of an issue – and answers them at a glance.



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  • Anne C. Ilsemann
    Partner — Americas Advisory
    Ernst & Young LLP
    +1 212 773 7129

  • Thomas G. Cucuzza
    Americas Advisory Finance Competency Leader
    Ernst & Young LLP
    +1 248 797 5078

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