What EY can do for you
The world’s most innovative and ambitious growth companies are spending valuable time and resources on critical but non-strategic tasks and activities. While it’s important to meet today’s back office needs, this can distract leaders from creating the flexibility and scale to add future value where it matters most.
At the same time, building a proactive, data-driven back office at speed is more difficult than ever. Talent is hard to find, optimizing technology requires continual investment and maintaining operational flexibility during growth is challenging. Relying on a fragmented network of external providers to fill gaps adds to the burden, creating confusion, risk and inefficiencies. CFOs at growth companies spend up to 40% of their time managing HR issues.
With more pressure to reach growth targets, or achieve an exit event, organizations need a better way: moving from a short-term approach to fixing immediate problems, to one focused on unlocking value where it matters most; evolving finance and back office from a purely operational focus to one that drives the business forward, thereby optimizing performance, freeing up resources and securing investment to scale. When leaders have the confidence in the foundations of their business, they can accelerate growth and shape a stronger future faster. And how an organization manages its money, builds partnerships and nurtures new investors determines whether it will survive or thrive.