How to use innovation to support the finance function

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4 minute read 26 Apr 2019
By

Karsten Füser

EY Global and EY EMEIA Financial Accounting Advisory Services and Climate Change and Sustainability Services Markets Leader

Outcome-driven leader. Client-focused advisor. Supporting businesses with innovative solutions for a complex and changing world. Enjoys outdoor pursuits and the countryside. Family man.

4 minute read 26 Apr 2019

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Learn how FAAS listens to CFOs, Treasurers and Controllers to help build connections between IT, innovation and business operations.

CFOs are under pressure to create opportunity from complexity. No longer do finance functions and their leaders just report the numbers, they are now required to play a much bigger role in strategic and operational decision-making in organizations.  In addition, stakeholders, such as audit committees, investors and regulators, are demanding greater accuracy, consistency and transparency from reporting.

By applying innovative technology and leveraging analytics, the finance function can gain a better understanding of the numbers and so improve reporting to all stakeholders. EY Financial Accounting Advisory Services (FAAS) teams can help support finance leaders to leverage the potential of technology and analytics and to help finance teams meet the challenges of the broader business agenda.

Summary

CFOs are under pressure to create opportunity from complexity.  No longer do finance functions just report the numbers, they now are required to interpret and communicate them to support decision-making and to shape business strategy. 

About this article

By

Karsten Füser

EY Global and EY EMEIA Financial Accounting Advisory Services and Climate Change and Sustainability Services Markets Leader

Outcome-driven leader. Client-focused advisor. Supporting businesses with innovative solutions for a complex and changing world. Enjoys outdoor pursuits and the countryside. Family man.