EBG have invited The Hackett Group to share insights several times since 2010. In fact, it was a single slide shown in 2014 that ultimately led to EBG now introducing CFO Outlook.
In 2014 The Hackett Group showed numbers from an EPM Performance Study. Showing how few companies meet the forecast for the next quarter.
Key factors then being declines in demand, price increases, exchange loss, late payments, failing financial viability of suppliers, increased supplier disputed etc.
Where do companies stand today? How are companies choosing to organize, to improve processes and data insights. EBG welcome Martijn Geerling, Managing Director, Advisory practice leader Europe at The Hackett Group joining CFO Outlook 2024. On April 25th finance professionals will have an interactive day filled with experience exchange in Stockholm.
Martijn will present the below and invite you to join his round table discussions after.
How can finance leaders can bridge resource gaps to improve productivity and efficiency?
There are remarkable and a seemingly unique confluence of crisies facing business leaders right now. Perhaps even a once-in-a generation risks: the war in Europe, high inflation and post pandemic effects as well as those from “the great resignation”. Cyberattacks and extreme weather events are more and more common. By some called a polycrisis.
How do businesses stay ahead? Many businesses still operate in silos, have complex system environments and poor data quality. Processes are cut in pieces and KPIs are not enabling end-to-end improvement. There is not necessarily alignment between priorities, critical development areas and resource allocation. The Hackett Group’s 2024 research show that the finance workload is increasing but at the same time reductions in head count and operating budget result in productivity and efficiency gaps.
So what should you do? Here you will learn what operating model Digital world-class Finance function’s choose to enable end-to-end actionable insight and what they choose to invest in (time and money).
We will discuss and present a view on:
- What role does AI, machine learning, RPA, process mining and other novel technologies play in Finance of the future?
- How do companies organize end-to-end to meet key challenges?
- How can companies deliver proactive, predictive insights from high quality data?
- What skills and talents are needed in an increasingly automated Finance function?
About Martijn
Martijn is a Managing Director with The Hackett Group and global practice leader for the Global Business Services (GBS) Advisory program and regional leader for Advisory services in Europe. Martijn have 20 years of professional services experience in target operating model design, business process re-design, shared services development & outsourcing, digital transformation and benchmarking in back-office functions.
My core areas of expertise are in organizational re-design, supporting clients in re-aligning back-office function operations to more efficiently and effectively support company’s objectives. I have successfully consulted with global clients in sustainable strategic transformation engagements in Europe, United States and Asia.
LinkedIn profile
About The Hackett Group
The Hackett Group, Inc. (NASDAQ: HCKT) is a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class® performance.
Drawing upon our unparalleled intellectual property from more than 25,000 benchmark studies and our Hackett-Certified® best practices repository from the world’s leading businesses – including 97% of the Dow Jones Industrials, 93% of the Fortune 100, 73% of the DAX 40 and 52% of the FTSE 100 – captured through our leading benchmarking platform, Quantum Leap® and our Digital Transformation Platform, we accelerate digital transformations, including enterprise cloud implementations.
About CFO Outlook 2024
This is a summit taking a look at finance data and process insights. Discussing and sharing how companies choose to organize end to end to ensure efficiency and effect. What it mean overseeing processes end to end. How data can be used better. What competences are needed now and ahead across and organization. What operating model companies go to ensuring best possible outcome.
And then of course we have sustainability. The possibilities and challenges acting with insights mean to companies. Make sure to >>register since seats are limited – you will be able to choose round table discussions prior to the summit.