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5 Reasons CFOs Struggle with Financial Reporting (and How to Overcome the Challenges)

The Kini Group

Audit committees and supervisory boards also want information related to budgeting, forecasting, and FP&A processes. On top of these two pressure points, the finance department must be transparent about its purchases. The rest of the C-suite demands to see the ROI for those investments. As a result, finance ends up building financial reports primarily just to show this metric instead of finding actionable insights for profit improvement within their data.

TCO 37

5 Reasons CFOs Struggle with Financial Reporting and Analysis (and How to Overcome the Challenges)

The Kini Group

Audit committees and supervisory boards also want information related to budgeting, forecasting, and FP&A processes. On top of these two pressure points, the finance department must be transparent about its purchases. The rest of the C-suite demands to see the ROI for those investments. As a result, finance ends up building financial reports primarily just to show this metric instead of finding actionable insights for profit improvement within their data.

TCO 32