An increasing focus on planning and cost control requires adjustment of the finance function´s structure. The longer companies delay in transforming the finance department, the more costly it gets. Also most likely other departments are struggling to keep up with growing their organizations, without the support from CFOs and their team.

The fourth industrial revolution. Financial leaders today face a major challenge, and hence also business in a manner never seen before.

The change is fast, dynamic and influence every sector, function and type of organization. In the core of it all is finance, securing business to fuel growth and investments in an effective manner.

CFOs need to focus on transformational change in the finance department in order to support the dynamic changes throughout the organization. Every part of the business is implicated by the digital shift. No one is left out. Make sure that the department adapts to the changing needs of the business, by bringing on the talents needed. The drive for transformation requires qualified support to finance management, up to date technology solutions, talents with capabilities to handle change and team-oriented values.