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Cutting through the noise

What has worked and what hasn’t? How is the chatter different from the real picture?

Key findings at a glance

The Global CFO Survey 2022 by Everest Group, supported by WNS, focuses on how the business landscape has changed over the past two years, thus impacting the strategic priorities of CFOs and how they are navigating roadblocks to build a future-ready finance function. While we deep dive into the organizational initiatives in 2022, we juxtapose the themes that we hear about often (chatter) with themes that are actually taking place (reality).

Chatter

Reality

Asset 24

Depth and breadth of challenges post the pandemic have reduced as business environments stabilize from pandemic-induced disruptions

Intensity and volume of challenges are heightening with pricing pressures, increasing risk exposure and talent-related issues coming to the forefront

Asset 24

Digital transformation is primarily applicable for transactional areas compared to judgment-intensive areas

Complex and judgment-intensive areas are attracting an equal degree of transformation investment compared to transactional areas such as AP and AR

Asset 24

The finance space is seeing large scale adoption of AI / ML-based predictive / prescriptive analytics solutions

While predictive / prescriptive analytics use cases are seeing traction among mature organizations, overall market adoption is still nascent

Chatter says…

But the reality is…

Asset 24

Depth and breadth of challenges post the pandemic have reduced as business environments stabilize from pandemic-induced disruptions

Intensity and volume of challenges are heightening with pricing pressures, increasing risk exposure and talent-related issues coming to the forefront

Asset 24

Digital transformation is primarily applicable for transactional areas compared to judgment-intensive areas

Complex and judgment-intensive areas are attracting an equal degree of transformation investment compared to transactional areas such as AP and AR

Asset 24

The finance space is seeing large scale adoption of AI / ML-based predictive / prescriptive analytics solutions

While predictive / prescriptive analytics use cases are seeing traction among mature organizations, overall market adoption is still nascent

But that’s just a part of the big picture.
Continue exploring…

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