Effective Spending Management Boosts Performance

In an increasingly competitive global economy, finance teams are working harder than ever before. CFOs today are expected to drive long-term growth and performance, and most are involved in strategic decision- making outside finance.

The findings in this paper are among the results from a global survey of 1,500 finance executives across a broad range of industries, conducted by Oxford Economics and SAP in March and April 2017.

When the finance function is proactive in six areas (read to know), it pays off. Finance Leaders are almost twice as likely as non-Leaders to report market share growth over the past year. They have a significantly tighter grip on costs. And they make the most of technology innovations, including tools that automate routine tasks to improve efficiency.