OneStream Software’s Post

Excellent post from both Grant Thornton (US) and OneStream Software Here is a bit more color on the issues facing the CFO a) Productivity is still a challenge for organization b) Near-shoring of manufacturing continues to be key focus area like the Carolinas, Texas, Arizona, and Mexico e) Inflation has ease but there is still pressure by both public and private sector organizations f) Many organizations are undertaking expense and revenue reviews as part of gap analysis g) Cyber threats and ESG reporting are key challenges facing the CFO. Blog – Monthly Reports – Canada United States and Australia - https://lnkd.in/geCTHASp

Here is an interesting article, again mentioning AI to take finance further. "The portion of participants using generative AI rose to 47%. Among those, a majority (54%) said they are using it to improve finance operations and processes". #TakeFinanceFurther #FinanceInnovation #LessEffortMoreImpact

A survey from Grant Thornton is the latest research to show that CFOs are getting more enthused about the economy. Even so, the survey found, cost optimization remains their top area of focus, given expectations that spending on operations will increase. Find out how CFOs view the current economic conditions in this article from CFO: https://ow.ly/KioU50Spx0v #FutureOfFinance #CFO

In Grant Thornton's Q1 CFO survey, half of the 273 finance leaders anticipate an increase in operating costs over the next year, marking a 12-percentage-point rise from the previous quarter. This matches the survey's high-water mark. However, there's strong optimism among CFOs regarding the economy, with just over a third expressing "very optimistic" views, the highest in 11 quarters. Conversely, only 12% are pessimistic about the economy, which is tied for an 11-quarter low. Jim Wittmer, Grant Thornton’s national managing partner for tax growth, attributes this optimism partly to expectations of lower interest rates among respondents.

Gartner recently surveyed leaders from nearly 900 finance departments to determine where they are spending their finance budgets in 2024. Explore the results to learn how leading finance departments are managing costs across functional categories: https://gtnr.it/43Tn9JU #GartnerFinance #Budgeting

What are the top three priorities for finance leaders in 2024—according to Deloitte’s new #CFOSignals survey? 1. Financial performance 2. Growth 3. Cost management Read the full report to learn more.

What are the top three priorities for finance leaders in 2024—according to Deloitte’s new #CFOSignals survey? 1. Financial performance 2. Growth 3. Cost management Read the full report to learn more.

What are the top three priorities for finance leaders in 2024—according to Deloitte’s new #CFOSignals survey? 1. Financial performance 2. Growth 3. Cost management Read the full report to learn more.

What are the top three priorities for finance leaders in 2024—according to Deloitte’s new #CFOSignals survey? 1. Financial performance 2. Growth 3. Cost management Read the full report to learn more.