1、Top Priorities for Finance Leaders in 20231Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Top Priorities for Finance Leaders in 2023Gartner for Finance Actionable and objective insights to tackle top finance challengesTop Priorities for Finance Leaders in 20232Gartner for Finance

2、Leaders Follow Us on LinkedIn Become a Client 64%of surveyed CFOs believe autonomous finance will become a reality within the next six years.Alexander Bant Gartner Chief of Research for CFOsSource:GartnerFinance leaders continue the mission toward autonomous finance in 2023 and beyond,especially as

3、the economy sours.Lessons learned from prior downturns show that industry leaders accelerate in downturns by boldly investing in initiatives that matter.Right now,those investment decisions are all about digital.Their priorities reflect how the function is transforming to deliver augmented real-time

4、 and predictive insights,effortless compliance and greater flexibility in finance strategy.This will prepare the organization for economic volatility,while at the same time,allow for new opportunities to increase profitability.Each priority highlights a different aspect of how finance will navigate

5、and evolve toward an autonomous future.Use these findings to:Differentiate your performance during an economic downturn See how your organizations priorities stack up against peers Gain insight into why each priority matters for driving transformation Achieve your goals in 2023 and beyondThe path fo

6、rward:Transform for autonomous finance1Lead finance transformation and organizational change initiatives.2Develop and refine the data and analytics strategy.3Align spend to growth.4Improve finance staff engagement.5Set finances technology strategy and roadmap.Define objectives and be personally invo

7、lved.Ensure your finance transformation leaders have three key traits.Engage finance staff.Align FP&A scope and design with organizational strategies and priorities.Use the Gartner ROAR model to drive business value from D&A investments.Embed D&A into business strategy and digital transformation.Mov

8、e from the role of a“reviewer”to a“capital activist.”Reorient cost structures to focus on differentiating costs.Counter the processes that take resources away from bold growth projects.Update and leverage the organizations unique employee value proposition.Communicate strategy to employees to form p

9、ersonal connections.Create a sense of belonging.Increase finance responsiveness to changing business realities.Prioritize technology investments with the highest impact.Build a cohesive,forward-thinking technology strategy.Key:FP&A=Financial planning and analysisROAR=Risk,opportunity,appetite and re

10、turnD&A=Data and analyticsTop Priorities for Finance Leaders in 20233Gartner for Finance Leaders Follow Us on LinkedIn Become a Client CFO priorities for 2023Gartner surveyed finance leaders across all major industries to identify their priorities and challenges for 2023.This years priorities center

11、 around activities that combat slowing growth,persistent high inflation,scarce and expensive talent,and global supply constraints.Top 5 CFO PrioritiesGartner-Recommended Focus Areas n=157 CFOs;Source:2023 Gartner Finance Executive Priorities Survey4Gartner for Finance Leaders Follow Us on LinkedIn B

12、ecome a Client Click here for more on achieving finance transformation To navigate a large number of competing business priorities,ongoing technology initiatives and multiple options for service delivery models,CFOs should define the right priorities and people for their finance transformation by:1.

13、Defining,clarifying and aligning objectives2.Choosing the right finance transformation leader3.Shifting top-down change management strategy to a business-led,employee-centric approachWhat to doLead finance transformation and organizational change initiatives Priority 01Why it mattersFinances mandate

14、 is expanding,and the pressure to play offense into a recession is surmounting.CFOs and their teams are much closer to business operations and are expected to act as key partners,providing business leaders throughout the enterprise with critical insights with an expectation to spend less time on tra

15、nsactional finance and run their teams at lower costs.Facing disparate priorities requires controlling costs and making smart technology and service delivery model decisions.CFOs must invest in finance transformation,AI and autonomous digital projects that will make the organization faster and leane

16、r.Source:GartnerTop Priorities for Finance Leaders in 2023Manage Change Initiatives as a Portfolio3 Change Management Principles to Supercharge Your Finance TransformationBuild Managers,Local Leaders,Change MaturityEnable Employees to Better Absorb Change5Gartner for Finance Leaders Follow Us on Lin

17、kedIn Become a Client Click here for more on data and analytics in finance As more finance teams build up their capacity for D&A,finance leaders must increase their role in enterprise D&A governance and strengthen their understanding of the underlying D&A concepts or be left at the mercy of IT to fu

18、lfill their D&A strategy.In 2023,finance leaders must get familiar with key D&A concepts required to start or advance critical finance transformation initiatives and create a D&A strategy that meets the needs of a modern and forward-looking organization.What to doWhy it mattersFinance leaders are in

19、creasingly responsible for leading transformation projects,yet many core data and analytics concepts are foreign to them.Plus,by 2025 50%of FP&A leaders will have enterprisewide data strategy as a key responsibility.Source:GartnerTop Priorities for Finance Leaders in 2023Manage Change Initiatives as

20、 a PortfolioBuild Managers,Local Leaders,Change MaturityEnable Employees to Better Absorb ChangeThe Gartner Data and Analytics Strategy and Operating Model(DASOM)FrameworkPriority 02Develop and refine a data and analytics strategyStakeholderOutcomesCapabilities and DeficitsValue PropositionsData-Dri

21、venVisionArchitecturesDelivery ModelD&AEcosystem6Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Click here for more on capital activism To achieve capital responsiveness,CFOs must add“capital activism”to their more traditional attempts to streamline capital allocation processes.Ca

22、pital activism takes postures embraced by the most productive activist investors and private equity firms and applies them to the internal management of capital through CFOs and their teams.Capital activism requires senior finance leaders and finance business partners to actively direct capital flow

23、s to respond to changes in enterprise value drivers.What to doWhy it mattersDisruption is the new status quo.In this environment,sound planning for how a company will deploy its economic capital is no longer enough.Capital responsiveness is necessary to maximize enterprise value realization.Source:G

24、artnerTop Priorities for Finance Leaders in 2023Guiding Postures and Key Imperatives of Capital ActivismPriority 03Align spend to growthFocus on the portfolio as a set of trade-offs and synergies Determining areas in which to investEstablishing the right balance of funding across prioritiesEnsuring

25、ample operational resources for successful executionActivities to Which to Apply Capital Activism Tenets of Capital Activism“No investment is sacred”mindset+Resulting Capital Activism ImperativesDrive Relentless Focus on Differentiating BetsCreate Optionality Through Funding FlowsForce OperatingReso

26、urce Trade-Offs7Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Click here for more on a human-centric EVP To deliver on these new employee expectations,finance leaders must work with their HR partners to reinvent the employee value proposition(EVP)and create a culture that is more

27、 human and uses that knowledge to unlock the potential of its people.Gartner calls this the human deal.The human deal extends beyond the traditional EVP to create a new,more human relationship between the organization and the people who work for it.Its founded on a not-so-radical set of ideas:that e

28、mployees are people,that they care not just about their work but their life as a whole,and that theyre inspired not just by the features of their EVP but how those features make them feel.What to doWhy it mattersShifts in todays work and business environments have altered employee expectations and h

29、ow leaders must approach their core responsibilities.To succeed in this new world of work,finance leaders must pull employees together,rebuild cohesion and push forward in new directions.However,they cannot achieve this while applying the principles of the past.Eighty-two percent of employees say it

30、 is important that their organization sees them as a person,not just an employee.Source:GartnerTop Priorities for Finance Leaders in 2023The Human Deal FrameworkPriority 04Build a more human employer-employee relationshipDeeper ConnectionsShared PurposeRadical FlexibilityHolistic Well-BeingPersonalG

31、rowth“I feel understood.”“I feel autonomous.”“I feel valued.”“I feel cared for.”“I feel invested.”8Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Click here for more on finance technology Though technology investments are increasing,data shows only 30%of technology projects succee

32、d.The existing complex and siloed legacy technology portfolios make it difficult for finance teams to decide what technology to prioritize and which capabilities to invest in.CFOs must set a composable finance technology strategy and roadmap,which is a modern and effective approach to assess and pla

33、n a technology portfolio.It helps finance evolve its technology landscape into an ecosystem of modular,composable application building blocks that enable a more agile and business-centric finance organization.What to doWhy it mattersThe COVID-19 pandemic,followed by the rapid economic recovery,infla

34、tionary economy and recessionary headwinds are challenging finance to develop new,quicker ways to support their business through each disruption.In response,the vast majority of CFOs are relying on technology investments to expedite transformation.In the 2022 Gartner CEO and Senior Business Executiv

35、e Survey,92%of CFOs indicated they plan to increase investment in technology,up from 70%in 2021.Source:GartnerTop Priorities for Finance Leaders in 2023Forces Driving Urgency to Innovate Technology StrategiesPriority 05Set finances technology strategy and roadmapUrgency to Innovate Technology Strate

36、giesDynamic Market EventsAging Technology InfrastructureDemand for Finance AgilityDriving Up Slow to React ToImpeded By1Redefine the strategy for planning,budgeting and forecasting.2Reevaluate FP&As scope and org design to maximize business impact.3Evolve finance business partnership for a digital f

37、uture.4Develop a finance data and analytics strategy.5Accelerate AI implementation in finance.85%78%Integrated business planning Budget flexibility Rolling forecasting FP&A activity rescoping FP&A centralization vs.decentralization Advanced analytics centers of excellence Finance business partner(FB

38、P)role redefinition FBP alignment criteria Finance D&A strategy and operating model Data lineage AI use cases in finance AI roadmap for finance AI talent in finance54%63%36%Top Priorities for Finance Leaders in 20239Gartner for Finance Leaders Follow Us on LinkedIn Become a Client FP&A priorities fo

39、r 2023Top 5 FP&A PrioritiesPercentage of FP&A Leaders Prioritizing Gartner-Recommended Focus Areas n=72 FP&A leadersSource:2023 Gartner Finance Executive Priorities Survey1Streamline and digitize the close process.2Improve accounting staff engagement and retention.3Reevaluate the controllerships sco

40、pe and structure.4Evaluate outsourcing options to accelerate digital transformation.5Enhance routine financial analysis and reporting capabilities.75%Close effort reduction Materiality thresholds Close process resilience for digital Noncompensation retention levers Lateral career moves Sense of belo

41、nging Controllership value proposition Controllership centralization vs.decentralization Business process outsourcing(BPO)vs.in-house assessment BPO provider evaluation Accounting analytics Self-service dashboards Dashboard portfolio management84%81%36%46%Top Priorities for Finance Leaders in 202310

42、Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Corporate controller priorities for 2023Top 5 Controller PrioritiesPercentage of Controllers PrioritizingGartner-Recommended Focus Areas n=81 corporate controllersSource:2023 Gartner Finance Executive Priorities SurveyTop Priorities f

43、or Finance Leaders in 202311Gartner for Finance Leaders Follow Us on LinkedIn Become a Client Autonomous finance strategic planning assumptions 2025202620272028Today/Over 80%of finance headcount growth will be in new subfunctions,requiring new roles and team structures.More than 40%of finance roles

44、will be either new or significantly reshaped due to finance technology.50%of controllership functions will leverage digitally driven capacity gains to define a clear scope of support activities.70%of organizations will use data-lineage-enabling technologies as critical components of their semantic m

45、odeling.50%of organizations will replace bottom-up forecasting approaches with AI.80%of finance outsourcing will be for digital transformation.80%of buyers will consolidate to a single outsourcing service provider to reduce total cost of ownership.90%of descriptive(“what happened”)and diagnostic(“ho

46、w or why it happened”)analytics in finance will be fully automated.Over 30%of finance roles will be aligned“horizontally,”enabling the support of agile business operations.Investments made in 2023 that shift cost to analytical outcomes will drive 2.5x the incremental return on invested capital.Sourc

47、e:Gartner Explore these additional complimentary resources andtools for finance leaders:ResearchAchieve Autonomous Finance With 3 CFO Mindset ShiftsShift your and your teams mindset to succeed in growing your autonomous finance capabilities.Download ResearchActionable,objective insightAlready a clie

48、nt?Get access to even more resources in your client portal.Log InGuideOne-Page Finance Strategy TemplateUse this one-page template to create a clear,concise and measurable finance strategic plan.Download TemplateWebinarJoin an Expert Deep DiveHear the latest insights from Gartner finance experts.Wat

49、ch NowHow We HelpGartner for FinanceGet support for achieving your critical finance priorities.Learn MoreTop Priorities for Finance Leaders in 202312Gartner for Finance Leaders Follow Us on LinkedIn Become a Client 13Gartner for Finance Leaders Follow Us on LinkedIn Become a Client 203 Gartner,Inc.A

50、ll rights reserved.CM_GBS_1989055Connect With UsGet actionable,objective insight to deliver on your mission-critical priorities.Our expert guidance and tools enable faster,smarter decisions and stronger performance.Contact us to become a client:U.S.:1 855 811 7593 International:+44(0)3330 607 044Become a ClientLearn more about Gartner for Finance Leaders connected to the latest insightsAttend a Gartner conference View Conference