7 Megatrends in Modern Finance: Lack of Data and Technology

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Trend #2: Lack of data and technology are
primary barriers

Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

Whether trying to achieve their mission, partner with the business, or execute their initiatives, finance teams are hindered by lack of systems and data. Interestingly, CFOs and CAOs are 70% more likely than the rest of the organization to mention lack of data as the issue.

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Unfortunately, almost 20% of respondents said the organization does not value input from finance as a barrier to partnering with the business. High staff turnover is a big reason finance initiatives are being slowed or blocked.

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Read the Blog post on Trend #7

Read the Blog post on Trend #6

Read the Blog post on Trend #5

Read the Blog post on Trend #4

Read the Blog post on Trend #3

Read the Blog post on Trend #2

Read the Blog post on Trend #1

Check back next week for the next of the seven trends.

Posted by on September 23, 2016
Topics: CFO
Nick Ezzo

As Vice President of Demand Generation, Nick provides digital marketing and demand generation leadership to Host Analytics, the leader in cloud-based financial applications including planning, close, reporting and analytics. Nick has held marketing, business development, and consulting roles in companies like HBO, Nuance, Equilar, and Aspect Communications. Nick holds a Bachelor of Science in Communications from Ohio University, Athens, Ohio.

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