Finance leaders are increasingly embedded in the business units themselves, providing data-driven business and analytics insights to their counterparts in sales, marketing, operations, HR, QA and manufacturing.

New tools allow Finance to quickly model the impact of changes in inputs such as various types of costs and expenses. And because the company’s strategic plan, budgets, forecasts, capital expenditure and workforce plans are all tightly integrated, Finance can better advise leadership on the broader implications of business environment changes—and identify key decisions that need to be made.

Managers receive event-driven updates and alerts thanks to pre-established notification mechanisms.