How do we design a finance function that’s fit for the future?

Jul 30, 2018 | News

The IoD and EY invited a group of experts to debate – How do we design a finance function that’s fit for the future?

Read the full report hereRoundtable debate: “How do we design a finance function that’s fit for the future?”

Brickendon’s CEO, Christopher Burke recently attended a round table discussion hosted by The IoD and professional services firm EY to discuss how automation is transforming the work of finance teams in business. Along with other leading figures from a broad range of industries they discussed how advances in technology and automation is transforming how data is captured, freeing up finance professionals time to add value in other new ways.

Burke summed up the problem facing finance teams when he said “If a business has £1m to spend, does it use that money to improve the commercial team so that it can make £10m more in sales, or does it spend the money on improving a finance function that offers no tangible return on the investment at all? This is the real dilemma facing finance departments: how do they justify their existence?”

 

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