Future-ready adoption ‘could unlock $5.4trn in growth’
DUBAI, February 24, 2021 The pandemic-driven acceleration of digital adoption and the resulting new agile ways of operating could unlock $5.4 trillion in profitable growth if applied broadly, according to a new report by global professional services firm Accenture. Accenture’s findings indicate that even amid the current economic uncertainty, a small core of companies about 7% have achieved nearly twice the efficiency and three times the profitability of peers. These future-ready companies have doubled-down on digital transformation and retooled operating models, pivoting from incremental improvements to wholesale reinvention. Based on a global survey of 1,100 senior-level executives and externally validated financial data, the report, “Fast Track to Future-Ready Performance,” assessed the impact of achieving progressive levels of business operations maturity with the highest level being “future-ready.” The
CFOs Need Greater Real Time Data: Accenture
A new report from Accenture is showing that chief financial officers are going to need excessive real-time data in order to pivot from measuring to creating value during COVID-19.
December 23, 2020
sdecoret
As chief financial officers continue to grapple with ongoing business disruptions from COVID-19, a new report from Accenture found finance leaders need more real-time data to pivot from measuring to creating value.
The new report from Accenture surveyed 450 CFOs and other finance leaders at companies with at least $1B in annual revenue. A key finding: While nearly all (99%) respondents believe operating with real-time data is critical to navigating disruptions, such as COVID-19 or the threat of a recession, just 16% of respondents are being informed by such data at the scale that’s needed.