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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.
News Category Global Banking & Finance Reviews
CFOs Need Greater Real Time Data to Pivot from Measuring to Creating Value Amid COVID-19, Accenture Report Finds
CFOs Need Greater Real Time Data to Pivot from Measuring to Creating Value Amid COVID-19, Accenture Report Finds As chief financial officers (CFO) continue to grapple with ongoing business disruptions from COVID-19, a new report from Accenture (NYSE: ACN) 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 thats needed.