The pandemic recovery is neither speedy nor even. Each country, city, community or organization has had to face different challenges in order to return to a position of stability and growth.
While its clearly not possible to prepare for an unprecedented event, those organizations that had invested in modern efficiencies in their finance function fared better during, and now after, the most pressing crisis of a generation.
As the world changed, companies were forced to change with it, and this meant near-constant re-forecasting to provide vital insight to underpin strategic decisions. Under this extreme duress, it became clear that PBF and reporting are both vital and underinvested.
So now, senior finance executives are urgently trying to speed up and simplify the process in order to survive in a rapidly changing landscape.
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