Agile Finance and How Oracle EPM can Assist?
The first thought might be: Agile and Finance, really? Isn't Finance bounded by statutory guidelines and timelines which finance can't afford to miss? Is anyone using Agile Finance? If yes, is success envisioned? How Finance can relate to Agile manifestos? How to know If I am heading towards Agile Finance? How EPM can help? We will try to address these in today's blog post. Today, successful CFOs are thinking Agile, they empowered with tools and technology to make informed decisions quickly, adapt to constant change, and implement new strategies with accelerated speed. The Association of International Certified Professional Accountants (AICPA) surveyed nearly 500 senior finance executives in organizations across the USA and Canada and found that 89% of businesses embracing an agile finance approach are more likely to report positive revenue growth, and 95% are more likely to report increasing profitability 1. Am I magically and logically heading towards Agile finance?