Instinct Meets Insight: 1 in 2 CFOs rely on gut- instinct ... · 1 in 2 CFOs rely on gut-instinct when making decisions Results from a global survey conducted by Redshift Research
Post on 14-Nov-2018
217 Views
Preview:
Transcript
© 2015 Epicor Software Corporation
Instinct Meets Insight: 1 in 2 CFOs rely on gut-instinct when making decisions
Results from a global survey conducted by Redshift Research and Epicor Software Corporation
June 2015
© 2015 Epicor Software Corporation
New survey reveals that CFOs struggle to access the right data for decision-making.
© 2015 Epicor Software Corporation
They are bombarded with more data sources, more channels, more numerous and complex business models…
© 2015 Epicor Software Corporation
…more global nature of business, and more reliance on external partners.
© 2015 Epicor Software Corporation
The survey said 46% of CFOs are forced rely on their gut-feel and instinct to make business decisions, instead of hard data.
© 2015 Epicor Software Corporation
37% said that mistakes had been made due to a decision being made based on inaccurate information.
© 2015 Epicor Software Corporation
Nearly 1 in 4 struggle to get the information they need.
© 2015 Epicor Software Corporation
And they don’t have the right tools in place to gain the insight from the data.
© 2015 Epicor Software Corporation
Nearly 1 in 4 struggle to get the information they need.
© 2015 Epicor Software Corporation
32% say that the financial system that they use needs updating.
© 2015 Epicor Software Corporation
And, the majority still rely on Excel spreadsheets to gain access to their data.
© 2015 Epicor Software Corporation
CFOs are trying to combat this by upgrading their IT systems to give them more comprehensive and accurate data.
© 2015 Epicor Software Corporation
A third say that investment in new systems will have a big impact on them soon.
© 2015 Epicor Software Corporation
We believe the solution can be found in a next-generation ERP platform.
© 2015 Epicor Software Corporation
That delivers the right data to financial decision-makers, at the right time, to help them make the right decisions.
© 2015 Epicor Software Corporation
And simplifies collaboration with customers, suppliers, and partners.
© 2015 Epicor Software Corporation
Enabling the CFO to add value to the data by using their experience and instinct to help companies boost profitability and growth.
© 2015 Epicor Software Corporation
Read more in our eBook about the survey and how Epicor ERP can support financial executives who want to focus on profitability and growth.
http://www.epicor.com/global-finance-survey
© 2015 Epicor Software Corporation
Visit www.epicor.se
E-Mail info.sweden@epicor.com
Twitter @EpicorEMEA
Call +46 (0) 8 601 08 00
And then contact us to see how Epicor ERP can help you make better decisions.
© 2015 Epicor Software Corporation
Make better decisions with Epicor ERP and grow faster
© 2015 Epicor Software Corporation
Thank You
top related