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  • Blog
    Prioritize Cost Optimization Over Cost Cutting to Achieve Meaningful Results
    As pressure to reduce costs increases, CFOs have an opportunity to deepen their cross-functional influence and fortify their advisory role to the CEO and other C-suite leaders. Consider long-term viability: In today’s fast-moving business climate, old-school cost cutting can, while perhaps achieving a short-term quarterly objective, do more long-term harm than good. Keep in mind: Optimizing…
  • Blog
    Demystifying Digital Transformation in Finance
    Digital transformation in finance has been on the docket for years. So, why do organizations still struggle? The status quo is filled with manual, spreadsheet-driven workflows and fractured application ecosystems that may have been caused by failed attempts at digital transformation — and significant investments alone will not guarantee success. These issues have led to reduced data integrity…
  • Blog
    How M&D Companies Can Gauge their BP&A Capabilities and Prepare for Unknowns
    Business leaders in the manufacturing and distribution industries are facing relentless pressure to cut costs and reduce operational inefficiencies while maintaining the quality of output. This is elevating their focus on effective business planning and analysis (BP&A). According to the results of our latest Global Finance Trends Survey, 42% of CFOs and finance leaders in manufacturing and…
  • Blog
    5 Considerations to Improve SAP S/4HANA Embedded Analytics Reporting
    Enough clients have asked questions about embedded analytics in SAP S/4HANA to warrant a blog post with considerations for analytic teams to use in preparation for an SAP S/4HANA implementation. This blog provides five considerations that have improved ROI for our clients. These considerations highlight new ways of working and the art of the possible in the organization’s future S/4HANA system…
  • Blog
    The OCC’s 2020 Supervision Plan Targets Emerging Risks Facing Financial Institutions
    In its 2020 fiscal year bank supervision operating plan, the Office of the Comptroller of the Currency (OCC) identifies cybersecurity and operational resiliency, Bank Secrecy Act/anti-money laundering compliance management, commercial and retail credit underwriting practices, and commercial and retail credit oversight and control functions  among its top supervisory priorities. In…
  • Blog
    Succession Planning: Preparing for the AI-Fueled Future of Corporate Finance
    The organizations that thrive in 2030 will be those that treat talent development, AI integration and organizational agility as interconnected priorities requiring coordinated action today and careful consideration of implications. AI adoption is surging: Our survey of global finance leaders shows that nearly three-quarters of finance organizations currently employ generative and/or agentic AI —…
  • Blog
    Winning the Finance Talent War: Five Strategies
    Recruiting and retaining the right resources in the finance function has never been more critical due to accelerating adoption of new technologies and complying with a growing list of regulations. But a finance labor shortage often stands in the way of these imperatives, posing operational risks. Protiviti’s latest Executive Perspectives on Top Risks Survey, conducted annually by Protiviti and…
  • Blog
    Finance Trends: RPA Paves the Way for Process Improvement
    Improving processes is a top priority for finance organizations, outside of data security and analytics, according to Protiviti’s 2018 Finance Trends Survey. Robotic process automation (RPA) offers one of the best ways to do that. And yet, judging from the results of the survey, many finance executives are either not aware of or are not ready to commit to this relatively low-cost, non-intrusive…
  • Blog
    Lessons from a Pandemic: SAP Leaders Detail Financial Tech Trends
    Digital transformation and the migration of critical systems to the cloud were underway long before COVID-19 forced companies to quickly convert to a remote work footing in early 2020. The global pandemic, however, provided an imperative for companies to accelerate their plans. That shift, or “tech-celeration,” provides important context in which to analyze the answers of respondents from…
  • Blog
    Five C's for Cost Savings in the Cloud
    In Protiviti’s most recent Finance Trends survey, more than half (58%) of the respondents said they plan to increase their spending on cloud applications in 2020. Considering this number includes those who are contemplating migration or have already migrated to the cloud, the adoption of these technologies is not just a possibility but rather, a reality.   For…
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