"Complexity" is a theme common to four of the top five issues finance executives face.
Results suggest it is possible to reduce finance budgets to the point where it impedes the development and maintenance of key finance capabilities.
According to 53 percent of respondents, regulation is the environmental factor seen as having the highest impact on the finance function.
Finance Masters are more likely to be focusing today on an even split between growth and cost control (39 percent, versus 26 percent of non-masters)
Finance masters are more aligned than non-masters with the enterprise’s growth agenda.
Organizations reporting the smallest finance budget also reported having less-sophisticated finance capabilities.
The percentage of finance executives in 2011 reporting advanced finance capabilities far exceeded the percentages reported in our 2008 study.