How Finance Leadership Pays Off

Oxford Economics and SAP surveyed 1,500 finance executives worldwide in early 2017. We identified a group of Finance Leaders who are setting the pace and boosting performance throughout their businesses.

Section 1

SIX WAYS CFOs Are Leading the Pack

1

Drive strategic growth initiatives

Drive strategic growth initiatives
Runner One
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2

Collaborate regularly with business units

Collaborate regularly with business units
Runner Two
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3

Have effective core finance processes

Have effective core finance processes
Runner Three
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4

Improve efficiency with automation

Improve efficiency with automation
Runner Four
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5

Have strong influence beyond the finance function

Have strong influence beyond the finance function
Runner Five
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6

Are well-equipped to handle regulatory change

Are well-equipped to handle regulatory change
Runner Six
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Section 2

FINANCE LEADERS Win by Big Margins

Market-share growth

90%

Finance Leaders are
90% more likely than
non-Leaders to report market-share growth.

Cutting-edge technology

43%

Finance Leaders are
43% less likely than non-Leaders to struggle with outdated systems.

Control
over costs

30%

Finance Leaders are
30% less likely than
non-Leaders to worry about rising costs.

Section 3

COLLABORATION:The Performance Enhancer

84% of Leader firms use technology to promote collaboration between finance and other functions, vs. 64% of non-Leaders.

75% of Finance Leaders collaborate with Marketing,
vs. 55% of non-Leaders.

95% of Finance Leaders collaborate with Operations,
vs. 85% of non-Leaders.

64% of Finance Leaders collaborate with Sales,
vs. 38% of non-Leaders.

Section 4

THE RIGHT TOOLS Optimize Speed and Efficiency

83%

REAL-TIME ANALYTICS

83% of Leaders use real-time analytics, vs. 45% of non-Leaders.

93%

BIG DATA

93% of Leaders use
Big Data, vs. 64% of
non-Leaders.

66%

Internet
of Things

66% of Leaders use IoT, vs. 31% of non-Leaders.

Finish Line

Building a PRIZE-WINNING FINANCE FUNCTION

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Leverage financial expertise in strategic
decision-making.

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Encourage collaboration between finance and business units.

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Envision finance as an organization-wide service.

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Consider next-gen technology to automate routine tasks.

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Use analytics to enhance agility and drive
strategic growth.

1 2 3

Read more about the six ways that CFOs stay ahead at:

www.sap.com/cfo

Oxford
SAP