Research from performance management software specialist Cartesis found that only 27% of CFOs are very confident in the financial facts and figures presented to them.
Just 17% said they were very confident about the interpretation and analysis of this data. The survey of CFOs in 150 of the world’s largest organisations also found that 5% expressed a total lack of confidence in figures, and 10% in the analysis of the data.
Cartesis said the survey showed several areas needed to be optimised to support business performance management.
Some 67% of respondents cited ‘converting data into meaningful information’ and 59% named ‘speed of data flows’ as priorities to support immediate aims.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars