Six hypotheses for the future of finance insights
Here you will find a text description of the hypotheses the graphic on the main article.
i. The role of financial business partner will become more strategic and collaborative to support operational decisionmaking across the organisation.
ii. Oversight, guardianship of data integrity and standards will be an essential part of the role, including aspects of nonfinancial and external data as well as financial data.
iii. Effective business partners will increasingly focus upon evaluating and predicting performance against the six capitals; supporting the organisation’s overall purpose.
iv. Business partner roles will be more commonplace than other finance roles as a result of automation amd process efficiency.
v. A failure to evolve the skills of the business partner will render the effectiveness of the role obsolete.
vi. Self-service reporting and the emergence of AI and machine learning will free up business partners and take previous responsibilities out of their hands.