The finance operating model is shifting and the pressure on banks’ finance teams to do more with less has never been greater. Financial scorekeeping is no longer their core responsibility. Successful finance teams must operate as strategic business partners, using tools such as advanced analytics and predictive modelling to bring data-driven insights to the business.
At the same time, banking’s traditional finance operating model is evolving—digital innovation and cloud-powered technologies are being used to automate transaction processing, manage data and risk, and enable strategic and actionable insights. This means finance organizations can spend less time processing manual transactions and more time moving the business forward.
Forward-looking CFOs are on the frontlines of banking innovation, modernising their finance functions so that their teams can spend less time closing the books and more time delivering business insights to the C-suite.
Click on the link to learn more about Oracle's finance modernisation for banking solution, including the six most influential forces shaping banking today: integrated data management, centralised financial accounting, multidimensional profitability analytics, connected planning and forecasting, risk management and regulatory reporting, and procurement and cost management.