The Office of CFO is now being tasked to work quickly and assess the financial situation on a short notice to provide recommendation to their board on the potential course of action and mitigation plans. Many of these organizations are re-working and adjusting their sales forecast, running regular scenario analysis, to give a full view of the impact in their business.
More than ever, a modern finance transformation platform that aids the Office of Finance to react more quickly to the dynamically changing market forces is now essential.