Outsourcing Financial Planning and Analysis (FP&A) and Why Microsoft Has Adopted it as a Best Practice
The daily challenge that we hear from CFOs is being caught in the 70/30 trap, spending 70% of their time on tactical matters and only 30% on the strategic issues that impact the company’s future. While the 70/30 trap may allow a business to maintain its current course, it is not the most effective use of time or resources for financial decision-makers. How then to increase the time available to spend on strategic matters?
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The daily challenge that we hear from CFOs is being caught in the 70/30 trap, spending 70% of their time on tactical matters and only 30% on the strategic issues that impact the company’s future. While the 70/30 trap may allow a business to maintain its current course, it is not the most effective use of time or resources for financial decision-makers. How then to increase the time available to spend on strategic matters?