Finance transformation is a journey. In an era of persistent regulatory requirements, strategic business change and financial technology (fintech) advances financial services organizations (FSOs) face increasing pressure to be more digitally optimized. Embedding new ways of working that support strategic objectives, growth, and value creation is critical to navigate this continual wave of change. Agile is the most talked about approach to deliver effective transformation for a modern finance function.
The latest data from the Scrum Alliance shows that ‘Board Focus’ was the highest scoring among the Agile maturity measures, so we know it’s in focus. This is also supported directly in finance practices as outlined in Capco’s CFO of the Future Journal. Where Agile maturity is deemed to be furthest behind in adoption of Agile methods and having funding models (with the lowest scores at 44 percent) that align to Agile delivery.
Discover what this means for finance functions in this paper.