Executives largely agree: FP&A is a group effort. The most successful teams collaborate across departments in a coordinated way using real-time data. The result is timely and informed decision-making across the organization.

Unfortunately, this is not how all finance departments work. In a recent survey, more than half of finance executives said their departments have a siloed mindset. For example, the data they focus on might not be relevant to the needs of leaders in R&D or marketing.

In this survey report, leaders share this and other big challenges of collaborating on data—and experts discuss how technology can go a long way toward solving them. You’ll learn the benefits of the right technology tools, such as:

• Real-time access to relevant data for all departments
• No more decision bottlenecks and clearer decision-making authority
• More time for strategic tasks such as forecasting and ad-hoc scenario planning questions

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