Business.com

5 Trends That Will Shape Finance in 2018

Focus on Finance Series

Once a simple role dedicated to forecasting, budgeting and reporting, typical finance leaders now find themselves shifting from managing money to defining strategy for a company. 

This fundamental swing requires skills beyond the accountancy profession (long-term planning, risk management and strategic conceptualization) as a broader purview of the people, processes and technology at the heart of every modern company. 

But it starts in finance. Here, the challenges and trends set the tempo for the rest of the company.

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Five Significant Trends to Pay Attention to

1. New productivity through automation.

2. Simplified auditing prep.

3. Records management - without compromise.

4. The mobile workforce.

5. Moving to the cloud.