Effective financial management requires the ability to understand an organization’s current condition while having visibility into its potential future state. This enables executives to make consistently better-informed decisions sooner. Unfortunately, few small and midsize businesses (SMB) have that ability because they lack the systems that make this information readily available and usable. They may not be aware that technology advances achieved over the past decade have made it possible for SMB organizations to deploy capabilities once available only to large enterprises.
The CFO Answer Machine: Past, Present and Future Visibility for Small and Midsize Companies
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About the Author
SVP and Research Director
Robert Kugel is responsible for the Office of Finance and business research, focusing on the intersection of information technology with the finance organization and business. His research agenda includes the application of IT to finance and business process optimization, looking particularly at ERP and continuous accounting, financial performance management, predictive planning, price and revenue management, revenue and lease accounting and robotic finance.