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2023’s Top Trends for Finance Teams in Europe, the Middle East, and Africa

Jet Global

Chief among them are: 35% Budgetary restraints 27% Raised prices 26% Lack of skills in team 25% Manual and time-consuming processes 23% Adoption of New Technology This year’s survey also highlighted a significant drop in teams around the world expecting to grow in 2023 down to 64%, compared to 73% in 2022. Request a demo today.

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insightsoftware Ranks in the Gartner Magic Quadrant for Financial Close and Consolidation Solutions

Jet Global

To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing. Optional capabilities include financial reporting risk management and disclosure management.

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Agility for Strategic Decision-Making: A Finance Team Imperative

Jet Global

Other related tasks that saw big jumps in prioritization for finance were “management of company’s investments,” “internal risk management,” and “short-term business strategy,” all of which carry strong strategic importance. Technical accounting (up 13 percent from 72 percent in 2021 to 85 percent in 2022). Download Now.

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Top 5 Trends Impacting Finance Teams in 2024

Jet Global

Generative AI Since ChatGPT was released in November of 2022, generative AI has exploded onto the global market. Inputting and exporting data manually from your ERP into a spreadsheet can also lead to inaccuracies that are hard to spot without careful review. But finance teams are slow to adopt this technology.

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