White Paper
Eye of The Storm- F&A’S ROLE IN RESPONDING TO INSTABILITY & VOLATILITY
F&A professionals are navigating unprecedented economic, business, and geopolitical challenges, intensified by the Ukraine invasion, leading to high energy prices, inflation, and a cost-of-living crisis. This environment prompts a global recession expectation, increased scrutiny of financial reporting, and a necessity for real-time financial data visibility. The survey of 1,483 C-suite and F&A professionals across various countries revealed concerns over the economy, with 61% expecting a recession within a year. Additionally, there's a focus on cash flow importance, rising interest rates' impact, and the crucial role of technology in ensuring accurate financial data and operational efficiency amidst increasing regulatory scrutiny and talent management challenges.