SAP: SAP Solution Extensions Shape the Future of the Remote Finance Organization

Emerging from one of the most significant workplace experiments in our lifetime, chief financial officers (CFOs) are considering the viability of remote work – permanently.

The verdict depends on companies having the right technology in place to manage every financial move with accountability, governance, and compliance off site without disruption.

After years of questioning whether their organizations can work effectively remotely, finance leaders finally received their answer less than one month after complying with local stay-at-home orders. CFOs, surveyed by Gartner at the end of the first quarter of 2020, realized cost savings that support business continuity and did not negatively impact operations. In response, nearly 75 percent expect to continue with this arrangement permanently with at least five percent of their previously on-site workforce.

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