target audience: TECH BUYER Publication date: Mar 2024 - Document type: IDC Perspective - Doc Document number: # US51906423
Finance Transformation: Company Financial Policy Will Need to Be Revamped
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Abstract
This IDC Perspective discusses the essential financial policies and why they are important, how often to review/revamp them, and how they relate to finance transformation. This document also discusses current trends or topics of interest by the CFO relating to financial policy.
"Many are of the opinion of setting it and forgetting it or don't focus on keeping their financial policies updated or reviewed on a regular basis. This can have significant risk to the company, given regulation changes, finance transformation, and overall business environment changes. Don't underestimate the importance of your companies' financial policies." — Heather Herbst, research director, IDC's Worldwide Office of the CFO