Date captured: 2022-10-01

Source: Hackett / SAP

In 2022, finance leaders must remain laser-focused on delivering real performance improvements and adding value to the enterprise amid continued disruption. The Hackett Group’s 2022 Key Issues Study reveals a slate of finance priorities and critical actions organizations must take to succeed.

• Top 10 finance priorities for 2022
• 3 critical areas for development to succeed
• 7 new finance disruptors and opportunities
• 4 emerging themes shaping the 2022 transformation agenda
• 2022 finance workload, staffing, budget and technology spend projections
• 6 critical areas to focus on in 2022

While business leaders expect a return to growth and expansion, disruption continues to come at them from multiple directions – including supply chain, talent, inflation and other risks, not to mention the uncertainty surrounding the trajectory of the pandemic. These factors will impact what was already an ambitious finance agenda in 2022.

In late 2021, The Hackett Group conducted its annual Key Issues Study, revealing finance executives’ priorities as they look ahead to 2022

Four key themes emerged from this research:

1. Digital transformation remains front and center, with many of the function’s top priorities dependent on the ability to accelerate it. Finance executives are placing particular emphasis on improving analytical, modeling and reporting capabilities.
2. Finance organizations are thinking critically about building the next-generation workforce. Among all workforce initiatives, acquiring or developing new skills stands out as a key goal as organizations strive to fill gaps in the talent they will need for the future.
3. Finance organizations plan a number of initiatives centered around strengthening business partnering to increase enterprise value contribution.
4. Finance continues to emphasize greater cost-efficiency. With the finance workload expected to grow in 2022 but budgets and resources remaining at or below current levels, executives are counting on technology to help fill the productivity gap.

Publication: www.thehackettgroup.com/2022-finance-key-issues-2201