Finance transformation

Leverage finance transformation to maximise business profitability

Finance transformation mandate: Do better with less

Finance leaders struggle to balance increasing demands for finance function support with decreasing finance function budgets. As a result, 85% of finance teams are currently undergoing or planning a finance transformation. However, only 30% of finance transformation initiatives deliver the forecast benefits to the business. 

Download “Hallmarks of Winning Finance Transformations” to learn the best practices of successful finance transformations. 

Download Research

Learn what winning teams do differently with this finance transformation guide.

By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Contact Information

All fields are required.

  • Step 2 of 3

    By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    Company Information

    All fields are required.

    Optional Optional
  • Step 3 of 3

    By clicking the "Submit" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    Using Gartner resources, we cut the time needed to restructure the finance organisation in half, and we achieved a high-quality outcome.

    Ivan Duvnjak

    CFO, Bariatrix Nutrition

    Ensure the success of your finance transformation

    Gartner has worked with 77% of the Fortune 1000 on finance transformations to document best practices that enable successful finance transformation at any organisation. Our insights, data, best-practice roadmaps and leadership frameworks ensure the speed and quality of your finance transformation. 

    Finance transformation initiatives

    We enable finance leaders to:

    • Evaluate, prioritise and scope activities to build a finance transformation roadmap
    • Create a future-state design with best practices, case studies and tools to support the business case
    • Implement strategies that create value for business partners
    • Keep finance transformation projects on schedule, on budget and sustainable

    Read how we helped the City of Sydney steer large-scale finance transformation and drive continuous improvement.

    Effective Finance Transformation & Operations

    A driving factor for many finance transformation efforts is to drive productivity and cut costs. The best way to start evaluating the areas that need improvement is to start with benchmarking the metrics that are key to finance operational efficiency.

    81% of companies have experienced a major reorganisation in the past 12 months
    For strategic decisions, top-quartile analysis can increase sales by 1%

    Finance analytics

    Many finance leaders find it difficult to convert finance analytics to business insights as part of finance transformation initiatives. Recapture the value of finance analytics in corporate decision making.

    A graph showing the Indexed value of decisions driven by bottom-, average-, and top-quality analysis, reported by senior decision makers.

    Finance talent

    Finance talent needs are shifting at a rapid pace, and it is vital to finance transformation success that finance leaders equip the finance function with next-generation skills.

    Effective talent managers are 50% more likely to exceed their financial goals
    89% of shared-service organisations have more work to do and 57% have less money to do it with

    Shared services

    Finance transformation initiatives require significant alignment with shared services. Adjust the back office to be more cost-efficient.

    89% of shared-service organisations have more work to do and 57% have less money to do it with

    Finance IT

    Whether your finance transformation involves a complete overhaul of your IT systems or improving existing outdated systems, it is necessary to understand the changing IT landscape to do it successfully.

    29% of teams say that the current finance IT operating model effectively supports technology needs.

    Questions about becoming a Gartner client?

    Experience Gartner conferences

    Master your role, transform your business and tap into an unsurpassed peer network through our world-leading virtual and in-person conferences.

    Case Study

    How does Gartner support finance transformation?

    Listen to the Capital Blue Cross CFO discuss Gartner’s end-to-end management support and expertise in business transformation.

    Gartner Finance Transformation Experts

    Gartner’s Finance experts include more than 35 people worldwide. Meet a few of our leaders. 

    Cliff Struhar 
    VP, Advisory

    Timothy Raiswell
    VP Analyst

    Johanna Robinson
    Managing VP

    Dennis Gannon
    VP, Advisory

    Gartner’s finance experts are trusted, objective advisors for 1,750+ finance organisations

    Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.