Last week, The Hackett Group released a report aptly titled “Transforming the Finance Organization: Ambition vs. Reality.” It combines the results of two Hackett research projects and reaches the conclusion that finance teams have been biting off more than they can chew when it comes to transformational projects. However, Hackett also finds that finance executives’ change agenda in 2013 was considerably more modest than it was a couple years prior—suggesting that ambition in the finance function may be starting to align more closely with reality.
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Wage and hour settlements accounted for $1.2B of the total.
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