Summary
This document is a survey report focusing on finance executives in the retail and consumer goods (CPG) sectors. It outlines the current priorities and foundational challenges these leaders face in financial planning and analysis (FP&A). The survey indicates a strong emphasis on technology-enabled FP&A, with finance leaders prioritizing financial planning, profitability analysis, strategic planning, data security, and process improvement. The report also highlights the need for improved data visibility and standardization to support accurate FP&A, as many organizations struggle with data consolidation. Additionally, the report discusses the adoption of generative artificial intelligence (GenAI) among finance departments, noting that while many are leveraging AI for various functions, foundational components like data access and accuracy remain critical. The document concludes by emphasizing the importance of leadership development and the need for robust cybersecurity measures in the face of increasing threats. Overall, it presents a comprehensive view of the challenges and priorities for finance leaders in the CPG and retail sectors.
