The 85% Problem: Why Your Finance Team Spends Most of Their Time Not Doing Finance
Here's a statistic that should concern every CFO: according to 2024 research from Accenture, finance teams spend 85% of their time on data triage-gathering, validating, and reconciling numbers. Only 15% of their time goes to the strategic work they were actually hired to do. If that sounds familiar, you're not alone. The reality is that most CFOs today can't confidently answer a deceptively simple question: "Where did this number come from?".