{"id":21317,"date":"2024-12-31T10:08:34","date_gmt":"2024-12-31T10:08:34","guid":{"rendered":"https:\/\/47billion.com\/?p=21317"},"modified":"2024-12-31T10:20:57","modified_gmt":"2024-12-31T10:20:57","slug":"what-financial-giants-are-looking-forward-to-in-2025","status":"publish","type":"post","link":"https:\/\/47billion.com\/blog\/what-financial-giants-are-looking-forward-to-in-2025\/","title":{"rendered":"What Financial Giants Are Looking Forward to in 2025?\u202f"},"content":{"rendered":"\n

As we approach the midpoint of this decade, the financial <\/a>landscape is undergoing a seismic shift. Emerging trends, such as of AI, underscore the urgent need for reskilling and upskilling among finance professionals to navigate the rapidly evolving macroeconomic environment.\u00a0\u00a0<\/p>\n\n\n\n

These shifts demand more than just technological adoption; they call for a complete reimagining of how finance functions operate and deliver value.  <\/p>\n\n\n\n

In this context, organizations must renew their focus on high-quality data, reinvest in building the capabilities of their finance teams, and embrace more agile working models to unlock the full potential of innovations that come with the adoption of AI<\/a>. The trade-off between cost reduction and increased effectiveness is increasingly recognized as a false choice. Instead, leading finance departments are redefining enterprise value creation by lowering absolute costs while reallocating resources to higher-value activities.\u00a0<\/p>\n\n\n\n

Recent analyses of finance functions across industries reveal striking insights: over the past decade, finance organizations have reduced costs by an average of 29%, while leaders in the field have simultaneously shifted 19% more time towards value-added activities. These “finance leaders” demonstrate that operational efficiency and strategic impact can coexist. <\/p>\n\n\n\n

In this blog, we explore imperatives that are driving transformation in finance in 2025: expanding efficiency opportunities beyond transactional activities, strengthening data management, integrating advanced analytics and decision-making tools, and reimagining the finance operating model to nurture new skills. <\/p>\n\n\n\n

 These imperatives offer a clear roadmap for organizations aspiring to join the ranks of finance-function leaders, enabling them to cut costs, improve data quality, and guide enterprise-wide decision-making. <\/p>\n\n\n\n

The future of finance isn\u2019t just about keeping pace with change\u2014it\u2019s about leading it. Let\u2019s dive into the strategies and insights shaping the financial outlook for 2025. <\/p>\n\n\n\n

1. Revolutionizing Finance with Agile Operating Models <\/h3>\n\n\n\n

The traditional finance operating model is undergoing a major change. Organizations are moving away from rigid hierarchies and toward dynamic, networked structures that prioritize speed and flexibility. Key features of this transformation include: <\/p>\n\n\n\n