Finance teams have established reputations for narrowly focusing on reducing costs and providing historical reports on financial performance. But to prepare their companies for the future, finance leaders will need to rethink the skills they need to develop within their ranks. 

To achieve maturity, finance leaders will also need to rethink what they require from technology. As recent research from The Hackett Group reveals, digital transformation is now an essential rite of passage for companies that aim to automate the routine tasks that finance teams have traditionally performed while ensuring that finance teams have the analytical acumen that is necessary for planning beyond the next budgeting cycle.