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According to a global survey of CFOs and CHROs, a strong relationship between the two departments can improve employee productivity and engagement, and result in higher corporate earnings. However, in order to create a positive working relationship based on collaboration, the finance and HR teams must have an appreciation for the goals – and the work – of each other's department.
In the past, the finance and HR teams had separate systems that didn't align or integrate with each other. But now that data in these systems need to be easily accessible so that businesses can gain relevant information more quickly. According to HBR research, 89% integrated reporting and analytics lead to increased data sharing across HR and finance.
Therefore, moving finance and HR systems to the cloud is a strategic necessity, and not just a pathway to cost reduction.
Join us for this Live Webcast to find out why 35% of respondents' businesses in America plan to create shared finance and HR functions within a year, what their primary objectives are, and more.
Attendees will get a chance to win a raffle ticket to their choice of major local sporting teams:
- The Changing Landscape
- Moving to the Cloud
- HBR Research
- 7 Critical Success Factors
- Results and Future Plans
- Customer Success Stories