http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/ba-p/109593 <p>HP recently hosted the second annual <a href="http://www.hp.com/go/cfoforum2012" target="_blank">HP CFO Forum</a> with Finance executives from a variety of industries and from across the Americas.  When asked about the top challenges their firms are facing, respondents appeared to be split amongst three key issues – transforming the business, positioning the company for growth, and improving profitability.</p><p> </p><p><img title="table1.jpg" src="http://h30507.www3.hp.com/t5/image/serverpage/image-id/10259iDC905AB149AB3B89/image-size/large?v=mpbl-1&amp;px=-1" alt="table1.jpg" align="center" border="0"></p><p> </p><p> </p><p>With many companies faced with outdated and inflexible systems, a concern we often hear is the ability to quickly access and utilize their enterprise’s data to make timely and better informed, data-driven decisions.  The explosion of structured and unstructured data available has created more challenges and opportunities for firms.  When asked about the challenges related to better utilizing their enterprise’s data, the attendees responded as follows:</p><p> </p><p><img title="table2.jpg" src="http://h30507.www3.hp.com/t5/image/serverpage/image-id/10263iE54014F1AE8CB0B2/image-size/large?v=mpbl-1&amp;px=-1" alt="table2.jpg" align="center" border="0"></p><p> </p><p>To deal with the variety of challenges in the current environment, we see firms looking to new solutions to address these challenges and improve their competitiveness.  Based on the HP CFO Forum attendee’s responses, they concur that new ideas and innovations are needed to address enterprises finance challenges.</p><p> </p><p><img title="table3.jpg" src="http://h30507.www3.hp.com/t5/image/serverpage/image-id/10267i7EC6A691987BD26C/image-size/large?v=mpbl-1&amp;px=-1" alt="table3.jpg" align="center" border="0"></p><p> </p><p>Thinking about your firm, how would you respond to these questions?  Visit us on <a target="_blank" href="http://www.facebook.com/HPEnterpriseServices">facebook</a> to take the survey.</p> Thu, 22 Mar 2012 20:06:33 GMT Rachel 2012-03-22T20:06:33Z http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/ba-p/109593 <p><img title="Picture1.png" src="http://h30507.www3.hp.com/t5/image/serverpage/image-id/10249iDB27750318F65842/image-size/small?v=mpbl-1&amp;px=-1" alt="Picture1.png" align="left" border="0">HP recently hosted the second annual <a href="http://www.hp.com/go/cfoforum2012">HP CFO Forum</a> with Finance executives from a variety of industries and from across the Americas. </p> Thu, 22 Mar 2012 20:06:33 GMT http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/ba-p/109593 Rachel 2012-03-22T20:06:33Z http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/bc-p/110505#M139 <p>Thanks for good information.It is good article.It great helps us for knowing.</p> Thu, 05 Apr 2012 07:06:04 GMT http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/bc-p/110505#M139 Tajmul 2012-04-05T07:06:04Z http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/bc-p/111039#M145 <p>It is clearly the case that innovation is crucial to evolving to new developments. CFO's clearly realize that with continuing technological developments staying ahead of the curve is paramount. What may have worked 5 years ago, just isn't going to cut it now. That's why CFO's have to be innovative, otherwise their comapnies could suffer.</p> Fri, 13 Apr 2012 13:26:43 GMT http://h30507.www3.hp.com/t5/BPO-Blog/Addressing-Today-s-Challenges-in-Finance/bc-p/111039#M145 Paretofp 2012-04-13T13:26:43Z