When the pandemic hit, annual financial plans were no longer relevant. CFOs had to rethink budgets entirely and allocate capital for unplanned resources, considering factors like technology and safety that may not have been a priority otherwise.
It’s easy to look at this sudden shift and assume finance decisions driven by COVID-19 are temporary measures. But the truth is, the financial services field was already moving toward some of these trends prior to the pandemic. COVID-19 just accelerated the speed at which businesses adopted them.
The Planful team expect five key shifts to define the finance sector after the pandemic. Read more in the e-book.
