As we look ahead to 2025, CFOs face a dynamic and demanding environment. According to Gartner’s Q1 CFO Report, the key challenges for finance leaders are clear: cost management, talent retention, and adaptive data governance. At PRYZM, we work with world-class technology platforms to empower clients to overcome these challenges.
Here’s how each solution aligns with the unique needs of modern finance teams.
Challenge 1: Sustainable Cost Management
The CFO’s mandate to reduce costs while driving growth requires more than one-off measures—it demands structural, sustainable change.
For clients leveraging OneStream, we’ve seen incredible success in embedding cost optimisation into everyday operations. OneStream’s unified platform allows for centralised data management and automated reporting, providing CFOs with instant insights into cost structures. For instance, one manufacturing client achieved a 15% reduction in operational costs by identifying underperforming areas and reallocating resources based on real-time data.
Similarly, with Planful, finance teams can create dynamic scenarios to evaluate cost-saving strategies without compromising on growth. In one retail implementation, rolling forecasts enabled the client to react quickly to market shifts, cutting their planning cycle by 40% and improving cost control across their value chain.
Challenge 2: Retaining and Engaging Finance Talent
High attrition rates in finance often stem from outdated processes and limited growth opportunities. Addressing this requires enabling employees with the right tools and skills.
With Boomi, we’ve helped clients integrate disparate systems, reducing manual workloads and empowering teams to focus on higher-value tasks. For example, a financial services client reduced manual reconciliation efforts by 30%, enabling their finance team to dedicate more time to strategic decision-making and employee upskilling.
On the other hand, Trintech’s Adra supports talent engagement by automating routine tasks like balance sheet reconciliations. For a global SaaS client, this eliminated 70% of errors while increasing employee satisfaction through reduced workload stress, ensuring the finance team could focus on their professional growth.
Challenge 3: Adaptive Data Governance for AI-Driven Success
As AI becomes a cornerstone of finance operations, the importance of adaptive data governance cannot be overstated.
Using OneStream’s extensibility and workflow capabilities, organisations can implement robust governance practices while scaling innovation. A recent client success story involved rolling out adaptive governance across 10+ business units, ensuring consistency while enabling localised decision-making.
For clients using Adra, adaptive governance integrates seamlessly with automation, ensuring data accuracy at every stage of financial processes. These capabilities have paved the way for AI readiness, with finance teams gaining confidence in the reliability of their data.
How PRYZM Stands Out
At PRYZM, we bring together deep finance expertise with a strategic understanding of best-in-class technologies. Our role is to help clients navigate their unique challenges by tailoring solutions to their specific needs.
We implement and optimise leading technologies like OneStream, Planful, Boomi, and Adra to help clients streamline operations, enhance automation, and enable data-driven decision-making. Regardless of the platform, our mission remains consistent: empowering clients to build resilient, future-ready finance functions tailored to their unique needs.
Let us help you design the future of finance. Contact us today to discuss how we can align your finance priorities with cutting-edge solutions.
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