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New Study: Finance and IT Alignment Critical to Enterprise Transformation Success

CrossCountry Consulting research finds connected leaders and common operating rhythms must be in place for organizations to effectively evolve Business…

Michael Webb | July 24, 2023

CrossCountry Consulting research finds connected leaders and common operating rhythms must be in place for organizations to effectively evolve

Business advisory firm, CrossCountry Consulting, has released the results of a comprehensive new study examining the alignment of Finance and IT as a critical enabler of enterprise digital transformation. The commissioned study, conducted by Forrester Consulting on behalf of CrossCountry, found that 95% of leaders agree that the two departments require a close and strategic partnership to successfully drive transformation across the enterprise, but a lack of knowledge-sharing and alignment complicates their ability to streamline end-to-end processes and technology.

The study, titled "Enterprise Digital Transformation is Fueled by Finance and IT Alignment," is based on a survey of over 300 U.S.-based Finance and IT leaders with digital decision-making authority at companies with more than $100M in annual revenue across a diverse range of industries. It offers key insights on the state of enterprise transformation, including how leaders and digital stewards can overcome critical challenges that impede progress and harness opportunities to advance. The results ultimately point to the alignment of platform and process across Finance and IT as the enabler that ignites holistic digital transformation.

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