Business leaders and management accountants must be alert to the potential of current developments in the role of the finance function (finance transformation) and business intelligence (BI). The combination of these developments provides an opportunity to reshape decision making and improve performance.
Management accountants have important roles to play in unlocking the potential in BI and finance transformation. BI may threaten some traditional accounting roles in producing management information but it presents new opportunities to stimulate stalled finance transformation projects and release management accountants’ capacity to take on decision support roles and improve decision-making.
