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Finance Function 2019: Fewer Functionaries, More Strategists

At most companies today, finance operates in a typical pyramidal hierarchy, with a thin layer of leadership at the top, a middle-management layer, and at the bottom a “finance factory” — essentially a data processing unit. However, because technologies such as robotic process automation (RPA) are increasingly occupying that bottom layer of the pyramid, we see finance organizations shifting into something more closely resembling a diamond-shaped structure. As 2019 progresses and gives way to 2020, there will be fewer processing-oriented roles and a larger middle layer where more insight-oriented activities will take place. Read more at CFO.com.