The office of finance and the race for agility
The management of volatility in any market and the associated risk factors have grown exponentially – adequate planning was important before, but it is doubly so now.
Bringing new medicines to market successfully requires the ability to model and forecast complex scenarios across your product mix, distribution channels and markets. Pharmaceutical companies also need to strike the right balance between expenditure on R&D and acquisition. Ensuring your business is profitable often requires complex calculations and forecasts covering multi-year planning cycles.
With Verostone’s solutions, you can model multiple future scenarios, cash flow, balance sheets and integrated P&L, to empower robust financial and operational decision-making. New projects need to be weighed up carefully in order to ensure they are viable, both in the short-term and throughout the product lifecycle. Verostone helps you mitigate risk by reducing unknowns and modelling the future.
The management of volatility in any market and the associated risk factors have grown exponentially – adequate planning was important before, but it is doubly so now.
From managing the financial operations to analysing the strategic decision making of the company, the role of CFO is of critical importance.
Digital transformation for finance has been a hot topic for some time, and the events of the last year have only served to add urgency to the issue.