Converting organizations’ tax and finance functions into modern, data-powered operations that deliver insights to help direct the wider enterprise is one of the most significant and consequential business stories of this young century.

The EY organization has been chronicling this trend for the last five years with a series of surveys. The transformation began as a practical solution for these critical but cashstrapped divisions dealing with a confluence of pressures. These pressures include rapid legislative change, endlessly accelerating data and technology developments and a radically shifting talent environment, including a continued shortage of accounting and tax professionals.