Driving the Strategic Agenda: The CFO’s Road Ahead

The role of the CFO is changing dramatically. CFOs are increasingly being called upon by their CEOs to play a more significant role in driving strategy, growth, and operational excellence in their organizations. They are also being asked to collaborate with business partners across the enterprise and provide insights—beyond just the numbers—that will help inform decisions. According to the KPMG Global CEO Outlook survey, more than half of global CEOs report that the CFO is the function that will gain the most importance in the next three years. This expanding role will be shaped by a constantly changing and fiercely competitive business landscape. Looking ahead, there are four business priorities that will significantly impact the focus of the CFO and strategies for driving the company forward: growth, the regulatory environment, business insights, and continuous innovation and change.

These priorities will challenge CFOs and finance organizations to re-evaluate how they work and the technology they use, and drive the evolution of their finance systems to deliver the capabilities and tools they need to succeed. Here is a look at the impact of these priorities on the CFO and finance organizations, and why they are moving to cloud-based finance systems to better help them support growth, change, and innovation.



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