Three Critical Areas Where CFOs Drive Enterprise Performance Improvements

Nearly three-quarters of those surveyed expect their CFOs will play an even larger role in all three key areas in their companies — operations, talent, and technology — over the next two years. Most also expect this type of enhanced engagement across the enterprise will become standard practice and an integral part of the evolving CFO job description. “Be involved in more team-building exercises across functional lines,” says one. Success depends on “fostering more interaction and cooperation between departments.” CFOs have the opportunity to impact all areas of the business. Historically, the CFO’s primary focus was on the financial integrity of the business and managing risk. However, investments in technology have led to significant achievements in these focus areas, enabling CFOs to direct more attention to enterprise performance, particularly in light of all the data that finance captures. The result is the evolution of CFOs and finance leaders who are able to drive increased value to their organizations in areas outside of their traditional realm.



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