The CFO of the digital economy spends more time building the future than compiling reports. McKinsey says CFOs are critical in an organisation’s digital transformation strategy and that their training helps bring critical insights to the boardroom.
However, one area where CFOs are struggling to fulfil what is expected of them is in the area of advanced decision-making.
According to Grant Thornton and CFO Research survey, only 55% of the surveyed executives say they apply advanced analytics to enterprise innovation decisions. Only 57% have a strategy for defining and creating a high-value finance team that can support innovation initiatives.
As senior finance executives expand their focus, new challenges related to data visibility and agility have emerged. Progressive CFOs are seeking the right tools to overcome these hurdles, enabling them to become nimble in order to support growth across the enterprise.
Sponsored by Anaplan, The Modern CFO Revealed ebook discusses the role of the CFO in driving greater collaboration, finance’s role in boosting business planning capabilities, and the tools required to get to the next level.
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