New Study Underscores The Top Digital Trends Changing The CFO Role Today



Chief financial officers are increasingly leading the digital transformation efforts at their organizations, as part of the evolution of the role of CFOs, according to a study released last week. The online survey commissioned by accounting software maker Sage found that 76% of respondents said they believe CFOs drive digital transformation in their business.

The survey noted that the duties of the CFO have rapidly changed in the last five years. Some 98% of respondents said the CFO now has an increased focus on business strategy, increased automation of manual processes, compliance and continuous financial reporting.

The Sage survey interviewed 500 financial decision-makers nationwide, including CFOs, finance directors, accountants, and controllers. About 85% of respondents were from firms with between 100 and 499 employees, while the remainder were from smaller firms.

 Full Article

Source: Forbes

 Back to List