The Ledger
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Tag Archives: CFO
CFO Dive: Making FP&A Analysts the CFO’s Braintrust
“The goal is to identify levers in each function area that drives that part of the organization’s overall success, put a dollar amount to the levers so leadership can know how much spend will result in how much improved performance, and then course-correct as the metrics rise or fall.”
CFO Journal: CFOs Hold Varied Roles in Leading, Guiding Transformations
“As sponsors of company transformations, CFOs were most likely to play this role with respect to technology/systems upgrades (56%), strategy/model/offering shifts (48%), and process efficiency/redesign (20%).”
Forbes: Driving Digital Transformation In Finance And Beyond
“The finance team has continuously redesigned processes to ensure a focus on transformation, versus repeating traditional processes that slow down execution.”
CFO Magazine: Four Questions CFOs Should Ask Their Supply Chain Leaders
“For CFOs, it is critical to remain engaged in these conversations with their CSCOs and broader supply chain and transportation leadership. This includes making transportation volatility a C-suite-level conversation, capturing growth while controlling costs, ensuring that upstream and downstream collaboration is part of the ongoing strategy to strengthen the value chain, and adapting to a fast-changing environment.”
CFO Dive: CFOs Substantially Raise Their Growth Expectations
“Nearly all CFOs agreed on the benefit of tech investments. They named changing customer demands (47%) and disruptive technologies (40%) as the top-two drivers for digital transformation…In shepherding those transformation goals across the finish line, 42% of CFOs said their primary role is as co-leader of the transformation; another 19% said they’re a sponsor or enabler, and 16% called themselves leaders.”
Forbes: The New Essential CFO Skillset
“Over the last fifteen months, the role of the CFO has become significantly more complex. In fact, according to Deloitte’s recent North American “CFO Signals”survey of CFOs in Q1 2021, more than half of respondent CFOs (54%) reported “having higher demands from their executive/leadership teams since the beginning of the pandemic.””
Forbes: The Power Of Storytelling In The Finance Function
“We are in the era of big data and in every organization and in every finance team you will have the opportunity to work with data. You will have to inform, guide and lead your business. I have no doubt that in the role of business partner many CFOs will be responsible for a majority of the data transformations.”
CFO Dive: How CFOs' Digital Conservatism Hinders Progress
“More than 4 in 5 (84%) of Gartner clients said finance should be ‘digital by default’…Yet when it comes to implementing digital technology, nearly three quarters of CFOs said their teams are too cautious.”
Forbes: Building A Flexible Finance Function In An Age Of Disruption
“If there’s one thing that the past year has taught us, it’s that our organizations need to be able to react to crises and disruptions at a moment’s notice. What does this mean for CFOs and for finance departments more broadly? It means they must be nimble, agile and responsive to sudden change, in addition to being conscious of long-term preparedness.”