The evolution of the CFO
The research reveals a radical new remit for senior financial decision-makers as drivers of strategic change and visionaries of the future. Supported by advanced technologies, they’re confidently leading the digital transformation agenda within their organisations. “One of the questions we asked was who has responsibility for digital transformation in the organisation? Had we asked that question five years ago, the answer would have been the CTO or CIO. But that role has now shifted to the CEO who depends heavily on the support and partnership of both the CIO and CFO to effectively achieve digital transformation.
This has brought with it a host of additional challenges around cybersecurity, data protection, and compliance. However, with nine out of 10 businesses adopting emerging technologies in some form, CFOs have risen to the challenge.