CFOs view continuing inflation as unsustainable in the long-term CFOs have relied on raising prices as their primary strategy for combating high levels of inflation, but they recognize that this strategy is unsustainable if inflation persists long-term, according to a survey by Gartner, Inc. A May survey of 182 CFOs…
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CFOs plan to diversify deposits
CFOs are assessing risk and viability of current funding sources More than one in four CFOs said they plan to diversify their deposits across more banks after recent high-profile bank failures, according to Gartner, Inc. Gartner polled over 250 CFOs and senior finance leaders on March 13, 2023, on their…
Read MoreCFO’s role changes due to fintech
Autonomous finance is a target operating model that CFOs are seeking to deliver CFOs have ambitious plans to reach a state of autonomous finance within the next three to six years that will require a significant reshaping of finance team structures to achieve, according to Gartner, Inc. “Most finance leaders, including many…
Read MoreOrganizations looking for composable finance applications
Flexible approach to finance tech stack CFOs who adopt a composable technology strategy will achieve higher revenue growth than peers who take more traditional routes with their technology investments, according to Gartner, Inc. By 2024, 60 per cent of finance organizations will seek composable finance applications in new technology investments.…
Read MoreCFOs are focusing on automation investments
Back-office automation is top priority CFOs plan to protect their digital investments as they cut costs elsewhere in the business, according to recent surveys by Gartner, Inc. Among technology priorities, CFOs have particularly prioritized back-office automation as a key to driving down costs in the face of ongoing inflation. A July 2022 survey…
Read More78 per cent of CFOs will increase or maintain enterprise digital investments
CFOs view tech as key to mitigating inflation. Seventy-eight percent of CFOs plan to maintain or increase enterprise-wide digital investments in the next two years, according to a Gartner, Inc. survey of 199 CFOs and senior finance leaders on May 13, 2022. The findings come even as CFOs indicate they…
Read MoreData and analytics a driver of employee productivity
Companies investing in productivity and efficiency. As CFOs look for ways to fight inflation’s impact on margins, self-service analytics will be a critical tool for driving employee productivity, according to a survey by Gartner, Inc. In December 2021, Gartner surveyed 400 finance executives and found the most selected combination of…
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