CFOs and their team can have a more strategic role to play in an organisation which can be achieved through greater information sharing and collaboration as well as using emerging technologies. This survey, conducted by one of the largest publication houses in the world, explored the extent of collaboration between the finance function and other business functions, and identify how finance could drive new priorities for the future.
The team of advisers at iResearch Services conducted secondary research to identify the work schedule and priorities of the finance heads of organisations. The respondents were then picked evenly from across sectors to improve the quality of the research
Percent of C-suite responses
Million USD Revenue & above
Automation of day-to-day activities using artificial intelligence and digital voice assistants can help improve collaboration across business functions in the near future.
Cloud computing for remote access & chatbots to proactively drive collaboration across business functions.
If automation frees up 30-50% time then the organization can focus on customer relationship management.
Knowledge of emerging technologies & understanding of business strategy and operations data science and analytics were identified as the most important skills to focus on by CFOs
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