Having spent much of the past decade ensuring compliance with financial reporting, corporate governance requirements, and/or cost reduction initiatives, CFOs are eager to:
- Strengthen their strategy, planning, information reporting and analytical capabilities
- Empower their finance organization and their C-level peers to make better business decisions
- Transform data into intelligence that enables actionable decisions
- Refine current technology and take advantage of evolving technology
The results of this study conducted by KPMG and CFO Research Services clearly demonstrate that challenges exist. We partnered with CFO Research to find out how CFOs at large companies are planning to use technology to further their strategic initiatives over the next two years. The survey revealed these execs are trying to reposition themselves away from their compliance-heavy and cost-reduction role to one of growth and strategy.