7 Emerging Trends that are Changing Finance Departments
The role of the CFO is evolving and that means finance departments are evolving too.
Learn how technology is helping leaders chart a new course for a more data-driven world. The growing pains and greater visibility mean the finance department will need to take charge and help the business shore up IT security, implement strategic technologies and find ways to optimize systems.
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Topics Inside the Book
Evolving CFO Role
The role of the CFO continues to evolve to include IT management, operations, and business strategy responsibilities.
The workforce is changing. Millennials have different values and working styles than many older employees, and new technology is enabling a more mobile workforce.
As new technology improves data collection and accuracy, advanced analytics technologies are making big data more accessible, giving finance professionals greater visibility into their organizations.
New Growing Pains
As they grow their business, many finance professionals have to manage new challenges, from managing business growth in a complex economic environment, to managing businesses that are more global than ever before.
With new responsibilities comes new risks for financial professionals, including new IT security risks, risks of globalization, and risks pertaining to changing workforce demographics.
Digital technology is reshaping the modern retail experience.
CFOs in the spotlight
CFOs and finance organizations have been thrown into the spotlight due to a rise in power, the growth of institutionalized investors, and a handful of high profile scandals that shook up the business work in the early 2000s.