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CFO Digital Transformation Is a Mandate for Overall Business Success

CFO Digital Transformation Is a Mandate for Overall Business Success

This IDC Perspective discusses the importance of digital transformation (DX) from the CFO perspective. CFOs agree that digital transformation is necessary for organizational success, yet organizations struggle to fully understand what DX is at all levels of the organization, what it means for their own business to transform, and how the business will fundamentally look and operate post-transformation.According to Shawn Fitzgerald, research director, IDC Insights' Worldwide Digital Transformation Strategies practice, "CFOs agree that this is a 5- to 10-year journey that requires CEOs to champion while representing all business functions requirements. To successfully execute DX, there needs to be leadership and resources at the senior management level tasked with implementing your own well-defined DX strategic priorities, programs, and projects, all goaled with creating repeatable, sustainable, and next-level business processes enabled by technology."

Please Note: Extended description available upon request.

Executive Snapshot
Situation Overview
Advice for the Technology Buyer
The CFO Mandate for DX
Companies Still Struggle with Defining DX and What It Means to Them
Make DX a Daily Priority and Invest for Success Accordingly
Is It the CFO Who Drives DX?
One Place for All Data
Standards for Interpreting Data
An IT and Systems Mindset for Process Repeatability at Scale
Digital KPIs, a Brief Perspective
How CFOs See It Getting It Done Right
DX Benefits for the Enterprise: The CFO's Point of View
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