What CFOs Need from Business Continuity Management Technology and Why Vendors Are Missing the Opportunity

This IDC Market Perspective describes what CFOs need from business continuity management (BCM) technology and why vendors are missing the opportunity. CFOs increasingly view BCM technology as essential for financial resilience, risk management, and stakeholder trust. They demand solutions that provide real-time financial impact analysis, integrate with enterprise risk platforms, enhance situational awareness, and ensure operational resilience across finance and supply chains. Vendors have a unique opportunity to position BCM as a strategic tool for protecting shareholder value and enabling informed decision-making. Advanced, integrated BCM technology can transform continuity planning into a competitive advantage in an unpredictable business environment."BCM isn't just compliance; it's the CFO's tool for safeguarding financial resilience, reducing risk, and turning unpredictability into strategic advantage." — Heather Herbst, research director, CFO Tech Agenda, IDC


Executive Snapshot

New Market Developments and Dynamics

What CFOs Need from BCM Technology

Financial Impact Visibility

Integrated Risk Management

Real-Time Situational Awareness

Vendor and Supply Chain Risk Management

Operational Resilience for Financial Processes

Testing, Exercising, and Auditability

Strategic Reporting and Executive Dashboards

Why Vendors Should Sell BCM Technology to CFOs

Why Vendors Should Be Making the Case to CFOs

BCM Is a Financial Risk Tool, Not Just a Compliance Checkbox

CFOs Are Champions of Enterprise Risk Management

CFOs Control the Budget for Resilience Investments

Disruptions Have Direct Financial Consequences

The Board Expects Better Reporting and Oversight

BCM Supports Shareholder Value and Brand Resilience

CFOs Are Seeking Integrated, Data-Driven Solutions

A Call to Vendors

Advice for the Technology Supplier

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Related Research

Synopsis

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