
What CFOs Need from Business Continuity Management Technology and Why Vendors Are Missing the Opportunity
Description
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
Table of Contents
7 Pages
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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