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CFOs Are Expanding Their Responsibilities Beyond Finance: The Impact on Technology Vendors

Publisher IDC
Published Jan 28, 2025
Length 7 Pages
SKU # IDC19551621

Description

This IDC Market Perspective looks into the scenario where CFOs are increasingly taking on roles beyond traditional finance, driving organizational strategy, risk management, and digital transformation. This shift impacts technology vendors, which must now offer integrated, multifunctional solutions that cater to CFOs' needs for advanced analytics, ESG tracking, FGRC, and cross-functional collaboration. Vendors must innovate and position their products as strategic enablers to meet the evolving demands of CFOs, who are now key decision-makers in technology investments."CFOs are evolving into holistic business leaders, driving digital transformation, ESG initiatives, GRC management, and strategic growth — reshaping the role beyond traditional finance." — Heather Herbst, research director, CFO Tech Agenda

Table of Contents

7 Pages
Executive Snapshot
New Market Developments and Dynamics
Why Are Responsibilities Shifting to the CFO?
The Effect on Technology Vendors
Advice for the Technology Supplier
Learn More
Related Research
Synopsis

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