For more than 30 years, there have been articles touting the CFO as someone who “needs to be strategic: a business partner and not just a bean counter.”
Business writers still publish these articles today, but it’s time to stop. CFOs know they need to be strategic, and they know they need to operate the finance function. They don’t need an article to tell them that anymore. They do, however, need clear vision and technology to help them juggle new balls in the finance ecosystem: regulatory changes, artificial intelligence and Blockchain. Finance must add these balls to its mix while still juggling its “traditional” responsibilities of internal controls, compliance and closing the books quickly.
The future of finance is chockablock with new regulations, technologies and business models. The CFO must handle responsibilities beyond the finance function. They must also use strategic skills to transform the organization. Using the old, heavy, rigid ERP offerings will not provide the tools to nimbly break out of the “Old CFO” role.
This eBook provides a guide to the new technologies every CFO needs to succeed as well as a strategic framework for balancing traditional CFO responsibilities with their new, highly strategic ones.
By: Oracle View